Accounting Archives

Using Personal Credit Cards in an S Corporation and the Impact on Shareholder Basis

Using a personal credit card to pay for S corporation expenses is a nuanced topic that can affect shareholder basis […]

Understanding purchase price allocation (PPA) is vital for business owners navigating asset sales in today’s competitive market. Whether you plan

Welcome back to our Ultimate Guide to Small Business Finances series. In this third entry, we’re focusing on a vital

These days, there are several phrases that can be used to mean self-employment, terms such as: “gig worker”, “working for

Choose an Accounting Method There are two accounting methods available to small businesses: accrual accounting and cash accounting. You need

One of the most crucial aspects of your launch is deciding how to organize and handle your cash. How are

What is the Alternative Minimum Tax (AMT)? A federal tax measure known as the Alternative Minimum Tax (AMT) is intended

Just as your therapy clients rely on your expertise for their wellbeing, your business’s financial health hinges on consistent and

Embracing a disciplined approach to bookkeeping, complemented by a detailed month-end checklist, can transform a daunting task into a manageable

Payroll management is an essential aspect of any business, regardless of its size. Whether you’re hiring your first employee or