Saving money in a business is often a chief concern of small business owners. Maybe cash is tight and you’re looking to extend your runway. Maybe things are fine and you’re just looking for creative ways to tighten up your operation. In any case, here is our fantastic...
What Is Proof of Income? Proof of income is documentation verifying the amount of income you receive regularly or have received recently. It’s used by lenders and landlords to make sure that people entering credit contracts and lending agreements can actually make the...
There are a select few people (mostly those who are expecting a tax refund) that submit their tax returns as early as possible. While the rest of us wait for the last minute panic in mid-April (the usual deadline to file taxes) these individuals chase the earliest...
And Why You Won’t Use a 1099-MISC in 2020 As a small business owner, it’s not uncommon to hire out work to a third party. When these third parties are independent contractors, and you pay them $600 or more for products or services, the IRS requires you to fill...
Pay periods. They’re a crucial part of your payroll, and sometimes the thing that keeps your employees going from one day to the next. A lot depends on accurate and consistent payroll — the obvious accounting duties, taxes for both employer and workers, and even...
YTD means “Year To Date.” It simply means “everything from the beginning of this year until now”, and can be found on all kinds of financial documents — whether it’s an official pay stub or a company revenue report. YTD also has some important...
