Year-End Payroll Checklist: W-2s, P60s and Final Pay Runs
December payroll is where a year of small payroll mistakes comes home to roost. A wrong address, a missed bonus, a benefit nobody coded properly: each one turns …
Category
Finance
Cash flow, pricing, unit economics and the financial basics every owner should know.
Holiday Season Cash Controls for Retail
The holiday rush brings your busiest tills, your newest staff and your longest days, all at once. That is exactly when small cash mistakes multiply. A few …
Writing Off Bad Debts Before Year-End
Every business that sends invoices eventually meets a customer who never pays. Carrying those dead invoices into a new year makes your books look healthier than …
Reviewing Business Insurance at Renewal Time
Your insurance renewal notice is easy to file away and pay without reading. But a policy that fit your business last year may not fit it now, especially after a …
Inventory Shrinkage Explained
Your system says you have 40 scarves on the shelf. You count 34. Those six missing scarves are inventory shrinkage, and they come straight out of your profit. …
Planning for the January Estimated Tax Payment
The fourth quarterly estimated tax payment lands in the middle of January, right after the most expensive month of the year. If you freelance or own a …
How to Close Your Books at Year-End
Closing your books at year-end means drawing a firm line under the year: every transaction recorded, every account checked, and the period locked so nothing …