If you’re in the right situation as a self-employed business owner then you could use both the SEP IRA and the solo 401(k) retirement plans.
Small Habits, Big Changes: Get in the Habit of Saving First
Pay yourself first is a great idea and for some, a concept for someday when all the financial stars align. Saving can be really difficult.
Tax Planning Checklist for 2022
This is a great time of the year for tax planning – because it’s PROACTIVE and well-timed. Make sure these tax-reducing ideas are on your radar for 2022.
Small Habits, Big Changes: How Small Habits Can Lead to Big Change
Having goals in life is smart. It gives us something to shoot for and increases our chances of success. However, aiming too high and biting off more than you can chew are sure ways to end up abandoning your objective like joining the gym on Jan 2nd thinking you’ll be working out five times a week, but, alas, by Jan 21st, you barely darken the door.
Review of GoDaddy Bookkeeping ®
There are a lot options available to an entrepreneur who is just starting out in business. One that may look attractive to a new startup with limited funds for accounting software is GoDaddy Bookkeeping. Every entrepreneur needs a program to know where the business stands financially. This review of GoDaddy Bookkeeping will help you…
#008: Navigating 1099s
There are more than 15 different 1099 forms. Learn about the most common types for online entrepreneurs.
Business Entity Startup and Setup
One question we are often asked is, “What type of business entity should I set up?” The answer is always, “It depends.” There are implications that have to do with the type of business entity you establish, whether you declare yourself to be a sole proprietor, an LLC, or S-Corp. Different levels of government also…
#007: Untangling Sales Tax
eCommerce businesses need to know how sales tax works. Here’s what you need to know about collecting and filing sales taxes for your business.
Business Insurance, What It Is and Why You Need It
If you have a home-based business or an online business it doesn’t mean you don’t need business insurance. The question is, are you covered?
#006: Protecting Your Online Business
Insurance and online accounting is a huge part of protecting your digitally based business. The Bottom Line provides tips and online accounting software to help each business owner succeed. Subscribe to our podcast today!