W-2 and 1099 Deadlines: An Employer's January Checklist
January is filing month for US employers. Forms W-2 for employees and 1099-NEC for contractors are due to recipients and to the government by January 31, and …
Category
Finance
Cash flow, pricing, unit economics and the financial basics every owner should know.
How to Prepare for a Bank Loan Meeting
A bank loan meeting is not an exam, but it does reward homework. Lenders want to see that you know exactly why you need the money, how you will repay it and …
Business Savings Accounts: Where to Keep Your Reserves
Saving money in your business is only half the job. The other half is deciding where that money lives. Keep your reserves in the wrong place and they either get …
Merchant Cash Advances: Costs, Risks and Alternatives
A merchant cash advance can put money in your account within days, with little paperwork and no fixed monthly payment. That speed is exactly why it appeals to …
Customer Profitability: Which Clients Really Make You Money
Your biggest client is not always your best client. Once you count the extra hours, the endless revisions, the discounts and the late payments, some accounts …
How to Set Up a Chart of Accounts
A chart of accounts is the list of categories every dollar in your business gets sorted into. Set it up well and your reports make sense, your tax prep gets …
Household Paperwork: What to Keep and for How Long
Mid-December is the perfect time to face the paper pile. The year is nearly over, a new tax season is coming and you probably have a drawer, a box or a …