If you are self-employed, estimated taxes are one of those tax things that can feel easy to ignore, until one of the deadlines shows up waving at you from the calendar. The easiest way to understand estimated taxes for self-employed business owners is this: they are the taxes you would normally owe by April 15,…
For a lot of self-employed business owners, bookkeeping is one of those things that keeps getting pushed down the list until it suddenly becomes urgent. You are busy doing the work, serving clients, managing projects, answering calls, and trying to keep everything moving. Then before you know it, receipts are piled up, expenses are behind,…
The end of the year can feel like a lot when you are a small business owner. You are trying to wrap up client work, finish projects, collect payments, review expenses, prepare for tax season, and somehow still enjoy the holidays. A year-end bookkeeping checklist helps small business owners review income, expenses, reconciliations, unpaid invoices,…
Black Friday, Cyber Monday, holiday specials, referral discounts, loyalty offers — discounts can feel like an easy way to bring in more sales. And sometimes, they can be helpful. But here is the part many business owners do not always see clearly: A discount can increase sales and still reduce profit. That is why it…