Finances

Predatory lending practices include loan flipping, hidden fees and balloon payments. Fortunately, there are laws that protect borrowers.

Learn what information to include in a payroll report, both to ensure legal compliance and to improve financial management.

Accounting ratios and formulas streamline the bookkeeping process and help you evaluate your company's finances. Learn how these ratios and formulas work.

Balance sheets and income statements are related but not the same. Learning the difference and when to use each can aid your business’s financial health.

This guide describes eight accounting methods small businesses can use to manage their finances.

As cash payments decline and contactless payments grow, not accepting credit cards could hurt your business. Learn why your business should accept cards.

Business owners should understand the basics of accounting, including what accountants do. Learn how to improve your fundamental accounting knowledge.

An income statement can be used for gauging the health of a business and making strategic decisions. This guide explains how to prepare an income statement

A business line of credit provides a lot of financial flexibility. Here is how it could help your business.

Processing payroll is critical for businesses. Refer to this payroll checklist to ensure you stay compliant and don't miss vital payroll processing steps.

Exporting invoices from QuickBooks is quick and efficient. Learn how to do it here.

SMS payments can help you obtain customer payments that might otherwise go missed – and that's not their only benefit.

Learn how to accept overnight payments electronically and offer this added benefit to your customers.

This guide explains invoice factoring, a funding option available to businesses that turns outstanding invoices into cash in exchange for a fee.

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

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

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.

Joseph Hennessey, Small Business Innovation Research Adviser, explains

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.

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.

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

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

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.

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.

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.

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

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.

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

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

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