When does the cost of inventory become an expense? It’s a question that can create confusion for business owners, so we wanted to take a couple of minutes and help you make sense of it. In order to fully unpack this question, we first need to clarify the difference...
If you’re a small business owner, you already know that it takes money to make money. The only problem is…what do you do if you don’t have any money to start with?! Banks can help you get going in the form of a loan. You’ve got the idea and the passion to make it...
Starting your own general contracting business can be exciting. You get to be your own boss, and your earning potential is only limited by your effort. But it can be an intimidating process too. Where do you begin? How do you know if you’re setting your business up...
Most people know that donations to charitable organizations can help lower your taxes. But there are 3 tax deductible charitable small business donations that you may not know about. As we come to the close of another year, this might be a great time to look around...
Running a small business takes a lot of time and money. Anytime you can save some cash or keep from having to send it to the IRS, that’s a good thing! This checklist of small business tax deductions will help you know what expenses you can use to lower your 2021...
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