Blog – Page 24 – Know Your Numbers

Accounting Methods Explained: Cash Basis vs. Accrual Basis

Are you a small business owner just setting up your bookkeeping? You need to decide what type of accounting method you want to use to organize your finances: cash basis or accrual basis. Cash and accrual basis accounting are the...

The Pros and Cons of S Corp Election for your Small Business

Whether you’re just kick-starting your new business, or you’ve been operating as a sole proprietor for some time now, you may be weighing the pros and cons of incorporating your business as an S corp. In simple terms, an S...

Onboarding for Small Businesses: The Three Essentials

Congratulations! After months of reading over resumes and interviewing hopeful candidates, you now have one or more eager worker bees ready to buzz to work...or so you thought. Now standing between you and success is the process of onboarding your...

1099-NEC Form: The Essential Facts for Small Business Owners

I-9, W-4, 1099, W-2… oh my! If figuring out tax form lingo feels like playing a chaotic game of Battleship, where all the ships are chess pieces and for some reason you’re rolling a pair of dice like backgammon… ...don’t...

How to Classify 1099 Workers vs W-2, & Why You Can’t Mess Up

If you’ve been at all privy to the drama in the California worker classification roller coaster of the last couple years, you know that determining employee vs. non-employee status has been a huge, controversial legal debate. Controversial and money-sucking —...