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16 Top Small Business Tax Deductions
Explore top small business tax deductions that could save your business money. Discover which deductions to explore for this next tax year.
A Complete Payroll Calendar for 2025
Needing to understand the payroll calendar for 2025? This complete guide has 2025 payroll calendar examples for every type (bi-weekly, semi-monthly, and monthly).
Direct vs. Indirect Labor: How to Calculate Different Labor Type Costs and More
Learn about the differences between direct vs. indirect employees including how to define them, calculating the costs of each type, hiring them and more.
Business Accountant Costs - Reviewed by Ashlee Malet, MBA
In this article, Ashlee Malet, MBA, reviews how much accountants cost your business, the benefits of hiring an accountant and FAQs about this role.
When to Hire an Accountant vs CFO vs Controller
Understand the difference between an accountant, a CFO and an accounting controller to determine which individual you need to hire for your small business.
Key Competences in Finance and HR Business Partnering Models
Learn more about the key competencies of finance and HR business partnering models. These high-level concepts are major components that help businesses grow.
What Are the Generally Accepted Accounting Principles (GAAP)?
Understand how the generally accepted accounting principles (GAAP) affect business financial reporting standards. Get to know the 10 guiding principles.
Segregation of Duties Basics and Best Practices
Understand the importance of segregation of duties to your company's financial health and security. Duty segregation best practices and improvements to implement.
Prenotes: What Employers Need to Know
What is a prenote? Learn about the prenotification process and why it's important when you offer direct deposit as a payment option to your employees.
Payroll Conversion: Minutes to Decimals
Learn how to smoothly, efficiently convert minutes to decimals for payroll purposes so that you can avoid underpaying or overpaying employees by mistake.
Simple Profit-Loss Statements and Templates
Discover how profit and loss statements can help you gauge the performance of your business, and explore simple P and L statement templates for financial insights.
How to Calculate Profit Margin for Your Small Business
Learn how to calculate profit margin and measure the health and performance of your business. Here are three different profit margin formula examples.
Payroll Run Dates and Pay Days: The Difference
Learn the difference between payroll runs, pay periods and pay dates so that you can communicate effectively with employees when they have questions about their pay.
What Is a Section 125 plan?
Learn what a Section 125 plan is and how can it attract talent to your business. Discover how these plans can make health care more affordable for your employees.
On the Clock: Work Hours and Expectations for Remote Employees
Find out what defines "on the clock" when it pertains to employees working from home, and learn about employee monitoring options to help keep track of remote workers.
7 Types of Payroll Reports for Employers
Learn what a payroll report is, as well as the different types of federal and local reports you’re obligated to file as an employer and when and how to file.
What Is a W-3?
Learn what is a W-3 and why you need to file it if you have employees. These forms are important for your business accounting and this guide explains why.
What Is the Peter Principle? (And How Can Your Business Avoid It?)
The Peter Principle states that employees rise to their level of incompetence through promotions based on past performance, leading to inefficiencies.
Retro Pay Explained: When and How to Correct Employee Wage Errors
Learn what retro pay is and how to calculate and pay it.
What Is a Pay Stub? An Explanation for Employers
Learn why it's important for businesses to provide a pay stub to employees and why details such as pay rate, hours worked and deductions should be included.
Paid in Arrears vs. Paid in Advance (With 4 Examples)
Discover what "paid in arrears" and "paid in advance" mean, and learn the pros and cons of each payroll method.
What is State Unemployment Insurance?
Learn the basics of state unemployment insurance and factors affecting your tax rate.
Tipped Employees: From Hiring to Managing to Payroll
Learn more about tipped employees in the U.S. Explore who qualifies to work as a tipped employee, how tips are taxed and legal ways to treat employee tips.
Accrual vs Cash Accounting
Is cash or accrual accounting the right choice for your business? Learn more about these accounting methods to make an educated choice.
Comparing Small Business Checking Accounts
Find the best small business checking account for your business. Learn the pros and cons of each to help you make the right choice for you.
What Does Price Elasticity Mean for Small Businesses?
Find out what price elasticity means and how it helps businesses determine the optimal price for their products.
5 Free Payroll Software Tools for 2025
Find free payroll software so you can easily pay your employees without the additional cost of expensive software subscription fees.
13 Compensation Management Software Tools for 2025
Find compensation software solutions to help your organization manage and monitor all employee benefits and bonuses in one location.
Outsourcing Payroll: Pros and Cons for Businesses
The outsourcing of payroll has the potential to save your company substantial time and money. Learn about the benefits and disadvantages of outsourcing and how the process works.
Business Collection Letter Tips and Examples (With Downloadable Templates)
Get some tips for writing collection letters for your business, and download a template to use when collecting past-due balances.
Clocking In and Out: Best Practices for Your Business
Clocking in and clocking out are necessary tasks in for some employees. Learn about all the different time tracking options available to you and best practices for tracking time.
What Is the Cost of Hiring New Employees?
The cost of hiring a new employee can vary from company to company, but it's often higher than people expect. Learn about the common costs of hiring a new employee.
