Digital payment platforms have become a common substitute for cash transactions. Now, when you owe your roommate money for rent and or need to repay your friend for lunch, a simple Venmo or PayPal transaction can settle the debt instantly. But as these platforms have...
Expanding your small business through government contracts can be a lucrative endeavor, offering a stable income source backed by the reliability and financial capacity of the US government. However, breaking into the government contracting game can be challenging. If...
Managing your personal finances and tax returns may differ from your business’s needs. Bookkeeping and tax benefits require specialized attention. We’ve already discussed why you should have professional accounting services for your government contracting...
Selecting a corporate structure is crucial when establishing your business. Understand how each structure impacts taxation, aiding in informed decisions. Corporations Most types of corporations, including C corps, are taxed similarly as separate tax-paying entities by...
Starting up your own business requires a lot more than just coming up with a product and service to sell. Establishing and building up your business involves a lot of small details that you have to take care of as a new business owner. One of those things you have to...
Every business has at least some basic accounting needs. If you have a professional income and spend money to keep your business running, it’s important that you’re properly maintaining your books and keeping up with all of your financial records. While some...
