The 2022 Tax Prep Checklist for Businesses

Whether you’re a self-employed team of one, or an S corporation with many shareholders, a lot goes into filing your business taxes as part of a pass-through entity. To make it all a little less overwhelming, here is your definitive small business tax prep...

How to Conduct a Market Analysis for Your Business

Whether you’re a current business owner or you’re looking to start your own business, you’re naturally looking to gain some perspective about your target market and competitors. Performing proper market research will help you learn more about the players in your...

What To Do If You’re Late Filing Or Paying Your Taxes

Running a business requires a lot of attention to detail. Filing taxes is one of those details that can easily fall between the cracks when there are lots of other urgent tasks at hand. But, if tax season hasn’t been on your radar and you’re at risk of filing late or...

How to Calculate Profit Margin

Understanding your business’s profit margin is essential for determining its growth potential and financial stability. It’s also a useful tool that allows you to see how your business compares to others in the same industry, as well as finding ways to better manage...

20 Cost-Cutting Tips to Reduce Your Business Expenses

Businesses frequently face situations that call for a reduction in costs. This may come about as a result of external factors beyond your control (e.g. a downturn in the economy), or may simply become relevant following a regular budgetary review. It’s easy to get...

What is a Tax Write-off?

With tax season looming on the horizon, it’s important to prepare your business finances to make filing as streamlined as possible. To set yourself up for success, you’ll need to know exactly what revenue you should be taxed on and which revenue shouldn’t be. This is...