
Your Resource for all the financial “things” that come with small business
The Wealthy Entrepreneur Blog
How to Pay Yourself First (Even When Your Revenue Fluctuates)
Summer is coming to a start and for a lot of people that means a slower business season - but expenses are higher than ever. Kids are home, you're planning (or paying for) that vacation, and somehow your grocery bill doubled overnight because everyone's eating at home.
Meanwhile, your client inquiries have slowed to a trickle because everyone else is in vacation mode too. You’re probably wondering how you’ll ever be able to pay yourself first.
Sound familiar? 😉
The Emotional Cost of Financial Uncertainty (and how it plays out in your business)
What if I told you the biggest threat to your business right now isn't inflation or market shifts, but the way financial uncertainty is causing you to abandon your long-term strategy?
I’ve said to many clients in the past weeks that sometimes financial anxiety is a self fulfilling prophecy. You get anxious about the situation → you abandon the long term strategy → you make moves that don’t make sense → you create the financial situation you were anxious about. Let’s fix this!
How to Start a Side Hustle (Without Losing Your Mind or Your Money)
Let's be real—who among us couldn't use a little extra cash these days? 👋
(I mean, seriously, my breakfast tacos are becoming little chunks of gold with the price of eggs these days). With inflation driving up costs on everything from groceries to gas, creating a side hustle isn't just nice anymore, it’s necessary to get by. But, it’s easy for a side hustle to become a side HASSLE that’s not actually making money.
QuickBooks Chart of Accounts: The 20-Minute Guide That Will Save Your Small Business Thousands
Are you tired of guessing whether your business is actually profitable? Sick of tax season surprises that leave you scrambling to find receipts? Or maybe you're just done with that nagging feeling that your finances aren't quite as organized as they should be?
S Corporation Election: What It Is, How It Works, and Why It Might Be Your Next Smart Money Move
We have officially made it through tax season (and ya girl is celebrating!!) but if you looked at your taxes and said, “HOLY COW I made so much money, and that meant I paid so much taxes,” then today’s article is for you.
How Small Business Labor Cost Affects Your Team Profitability (+What To Track To Boost Profits!)
If you've ever wrapped up a project and thought, "Where the heck did all my money go?" - this post is for you (specifically if you have a team!). I'm breaking down exactly what your small business labor cost percentages SHOULD be in order to keep a healthy and profitable business.
How To Get Your IRS Transcript: The Secret Record You Should View Before Filing
Ever wonder how the IRS knows when you've missed something on your tax return? Here's the shocking truth: they already have a complete record of your income before you even start preparing your taxes. And most taxpayers have no idea they can access this exact same information. So today, I’m breaking down how to get your IRS transcript step-by-step.
Why Reading Your Tax Return (& Not Just Signing It) Is Crucial For Small Business Owners
You know that tax return you signed last year? The one you typed numbers into Turbo Tax and clicked “send”. Or the one your accountant sent over that you barely glanced at before signing? The one with YOUR social security number on it that YOU are legally responsible for? Yeah, that one. As a CPA, I've reviewed hundreds of tax returns, and I'm going to be really honest with you - signing a tax return you don't understand is like giving someone your credit card and hoping they don't max it out.
Growing Your Business? Here's What You Need to Know About Small Business Payroll Taxes
Let's get real about estimated tax payments for small business - one of the most misunderstood (and often overlooked) parts of running a business. As a CPA who's worked with hundreds of entrepreneurs, I've noticed that even the most successful business owners often struggle with this aspect of their finances (ESPECIALLY as their business grows and they have a breakout year). So let's break it down!
Estimated Tax Payments For Small Business: How To Calculate Your Quarterly Payments
Let's get real about estimated tax payments for small business - one of the most misunderstood (and often overlooked) parts of running a business. As a CPA who's worked with hundreds of entrepreneurs, I've noticed that even the most successful business owners often struggle with this aspect of their finances (ESPECIALLY as their business grows and they have a breakout year). So let's break it down!