Sponsored by H&R Block For information only. Not all tax situations are the same. It’s tax time again, and if you’re anything like me, this time of year tends to generate a little bit of stress. Even though I’ve been filing tax returns since I was 15, with new tax rules and IRS jargon the […]
Handling Your Finances as a 1099 Contractor
Working from home is a dream of many, and running your own business is a great way to do just that. Chances are that, unless you’re selling a product, you’re doing a lot of freelance work. And when you freelance, businesses treat you as an independent contractor, or a 1099 contractor, which alludes to the […]
Tips for Maximizing Your Tax Deductions
The deadline for filing your tax return is coming up quickly. A lot of small business owners depend on a solid refund to help get the year off to a good start. But to get that big refund, you have to claim every deduction and credit available. Here are some simple tips to maximize your […]
10 Tax Tips for Home-Based Business Owners
If you just started your home-based business in the last year, you may be apprehensive about your first time filing and paying small business taxes. Never fear: these tips will make tax season easier for you. 1. Know Your Deductions. You might be surprised at all the expenses you can write off with your home-based […]
Fall Business Tasks: What Business Owners Need to Do Before the Year Ends
Autumn’s arrival has signaled that the dog days of summer are officially over and it’s time to get back to the grind, whether that means syncing up to the kids’ class schedules or staying longer hours later at the office. For small business owners, it’s critical to start planning on through the end of the […]
How to Manage Your Finances When You’re Running the Show
Ask any business owner to name their least favorite tasks, and bookkeeping, money management, and paying taxes will all make the list. While these chores may be tedious, they’re absolutely critical. Unlike big companies, the finances of the solo business are often closely intertwined with the personal finances of the business owner. That’s why solo […]
How Your Financial Picture Can Make You A More Savvy Entrepreneur
Running your own business can be overwhelming, especially if you are a team of one. We wear so many hats as entrepreneurs that it’s really easy to fall behind with some of the more time-consuming duties. One of the tasks that can be particularly hard to stay on top of is your bookkeeping. Not only […]