Veteran-Owned Business? Benefits and How to Get Certified
Learn what a veteran-owned business is, the benefits of getting certified and how your business can potentially qualify.
What Does a CPA Do? Key Roles and Duties
Certified Public Accountants, or CPAs, perform a number of high-level accounting tasks for many organizations. Learn about their key job responsibilities.
Certifications for Bookkeepers: A Guide for Managers
Bookkeepers can hold a number of certifications in their field. Some are more reputable than others. Review the most prestigious bookkeeping certifications so you hire the right one for your business.
Business Expense Categories: A Guide for Managers
Discover what exactly business expenses are, the requirements for a tax-deductible expense and some examples of the most popular expenses in business.
A Guide to Accounting Software for Your Small Business
Learn why it's important for a small business to use accounting software, view features to look for and explore possible options to consider.
Budgeting in Business: Best Practices and Examples
Learn about best practices for creating and maintaining a business budget.
Understanding Fixed vs. Variable Expenses
Distinguishing between fixed expenses and variable expenses is important for calculating business revenue, budgeting and deducting costs on your taxes.
Donations for Tax Deductions: A Guide for Businesses
Learn everything you need to know about tax deductions for donations to make smart financial decisions for your business, including how to claim exemptions and how to choose a charity.
Payroll Software: Key Considerations Before You Pick
Learn the benefits of using payroll software for your business, discover which features to look for and review the top payroll software for small businesses.
What Is the Work Opportunity Tax Credit (WOTC)?
Learn about what the Work Opportunity Tax Credit is, the types of workers who are eligible and ineligible for this credit and tips to keep in mind when calculating these tax credits.
How to Start a Business in 10 Essential Steps
There are key steps to starting a business that is successful and remains viable.
What Is a Fiscal Year in Business? An Intro
Learn what a business' fiscal year is, why it's important, the difference between fiscal, tax and calendar years and how to choose your fiscal year.
What Is Opportunity Cost?: Understanding Missed Value
Learn what opportunity cost is, why it's important for small businesses and the difference between implicit and explicit opportunity cost.
How to Get a DUNS Number for Your Business
Learn about why a DUNS number is important to your business, plus steps on how to register.
What's the Definition of Liquidity Ratios?
Liquidity ratios help businesses understand their financial health. Learn about common liquidity ratios and why it's important to calculate them.
What Is a Business Invoice? A Complete Guide
Learn about the importance of invoices for businesses and discover the appropriate methods for issuing invoices.
How to Read Financial Statements: A Manager’s Guide
Learn how to read and interpret basic financial statements at your company.
Small Business Accounting: Best Practices
Learn about best practices for accounting at your small business.
Balance Sheets: An Intro for Business Owners (With Examples)
Balance sheets can provide a layout for you to organize your companies finances and make adjustments to pay off liabilities or make use of assets.
Implications of the IRS Mileage Rate: What Employers Need to Know
Learn more about the 2023 mileage rates and use this tips to help you reimburse your employees.
How to Determine Pricing for Your Business
Learn what pricing is in business, common types of pricing strategies and price vs. cost.
What a Lien? A Definition for Your Small Business
Learn about how liens work in business.
What Is the Accounting Equation? Equity, Assets and Liabilities
An essential component of owning a business is monitoring your financials. Here is a comprehensive guide to the accounting formula.
How to Do Payroll: A Guide to Running Payroll in the Midst of COVID-19
This guest post comes from Paychex, a provider of human capital management solutions for payroll, HR, retirement and insurance services.
Best Banking Options for Your Small Business
Learn about the best banking options for your small business.
Prorating and Prorations: An Overview for Business Operators
If your business is acquiring a firm or shareholding partner, use this guide to understand the basics of proration and how prorating works.
Defining and Understanding Total Cost of Ownership (TCO)
Learn about total cost of ownership including how it is calculated, how it can impact purchase decisions, how it can be used as a marketing tool and how to reduce it.
Budget Management: Three Skills Essential for New Managers
Learn the basics of budget management and frequently asked questions about it.
Building a Compensation Strategy for Your Business
Building a compensation strategy takes time and research to attract talent and remain competitive. Learn why you need a compensation strategy and how to build one.
Changing Your Accounting Method? A Guide to IRS Form 3115
Small and large businesses alike file changes in their accounting methods with IRS Form 3115. Discover how to fill out this form along with a list of best practices.
Estimating the Costs of Employee Turnover
Learn the estimated costs of employee turnover and how you can reduce it.
What Are ER Taxes?
Learn about the taxes you need to pay as an employer and additional practices related to payroll procedures.
What Is Gross Revenue? A Definitive Guide for Employers
Gross revenue is a financial metric used to determine the financial health of a company. It is also used to calculate other metrics such as net revenue.
Accounting Skills - Edited by Ashlee Malet, MBA
An MBA reviews key accounting skills to look for when hiring, the different types of accountants and the main responsibilities of the role.
What Is the Bottom Line in Business? A Guide for Managers
Learn about the bottom line, ways to increase a bottom line and some answers to frequently asked questions.
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