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Learn the ins and outs of what you need to have ready to secure funding for your business. We've covered the basics.

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Small Business Credit Card Processing: What You Need to Know
By Elizabeth Crumbly | February 23, 2024

Learn the basics of credit card processing, including fees, transaction types, and pros and cons.

Accountant using a calculator
How to Calculate Cost of Goods Sold
By Dock David Treece | February 23, 2024

Tracking cost of goods sold (COGS) is an important indicator of financial health and critical for tax deductions. Here's how to calculate COGS.

6 Confusing Things About Accepting Credit Cards
By Marci Martin | February 22, 2024

Remove the confusion around accepting credit cards at your small business and learn what to look out for in a credit card processing company.

10 Ways to Reduce Your Fuel Costs
By David Gargaro | February 20, 2024

Businesses that operate a fleet of vehicles know how much money they are spending on fuel each month. Here are several ways to cut down on those expenses.

Businessperson signing a paycheck
What Is a Merit Pay Increase?
By Nicole Fallon | February 16, 2024

Learn what merit pay is, how to award merit pay increases, and best practices for implementing a merit pay policy.

The Pros and Cons of a Term Loan
By Jamie Johnson | February 15, 2024

A term loan is a one-time upfront payment to fund a one-time project or long-term business growth. Learn whether a term loan is right for your business.

What Is Payroll Accounting?
By Dock David Treece | February 15, 2024

Payroll accounting is the process by which businesses track expenses related to payroll. Learn more about it and how accounting software can help.

What Is the Small Business Innovation Research Program?
By Max Freedman | February 13, 2024

Joseph Hennessey, Small Business Innovation Research Adviser, explains

Accountant using a calculator
Business Liabilities Every Owner Should Know
By Jamie Johnson | February 13, 2024

This guide identifies common business liabilities that every small business owner should keep track of and understand.

Doctor signing a form
What Are Medical Claims?
By Max Freedman | February 12, 2024

Medical claims are documents that your practice must submit to payers for reimbursement. Learn how to create them here.

Businessman with a calculator and laptop
What Are Accounting Standards?
By Jamie Johnson | February 12, 2024

This guide introduces the concept of accounting standards and explains why they are important to businesses trying to better manage their finances.

Accountant using a calculator
Section 179 Deduction: Rules and Limits
By Dock David Treece | February 08, 2024

Section 179 lets you deduct the cost of a business asset in the year you buy it or place it in service. Learn if it's the best choice for your business.

Accountant working at a desk
Tax Deductions You Should Take and Some Crazy Ones to Avoid
By Sally Herigstad | February 08, 2024

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.

What Is An Expense Report?
By Dock David Treece | February 08, 2024

Expense reports help you understand your business's financial activities, profit margins and cash flow. Learn about creating and using expense reports.

What Are Payroll Liabilities?
By Julie Thompson | February 08, 2024

Payroll liabilities are payroll expenses a business owes but has not paid. These liabilities can appear every time you run payroll.

How Do Acquisition Loans Work?
By Dock David Treece | February 08, 2024

Businesses use acquisition loans to acquire other businesses or strategic assets, such as equipment. Learn how they can help your company.

Accountant working with a laptop and a calculator
What Are Payroll Taxes?
By Sean Peek | January 30, 2024

Employers must withhold federal income tax, plus any state or local taxes. Here’s what every small business owner should know.

Cashless Society Pros and Cons: Are Digital Payments Really Killing Cash?
By Mona Bushnell | January 30, 2024

Cashless transactions are growing worldwide with a wide range of payment options. Learn the pros and cons of cashless payments and what they mean for SMBs.

person doing taxes
Freelance Taxes: What Every Freelancer Needs to Know
By Paula Fernandes | January 30, 2024

Freelancers are responsible for figuring out their own tax obligations and when to pay. Learn how to pay taxes as a freelancer.

Mental Health Billing vs. Medical Billing
By Max Freedman | January 25, 2024

Mental health billing differs from medical billing due to variables in mental healthcare not present in primary or specialty care. Learn what's involved.

What is a Tax Audit? What Do You Do If You Get Audited?
By Simone Johnson | January 24, 2024

A tax audit is a review of your reported data to ensure it is correct. Here is how a small business can avoid one and how to handle it when the IRS calls.

Overtime Pay and What It Means for Your Workers
By Andrew Martins | January 24, 2024

If your employees are regularly working past their 40 hours a week, you are liable to pay them overtime. Find out what that means for your business.

Businesswoman signing a paycheck
Gross Pay vs. Net Pay
By Julie Thompson | January 24, 2024

Gross pay is what employees earn before taxes, benefits and payroll deductions are withheld. The remaining amount is net pay. Learn how to calculate each.

Businessperson signing a paycheck
How to Calculate Gross Wages
By Sally Herigstad | January 24, 2024

Calculating gross wages is the first step to compensating employees properly and keeping accurate payroll records. Learn about the process with this guide.

How to Calculate and Pay the SUTA Tax
By Adam Uzialko | January 23, 2024

The State Unemployment Tax Act is a tax that states use to fund unemployment benefits. Determine your SUTA rate and employer obligations for paying SUTA.

envelope with a paycheck
How to Set Up Direct Deposit
By Max Freedman | January 22, 2024

Direct deposit paychecks are so common that employees often expect them. Here’s how to set up direct deposit for your business.

Should You Borrow From Your 401(k)?
By Joyce Walsack | January 22, 2024

This guide explains how to borrow from your 401(k) and the key things to consider when doing so.

5 Tricks to Lower Your Credit Card Processing Fees
By Julianna Lopez | January 19, 2024

Credit card processing fees are necessary when your business accepts credit and debit cards. Learn about these costs and 5 ways to reduce processing fees.

iPhone Credit Card Processing: What You Need to Know
By Adam Uzialko | January 19, 2024

Small businesses often use iPhones for credit card processing. Learn how to use your iPhone as a POS device and the best credit card processors for iPhone.

freelancer using a laptop
How to Send PayPal Invoices
By Adam Uzialko | January 18, 2024

See our step-by-step guide for using PayPal to bill customers, and find out the cost for invoicing through the payment platform.