Finances

The Tax Cuts and Jobs Act is a federal tax code signed into law in 2017. Learn how these changes to the tax code affect small business tax liabilities.

Creating a payroll budget requires adding the total cost of each employee on your payroll. Learn to conduct this essential aspect of running your business.

Learn exactly how to calculate net pay and payroll withholdings for your small business.

Pay stubs are an important part of payroll accounting. Learn how to make pay stubs so your employees can track their wages, taxes and deductions.

CDOs caused the 2008 financial crisis, and similar asset categories are on the rise. Could they really cause another recession? Here's what to consider.

Microfinancing is the process of giving small loans to business owners without access to traditional financial products. Learn how microfinancing works.

Learn the accounting cycle, an eight-step process for recording and analyzing your company's financial activities to ensure accurate bookkeeping.

GDP is the value of all goods and services produced in a country – and one of the most closely watched economic indicators. Learn how to calculate GDP.

Stagflation is a mix of increasing prices and limited economic growth, and governments can do little about it. Here's what small businesses should know.

Direct costs and indirect costs both influence how small businesses should price their products. Here's what you need to know about each type of expense.

1099-MISC and 1099-NEC are IRS forms used to report your taxable payments to non-employees. Learn when each is used and how.

Learn four areas of concern for small business owners amidst Federal Reserve interest rate hikes – and tips for how to respond.

Learn what imputed income is, see examples and find out how to calculate the taxes you must pay on it to stay compliant.

Learn how to collect, report and file FICA taxes for your business.

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

Tax deductions are great, but some might be less than legal. Here's the ones you should take and which ones you should avoid.

While the chances of an IRS audit are small, most tax audits involve small and medium-sized businesses. Here’s what you need to know.

Employers are required to pay state unemployment insurance taxes. Here's how to calculate and pay unemployment tax in your state.

Learn how small businesses can get tax benefits with research and development credits.

Filing for a business tax extension can buy you some additional time when you're not yet prepared to file your taxes. Here's how to do it.

Worried about having your taxes audited? Find out what a tax audit is, what triggers it and how to handle an audit notice.

Sales tax gets complicated if you sell to customers in other states. Learn how to manage your sales tax obligations and comply with state tax laws.

Find out which tax laws, codes and deadlines apply to small businesses in 2022.

A major factor in tax season is your state's tax code. Where does your state fall on this list of the best and worst states for small business taxes?

There are many tax-deduction options available for small businesses. Are you taking advantage of them?

Giving your employees bonuses? Learn how to calculate the proper tax withholdings.

These tax deductions might seem made up, but the IRS allows them. Do you qualify for any of these strange deductions?

Freelancers are small business owners who which means they must pay self-employment taxes. Here's what you need to know about paying taxes as a freelancer.

Filing your taxes can be tricky when you're self-employed. This handy guide can make things easier.

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.