Employee Records: What Does and Doesn’t Belong
Paperwork is an essential aspect of any employment process, and those in charge of handling
1099 vs W-2: What’s the Major Difference in 2025?
When it comes to adding workers to your business, the number of forms you’re faced
Profit Margin Equation: How to Easily Calculate Your Profit for 2025
What is the profit formula? Calculating profit for a business involves using the profit formula,
Income Statement… What Does it Really Tell Me About My Business?
Income statement reports show financial performance based on revenues, expenses, and net income. By regularly
What Is a Chart of Accounts and How Do I Set One Up?
What is a chart of accounts? The chart of accounts, or COA, is an organized
A Small Business Guide To the 2025 Tax Season
Running a small business in 2025 comes with a unique set of challenges. From navigating
What is Depreciation… And How Do I Calculate It?
Depreciation is the gradual decrease in the value of a company’s assets. It can play
What is Net Income?… The Bottom Line is That You Need to Know Your Bottom Line!
What is the net income formula: The net income formula is a company’s profit after
Cost of Goods Sold: How to Calculate and Record COGS
Running a business requires a lot of math. But to calculate your profits and expenses
11 Accounting Formulas Every Small Business Owner Should Know
Keeping track of the revenues and finances of your small or big business is surely