If you aren't updating your books at least monthly, it's likely that you are "flying blind" as to the financial condition...

Business use of a personal vehicle is a tax deduction that many entrepreneurs overlook. Don't miss out! There are two ways to...

The IRS heavily scrutinizes meal expenses, but don't be afraid to take the deduction. Meeting with a prospect over a high-quality meal...

Profit Margin is the measure of how efficiently your sales produce profit. It is calculated as (Sales - Expenses)/Sales. In other words...

The Chart of Accounts is a set of categories to classify transactions in your business. The chart of accounts is a list...

There are two ways to categorize your workers: W2 or 1099. What's the difference? If you are a growing business, one of the most...