Discover the essential elements of managing accounting & bookkeeping services for startups in 2024. Find solutions for small businesses.

Dentists: Need expert accounting? Our CPA firm specializes in your unique needs, offering tailored solutions for your growing practice.

Revolutionize auto dealership accounting with tailored software, optimizing efficiency and accuracy for robust financial management.

Maximize small biz potential with a deep dive into income statements, essential alongside balance sheets & cash flows. Tailored templates.

Download a free balance sheet Excel template to streamline your financial reporting.

Discover opportunities for small business growth with local grants available in Arizona. Learn about stability grants and how to apply.

Learn how to create a balance sheet in QuickBooks Online to gain valuable insights into your business's financial health.

Learn the fundamentals of small business bookkeeping financial management with our comprehensive guide to the bookkeeping basics.

Discover the key differences between trial balance vs balance sheet in accounting. Understand their roles and importance.

Discover the essential steps to preparing a successful restaurant profit and loss statement with this comprehensive income statement guide.

Explore a classified balance sheet example to understand how it reports assets, liabilities, and equity.

Discover the tax benefits of marriage and the advantages it brings for married couples.

Learn how to maximize your dividend returns with tax strategies for Real Estate Investment Trusts (REITs).

Learn how to maximize your tax savings with the Section 199A deduction and understand the ins and outs of Qualified Business Income.

Learn about the key differences between an invoice and a receipt, including their purposes, use in transactions, and proof of payment.

Learn how to maximize your tax benefits with education tax credits and deductions.

Learn how to settle your IRS tax debt for less with Offer in Compromise and forgiveness programs.

Learn about partnership taxation and Form 1065 for small businesses. Understand your tax obligations and how to file for partnership income.

Learn how to deduct health insurance premiums as a medical expense. Find out if your insurance premiums may be tax-deductible.

Get ready for the 2024 tax season! The IRS has announced the start date for filing tax returns and the deadline for tax refunds.

Discover the limits and rates for estate and gift taxes in 2024. Learn about what gifts are taxable, who pays the gift tax, and more.

Simplify your small business 1099 prep and filing with our secure and cost-effective service.

Learn about the taxable implications of short-term disability benefits and how disability insurance can impact your tax situation.

Learn about tax shelters, legal examples, and considerations for reducing tax liabilities in this comprehensive guide for taxpayers.

Discover the importance of calculating cost of goods sold (COGS) for your business. Learn how to determine this vital financial metric.

Learn about the taxable nature of disability benefits, including disability income and disability insurance.

Learn how to report income by entering IRS Form 1099 Composite in your tax return.

Learn how to check the status of your District of Columbia tax refund with the Office of Tax and Revenue.

Learn about New York State income tax rates and how to estimate your taxes in NYC. Understand your tax responsibilities and residency rules.

Learn the best practices for managing remote employees and teams. Discover how to lead and work with your remote team effectively.

Track your Wisconsin state tax refund and find out the status of your refund with our helpful guide.

Learn about the balance sheet, equity, and financial statement definition, elements, and examples.

Learn all about the different types of IRS 1099 forms, how to file them, and the crucial information needed for reporting your taxes.

Learn how to calculate and understand adjusted gross income (AGI) for tax purposes.

Learn about capital gains tax rates, use our calculator to calculate your tax, and understand the impact of real estate sales on your taxes.

Learn how to navigate IRS Form 1099-DIV and understand dividends, distributions, and capital gains for your taxes.

Learn how to prevent tax-related identity theft and what to do if you're a victim of identity theft using IRS Form 14039.

Get the latest updates and instructions on filing Form 1095 C for employer-provided health insurance offer and coverage.

Learn about the current ratio, a liquidity ratio that measures a company’s ability to cover short-term obligations with current assets.

Discover the meaning and significance of the Federal Employer Identification Number (FEIN) and learn if you need to apply for one.

Discover how to properly file IRS Form 720 for quarterly federal excise tax returns, including important deadlines and instructions.

Learn how to maximize your Health Savings Account benefits by understanding IRS Form 8889 and HSA tax forms. Find tips with this blog.

Learn how to maximize your retirement savings contributions by understanding IRS Form 8880 and the Savers Credit.

Whether you want to freelance permanently, or just pick up jobs on the side, contract accounting can be your solution to earning more.

Discover the essential guide to understanding debit and credit in the world of accounting. Learn the basics with this blog.

Learn how to maximize your tax benefits by understanding the different filing statuses between filing jointly or separate when married.

Learn the advantages and disadvantages of cash vs accrual accounting for small businesses. Understand when to use which one.

Learn about the 2023 IRS Form W-2, including employer instructions for the 2023 tax year, tax deadline changes, penalties, and more.

Discover the importance of year-over-year (YOY) metrics and calculations for analyzing financial performance and detecting growth trends.

