SlickPie and Wave offer something that most accounting software does not—a feature-packed product for free that has the ability to handle all of the bookkeeping basics. Both of these options are great for freelancers, sole proprietors, and businesses with a few employees. Wave is more widely used, but SlickPie might be better if you invoice…
QuickBooks Pro vs Premier vs Enterprise vs Accountant
QuickBooks enjoys more than 80% of the small business market, with 29 million small businesses in the United States alone. There are four QuickBooks Desktop products: QuickBooks Pro, QuickBooks Premier, QuickBooks Enterprise and QuickBooks Accountant. In this guide, we take a deep dive into cost, features and support options, including who each product is right…
Quicken vs QuickBooks Online: Price, Features & What’s Best in 2018
As a business owner, deciding which accounting software to use for your business can be a bit overwhelming. There are a number of good products on the market, including Quicken and QuickBooks. In this article, we compare pricing and features of Quicken vs. QuickBooks so that you can decide which is best for you. When…
Zoho Books vs QuickBooks Online: Price, Features & What’s Best in 2018
One of the most important decisions you will make is which accounting software to use for your small business. The good news is that you’ve got it narrowed down to two; Zoho Books vs. QuickBooks. In this guide, we give you the lowdown on how Zoho Books matches up to QuickBooks and what’s the best….
W-2 vs W-4: What’s the Difference & When to Use Them
A W-4 is an IRS form that an employer uses to gather tax withholding information for an employee. A W-2 is a year-end tax document that’s required by the IRS and used to report an employee’s annual income and taxes. We’ll compare both in detail and walk you through when and how to use each…
W9 vs 1099: IRS Forms, Differences & When to Use Them
A W9 (W-9) is an Internal Revenue Service (IRS) form that’s used to gather information about a contractor, so that their earnings can be reported at year-end. Conversely, a 1099 (1099-MISC) is the document that’s issued at year-end to show how much income the contractor earned. Disclaimer: Tax laws change frequently. For the most up…
25 Small Business Tax Preparation Mistakes to Avoid From the Pros
As a small business owner, it’s important to understand the small business tax preparation process to avoid making mistakes that may trigger overpaying taxes, incurring penalties, and causing errors. To help, we asked the experts to share the most common small business tax preparation mistakes that you should avoid as a small business owner. Here…
FreshBooks vs. Xero: Price, Features & Who’s Best in 2018
As a business owner, deciding which accounting software to use for your business can be a huge undertaking. Two of the more popular options are FreshBooks and Xero. In this article, we compare pricing and features of FreshBooks vs. Xero to help you decide which software will meet the needs of your business. When to…
How to Do Payroll Accounting: A Step-by-Step Guide
Payroll accounting is the act of recording employee compensation, keeping track of money withheld from employees’ paychecks and calculating the employee and employer share of taxes and benefits. You can accomplish this in 5 easy steps: prepare to hire employees, gather key employee documents, calculate & record paychecks and file & pay taxes on time….
Small Business Bookkeeping, Accounting, & Tax Guide [+ Free Checklist]
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Bookkeeping and accounting is the act of tracking and analyzing the financial activity for your business, including purchases, sales to customers and supplier payments. Many business owners outsource their bookkeeping and accounting while others do it in house. Regardless, it’s important to properly set up and understand your small business bookkeeping, accounting, and taxes. Regardless…
FreshBooks vs. QuickBooks: Cost, Features & More
With hundreds of accounting software solutions on the market, deciding which software to use for your business can be a bit overwhelming. In this article, we compare pricing and features of two accounting software products that are used by millions of small businesses all over the world, FreshBooks vs QuickBooks. FreshBooks vs QuickBooks: What’s The Best?…
Top 15 Accounting Networking Tips from the Pros
Networking events can be extremely beneficial to both individual careers and businesses as well. CPA networking in particular can help create professional connections that can boost business prospects even for non-accounting firms. If you’re a CPA with a small firm, or looking to connect with one, check out this list of expert insights on how…
