Introduction
About Me
Sally Herigstad, an authority on all things finance and taxation, is the author of Help! I Can’t Pay My Bills: Surviving a Financial Crisis. As a certified public accountant, a member of AICPA and a tax software developer, Herigstad has spent decades guiding business owners and others through complex tax laws, debt resolution, financial planning and more.
At Business News Daily, Herigstad covers financial trends and best practices for managing business finances and taxes.
Over the course of her career, Herigstad has served as a subject matter expert for Microsoft’s TaxSaver, MSN Money and Microsft Money, and contributed insights and teachings through LendingTree, The Motley Fool, Bankrate, U.S. News & World Report, CreditCards.com, TaxAct and Realtor.com. For CreditCards.com, she spent 10 years helming the “To Her Credit” column, in which she answered reader questions on an assortment of financial matters.
Experience
Personal Finance Writer
at
Self-Employed
March 2003
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Present
Technical Writer
at
Microsoft
August 1998
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August 2005
Sally 's Activity
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How to Choose Online Tax Software for Business: A Buyer’s Guide Consider these points when shopping for online tax software and view our recommendations for the best programs for completing your taxes.
Updated October 24, 2023
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How to Calculate Gross Wages Calculating gross wages is the first step to compensating employees properly and keeping accurate payroll records. Learn about the process with this guide.
Updated January 24, 2024
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Should You Get an Unsecured Business Loan for Your Small Business? Getting small business funding without collateral is challenging. An unsecured business loan is an option, but interest rates and risks are factors.
Updated November 20, 2023
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Small Business Financing Trends to Watch Small businesses are facing challenges related to recession, inflation, interest rates and more. Learn what's ahead for small business financing.
Updated November 20, 2023
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Accounts Receivable: What Small Businesses Need to Know Accounts receivable refer to unpaid invoices a business should receive from customers from sales. Learn how accounts receivable affects operations.
Updated August 29, 2024
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Small Business Tax Tips This guide covers some of the biggest mistakes that businesses make when filing taxes, what deductions shouldn’t be overlooked and how small business owners can get tax season right.
Updated October 23, 2023
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Opening a Business Account When You Have Bad Credit Business bank accounts are crucial for recordkeeping and professionalism. Learn how to get a business bank account even if your personal credit is poor.
Updated December 13, 2023
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5 Tax Changes Small Business Owners Need to Prepare For Tax changes for the 2024 tax year may affect you and your business. Learn about key tax issues and tips for getting ready for tax season.
Updated October 24, 2023
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What Is Cost Allocation? Cost allocation is a process businesses use to identify costs. Here's everything you need to know.
Updated May 02, 2024
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How to File a Tax Extension for Your Small Business Filing for a business tax extension can buy you additional time when you're not prepared to file taxes. Here's how to file an extension for your business.
Updated October 24, 2023
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A Guide to Management Accounting for Businesses This guide describes management accounting and how it is used to inform business decisions and strategies.
Updated June 21, 2024
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How to Calculate Annual Revenue To determine your business' financial health, you need to know how much money you are bringing in. Here is how to calculate your annual revenue.
Updated October 23, 2023
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Small Business Taxes: What to Expect in 2024 This article includes the most up-to-date tax rules small business owners need to know for the current year.
Updated October 24, 2023
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How Long Could Your Business Survive on Cash Reserves? The average small business can only last 27 days without cash inflows. How long would your company make it?
Updated September 10, 2024
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What’s a Balance Sheet and Why Do I Need One? A balance sheet shows where your business stands at a certain point and includes assets and liabilities. Learn why balance sheets are crucial in business.
Updated December 13, 2023
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Get Your Business Taxes in Order Before the New Year With These Tips The year's last quarter is a good time for businesses to strategize spending and expenses to prepare for tax season. Learn tips for end-of-year tax prep.
Updated December 15, 2023
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10 Tax Solutions for Small Businesses Tax apps, business tax software and other tools can help small business owners stay on top of tax obligations. Discover 10 small business tax solutions.
Updated October 23, 2023
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8 Tax Season Preparation Steps April 15 approaches quickly, and many day-to-day decisions significantly impact your tax obligation. Follow these eight steps to stay on top of taxes.
Updated October 24, 2023
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Tax Deductions You Should Take and Some Crazy Ones to Avoid Some tax deductions may cause the IRS to flag your tax return while others could even land you in trouble. Learn what deductions you can and can't take.
Updated February 08, 2024
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The Sole Proprietorship Tax Guide The simplest small business legal structure is sole proprietorship. Learn about your recordkeeping and tax obligations as a sole proprietor.
Updated October 20, 2023