Get all the information you need to file Form 1041: Income Tax Return for Estates and Trusts.

Learn about IRS Form 5498, IRA contribution information, and tax tips for your individual retirement account.

Learn how to avoid Form 2210 penalty for underpayment of estimated tax. IRS Form 2210 applies to individuals, estates, and trusts.

Do you need to request a missing tax refund check or direct deposit? Learn how to use IRS Form 3911 to address the issue.

Get instructions on filing IRS Form 8832 for entity classification election and choosing the right federal tax status.

Discover top tax planning strategies for maximizing your 2023 tax deductions and reducing your tax liability with this comprehensive guide.

Learn how to analyze SG&A and control general and administrative expenses, also known as overhead costs.

U.S. persons whose finances extend overseas may face a tax situation that few other country’s nationals do. Learn more with this blog.

Increase your cash flow with cost segregation. Learn about cost segregation services for real estate owners.

Understand how to check the status of your New York State tax refund status online now.

Learn how to check the status of your Ohio state tax refund.

Learn how to track your Indiana tax refund status and get your refund faster.

Know how to check the status of your Iowa state tax refund with the Iowa Department of Revenue.

Track the status of your Michigan state tax refund and find detailed information on how to check your income tax return and tax refund.

Track the status of your Georgia tax refund with the Department of Revenue.

Understand how capital loss carryover affects your taxes and capital gains and losses.

Learn how to properly report your restricted stock units (RSUs) on your tax return and navigate the complexities of RSU stock option taxes.

Learn how to track the status of your Massachusetts state tax refund and more.

Find out how to check the status of your California state tax refund and get the most out of your IRS refund

Learn about the tax implications of GoFundMe donations and whether they are tax deductible. Understand the rules for crowdfunding

Adding value to your firm's services is essential for sustained growth. Oftentimes, clients can benefit from the help of a CFO.

Bookkeeping is one of the most important tasks for running a business. Having the right bookkeeping solution for your needs can help.

Understand the difference between 1099 vs W-2 employee forms for contractors and employees. Learn whether to use 1099 or W2 and how to...

Learn about the differences between IRS Tax Form 1099-NEC and Form 1099-MISC. Understand how they apply to independent contractors.

Discover everything you need to know about Tax Form 1099-B, barter exchange transactions, and selling stock and securities...

Enhance your business with Taxfyle's bookkeeping services using QuickBooks Online. Save time and have year-round confidence with a virtual b

Discover all you need to know about being a 1099 employee or independent contractor. Learn the differences, rules, and how to hire the right

Discover how hiring your kids can maximize your tax savings. Learn the benefits and rules from the IRS for tax deductions and employment tax

Maximize your meal and entertainment deductions in 2023 with our guide. Learn what expenses are tax deductible and stay up to date with...

Learn how to navigate the changes to the 2024 IRS Form W-4 and effectively fill out the form for 2024 and beyond.

Ledger balance is a bookkeeping term that reflects the amount of money in your business's bank account. Learn more in this article.

Discover the 2024 list of vehicles over 6000 lb that qualify for the Section 179 deduction. Maximize your small business benefits now!

Maximize your solo accounting practice: Embrace tech, find your niche, nurture clients, invest in learning, offer comprehensive services.

Becoming an IRS enrolled agent could advance your tax practitioner career. This blog details how to become an IRS enrolled agent.

Want to know how to make the most of your time, our blog can help.

Learn about the common tax breaks available to homeowners, including deductions for mortgage interest, and property taxes.

Finding the right tax professional can make a substantial difference when filing your taxes. But who do you choose? This blog can help you!

Look no further if you’re looking for tax tips regarding your gambling activity. This blog post has all the information you need!

More individuals will buy and sell assets when the crypto industry enters a bull market. This is where you can market your service!

Outsourcing your existing services to teams of accountants may be the ideal solution to solve your firm’s workflow problems.

Leaving your firm's comfort may seem daunting, but opening your practice may provide you with an experience that can’t be matched.

Not everyone has to file a tax return. It depends on your age, tax filing status, how much income you earn, and much more.

As tax season approaches, it's important to make sure you're filing on time.

Learn about the financing of Social Security taxes and benefits, including how it is taxable and its impact on self-employment income.

What, exactly, is cloud based accounting software, and do you really need it for your business?

If you're thinking of starting an accounting firm, the most important quality is being a skilled businessperson.

Payroll taxes are essentially federal taxes that the government requires employers and employees to pay in order to fund...

Identifying and assessing potential leaders can help ensure the success of your company.

Form 1099, in general, is an IRS tax form used as an informative document to report income other than wages, salaries, and tips.

Maximizing profitability requires total operational efficiency. During the busy tax season, it’s easy to get bogged down handling lots of...

We have put together a list of seven simple steps that will help you onboard new accounting clients and scale up your business this year.