Finances

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.

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.

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.

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

When circumstances entirely out of your control make SBA loan payments difficult, you may qualify for a payment pause known as a deferment.

Find out how wage issues combined with inflation can hurt both existing businesses and would-be entrepreneurs.

Apple Pay is a convenient, secure and contactless mobile payment method. Learn how Apple Pay works and how to accept Apple Pay in your business.

EBITDA is a way to measure your company's financial health. Learn how to use this analysis tool.

Good business credit helps your company grow faster. Learn how to build and maintain solid business credit.

You must pay your employees the greater of your state's hourly minimum wage or the federal minimum wage. Learn more about minimum wage laws.

Accounting reports are statements that show the financial health of a business.

Bankruptcy helps people and businesses get a fresh start financially. Learn what filing for bankruptcy entails, as well as its benefits and disadvantages.

Accurately gauging your business's value isn't an exact science. Learn valuation methods, how to calculate your business's value and why it's important.

This guide to on-demand payroll explains the trend and analyzes whether it may be the right choice for your employees and business.

Depreciation can affect the value of your assets and your taxes – often for several years. Learn how depreciation works and how to track it.

Learn how business debt consolidation works and how to choose the best debt consolidation loan for your business.

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

There are unique payroll challenges for a not-for-profit organization, such as a 501(c)(3). Here are some tips on running payroll for a nonprofit.

Making charitable contributions through your business helps others and may also provide unique benefits. Learn how charitable giving affects your business.

Learn the differences between FIFO (first in, first out) and LIFO (last in, first out) to determine the best inventory management method for your business.

Find out which states are best or worst for small business taxes. Our guide includes information on property, individual, sales and corporate taxes.

This guide offers tips for small businesses trying to collect debts.

Payroll processing is the procedure for paying your employees. Learn the eight steps involved and other essential payroll processing information.

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.