Category: Small Business Tips

Understanding all of the paperwork you need to file for your new business can be a little confusing at first. And if you’re a business that deals with physical inventory, you’ll likely be juggling both purchase orders and invoices—but what exactly is the difference between the two? Purchase orders (POs) and invoices are commonly confused […]

Hi! I’m Meg, and I’m self-employed. Confession time: I recently did something pretty awful. I read everything I could find about 1099s on the IRS website. I kind of had to because, for me, tax time is a bit trickier than just submitting my standard W-2s. To avoid being penalized, I have to obtain a […]

You’re probably familiar with the brightly colored “For Dummies” books. Some of the best-sellers include “Auto Repair for Dummies,” “English Grammar for Dummies” and “SQL for Dummies.” But did you know there is also a “QuickBooks for Dummies” series? Yes, the same way you need an instruction manual to learn the complex computer code “SQL,” […]

I can’t think of anyone who started their own business because they were excited about the bookkeeping. In fact, very few small business owners have  any background in accounting–yet finances are a crucial part of staying afloat!  Hopefully, you’ve got smart bookkeeping software to do the heavy-lifting for you. You shouldn’t have to count beans, but […]

The peer-to-peer payment app war is growing fierce. The use of P2P (peer-to-peer) payment apps is expected to grow by double digits across all age groups through 2021. Just last year, P2P transactions exceeded $120 billion. Let’s take a look at three of the most popular apps–Paypal vs Venmo vs Zelle–and see who comes out the […]

Experienced business owners know to save their receipts. Not only is this data crucial to expense reports, if you hope to claim any deductions or credits on your tax return, you’ll need proof. In the olden days, entrepreneurs might have stuffed their receipts into a shoebox until the IRS came knocking. But now, a digital […]

QuickBooks is by far the most recognizable name in the accounting software space.  QuickBooks Online (QBO) is a cloud-based alternative to QuickBooks Desktop.  The mobility of the platform is appealing to many users, despite frequent complaints of bugs and poor customer support.   At a glance, QuickBooks Online pricing seems more reasonable than the Desktop […]

What is a 1099-MISC form? Not the 1099 Form you’re looking for? What kind of income is reported on a 1099-MISC form? Who Files the 1099-MISC Form? Who Gets a 1099-MISC? Is There a Minimum Threshold Dollar Figure? How Do You File the 1099-MISC? How and When Do You Issue the 1099-MISC?   What is […]

Business owners know that their reputation today is built from online feedback—and customers know this too. Sometimes this means that vindictive exes or jealous competitors will try to troll your company by writing fake reviews for your GMB listing. But, there’s no need to fear—it’s possible to delete Google reviews. Platforms like Yelp or Facebook […]

Today’s business world is different than it was ten years ago. Many people are leaving the usual 9-to-5 workday, whether by choice or out of frustration with the availability of those jobs. Often, they find themselves freelancing, which is not always easy but frequently rewarding. When you take this path, whether as a writer, designer, […]