Danielle Bauter

QuickBooks Self-Employed is a cloud-based accounting software specially designed for self-employed individuals, such as freelancers, real estate agents, rideshare drivers, and independent consultants. It lets you monitor income and expenses, track mileage to and from clients, and file your taxes with its QuickBooks Self-Employed Tax Bundle. It offers three pricing plans that range from $20…

FreshBooks and Zoho Books are both popular cloud-based accounting software solutions that have some differences in terms of features, target audience, and pricing. If you need affordable access for only one or two users, then FreshBooks may be a good fit for you. If you have multiple users and want the ability to integrate with…

Block Advisors, a branch of H&R Block, provides tax, bookkeeping, and payroll support to small businesses. For its tax services, you have the option of working one-on-one with a tax professional or handling almost everything yourself, with assistance available via phone, live chat, or video conference. Block Advisors’ professionals are certified small business tax experts…

In the battle between TaxAct vs TurboTax, we found that TaxAct is generally less expensive and ideal for small businesses wanting to file taxes online. TurboTax, on the other hand, is optimal for those needing full-service tax preparation and filing for their business. Our comparison guide will explore their features, pricing structures, ease of use,…

Managing your trucking company’s books is one of the most essential activities that can be used to leverage its success. To assist you, we compiled 12 trucking bookkeeping tips and best practices, from understanding your business entity type and using a business credit card to reducing your day sales outstanding and selecting the right accounting…

Small business tax returns are complicated, and it’s usually worth it to hire a professional to prepare your partnership, corporation, or individual business return. However, you don’t have to spend a fortune on a local certified public accountant (CPA). This guide provides a list of online tax professionals who will prepare your small business tax…

A balance sheet displays a company’s assets, liabilities, and owner’s equity at any given point in time. It provides a snapshot of what a company owns and owes as of the balance sheet date and the amount invested by its owners, so note that the owner’s equity isn’t equal to the company’s fair market value….

Assets are resources that you own, control, and expect to provide a future economic benefit. For example, cash is an asset because it can be used to pay for future expenses. Other common assets are equipment, buildings, and investments. Assets are classified based on three criteria: Current vs noncurrent: An asset can be classified based…

An expense is a cost incurred by a business in its operations to produce revenues. Expenses in accounting can be either variable or fixed. A fixed expense doesn’t change with the level of usage or production, such as the rent paid for a building, whereas a variable expense changes with the production or the amount…