Finances

Although partnering with a payroll provider is more practical, it is possible to complete your company's payroll on your own.

Tax prep can time-consuming, but if you fall out of compliance with the U.S. tax code, your business could face penalties. Review these common end-of-year practices to develop good tax habits.

POS sales reports provide a treasure trove of information that can help you spot trends and manage inventory.

Accounting software is essential for running a healthy business. Learn what features to look for and what you can expect to pay.

All businesses have liabilities. Find out what liabilities are and how to manage them.

Want to try crowdfunding your business venture? Here are 10 ways to help your campaign meet its funding goals.

Apple Pay is a secure and fast payment option that businesses can quickly implement for no extra cost.

A DIY approach to your small business's finances might not cut it. Consider hiring a bookkeeper or an accountant to keep track of data.

An employer-sponsored 401(k) retirement plan can have many benefits for both your employees and your business.

Learn what fiscal policy is, how it affects the national economy, and how it affects small businesses.

Here's what you need to know about charitable giving and business tax deductions.

Filing your taxes can be tricky when you're self-employed.

You might need to prorate an employee's salary for multiple reasons. When you do, make sure you do it right, following these calculations.

When you are paying employee bonuses, it is important to understand how they should be taxed.

Learn what overtime is and how you should dole it out to your employees.

If your business is new and doesn't have a credit history, use these eight tips to start building your business credit score.

When paying employees, employers must take into account withholding allowances to know how much to deduct for income taxes.

Learn how to qualify for a commercial real estate loan.

Is your small business taking advantage of every tax deduction it qualifies for? Here are 36 deductions that may help your business save money on taxes.

What inventory management method should you use for your business? Learn about FIFO and LIFO to help you decide.

From choosing a business structure that helps you save the most money on taxes to providing advice on a major business move, there are key times when your small business needs a CPA.

America is dealing with a coin shortage due to COVID-19. Find out why and how you can help local businesses.

Not all company assets are physical items like property or equipment. Learn what intangible assets are, how to acquire them and how to account for them on your balance sheet.

Understanding what a tax audit is can make them less scary. Here's what you should know if you receive an audit notice from the IRS.

If you take out a small business loan and the lender requires collateral, they may place a lien on your assets. Here's what you should know about liens.

Cutting business expenses is a great way to improve the bottom line without bringing in more revenue. Where can your business quickly trim the fat?

What is accounting? Understanding the definition of accounting and the key concepts behind it can help you manage your small business's financials.

Cash flow management is an essential skill that all business owners should possess. These techniques and tools make it easier to manage cash flow.

Here's everything you should know about return on investment and how to use it to ensure your business spending is increasing your earnings.

Asset-based lending refers to loans that are backed by collateral instead of based on your credit score. Here's what you need to know to tell whether asset-based lending is right for your business.