Say a client pays you $12,000 up front for a full year of work. The money is in your bank account, so it might feel
Getting taxed on money you never actually received seems unfair. It occurs more often than people think, and it’s called a “phantom tax.” It happens
Running a business and keeping the books straight at the same time is hard. Most business owners are focused on serving customers, growing the company,
The debate around 1099 vs W-4 tends to arise when companies hire workers or independent contractors, or when any individual starts freelancing or becomes a
Setting up an LLC is one of the first big steps in starting a business. It protects your personal assets and gives your business a
Accounting for tech startups often appears near the bottom of a founder’s priority list, somewhere below shipping the product, hiring the team, and raising the
You started your agency to create great work for clients, not to spend hours dealing with spreadsheets and financial reports. But sooner or later, ad
If you’ve seen “ACA” after an accountant’s name and wanted to know what it means, you’re in the right place. An Associate Chartered Accountant is
A balance sheet of a sole proprietorship shows what your business owns, what it owes, and what belongs to you as the owner. It shows
You no longer need to rely on a local accountant to manage your finances. Today, many small business owners work with a virtual accountant to
