Accounting, Bookkeeping, & Tax Blog

It's critically important to understand accounts receivable, an essential aspect of your business's finances and payment terms. Accounts receivable are leg [...]

Accumulated depreciation often appears as a single credit amount, but it carries outsized influence over financing, taxes, and reinvestment plans. Business [...]

Recording your business’s revenue and expenses may seem like a straightforward task. When your business sells a product or service, you record revenue. Whe [...]

When forming your Texas LLC, your budget should account for ongoing franchise tax filings and optional, but often critical, services like a Texas registere [...]

Understanding the actual costs involved from initial formation to ongoing annual expenses helps entrepreneurs build an effective budget, avoid financial pi [...]

Each type of corporation has unique benefits, and the S corp vs. C corp decision you'll make will have complex tax implications. We’ll help you understand [...]

A clear view of net income enables a business to transition from simply operating to strategically thriving. In this net income guide, we explore what net [...]

Owner’s equity is the difference between what your business owns and what it owes. It is also a snapshot of your company’s net worth and a powerful tool fo [...]

Whether you're considering establishing your business in the state of California, have just launched, or are celebrating your first year in business, it's [...]