I’m sure you have heard the term ‘financial reports’ before, but as a new entrepreneur, you are probably wondering, “Why do I need them?” So what exactly are financial reports? Financial reports are really just a way of organizing all the transactions in your biz (in different ways – examples below!) to tell you different […]
10 of the Most Common Write-Offs for Online Business Owners + What the heck is a write-off Schitt’s Creek – I love you. Not only for your immaculate sense of humor, but for bringing to light a very confusing topic for entrepreneurs and small business owners: write-offs. Schitts Creek David Rose GIFfrom Schitts Creek GIFs […]
How a government shutdown will impact small business owners during tax season There has been talk of another government shutdown on the horizon (as of January 30, 2024, when I am writing you all this incredibly helpful, non-overwhelming, easy-to-read blog post 😉 ) The first thing you should know is that this shutdown is just […]
Everything you need to know about the Beneficial Ownership Information (BOI) Report You’ve probably been hearing a lot about the new reporting requirement for entrepreneurs and small business owners that went into effect January 1, 2024. Let’s get right to it and start by clearing the air: This is a simple, straightforward, easy report to […]