Maximize Your Deductions: The Tax Advantages Every Entrepreneur Should Know About
Whether it’s your first year as a startup or you’re battle-worn after years in the trenches, you’ve learned to keep a close eye on your company’s bottom line. When tax season rolls around, it’s another opportunity to be strategic about maximizing your tax deductions in order to minimize the overall amount you pay. However, this...
5 Money Questions Every Startup Needs to Answer
“Why do some startups fail?” In startup circles, this question is as common as “Why is the sky blue?” Common sense prevailing, one of the main reasons startups fail is that they run out of cash. While no one aims to burn through cash at an alarming rate, a lack of basic financial literacy definitely...
Sole Proprietor? Here’s What You Need to Know About Filing Taxes
The first thing to know about being a sole proprietor is that a sole proprietorship is a specific type of business structure where the individual and the business are seen as the same entity. Is your startup a sole proprietorship? If you haven’t filed any paperwork formally incorporating your business and you are the only...
Why Payroll Matters to Your Startup
According to a recent survey of 869 entrepreneurs, 74 percent were concerned about hiring good people. And, once you find the talent you’ve been looking for, you’ll want to do everything in your power to keep them — including paying them accurately and on time. Trust is a valuable currency One unspoken, yet pivotal, aspect...