If you’ve accidentally filed an inaccurate Form 941, Form 941-X is what you need to set things right. As a business owner, the last thing you want to do is run afoul of the IRS. Unfortunately, with all of the complexity and pressure of filing your taxes, sometimes...
There’s more than one pay schedule you can use to pay an employee? But which one is right for you? In this article, we’ll talk about one of the most commonly used pay schedules, biweekly pay. What Is Biweekly Pay? Biweekly pay is when a business pays its employees...
We live in a very carefully documented society, and few things are as closely measured and cataloged as finances. From tracking revenue and expenditures for measuring profitability, to identifying financial trends and potential business opportunities, to ensuring that...
Investors and business owners alike care a lot about retained earnings.But what are they?In this article, we’ll explain what retained earnings are, what a statement of retained earnings shows you, and how to use those earnings to improve your business. What Are...
There are many advantages to self-employment; being your own boss means the freedom to set your own goals, work the hours you want to work, and reap all of the rewards for your own effort. However, with self-employment comes other responsibilities that may not seem...
