by Shauna Conway | May 24, 2023 | eCommerce
There are many benefits to using Square to process your business transactions – fast payments, integrated apps, and inventory management. But one of the best features of Square is the ability to calculate and include sales tax on your transactions. ...
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by Miguel Alex Centeno | May 5, 2023 | Business and Finance
Before 2023, sellers listing items on Amazon would only receive a 1099-K once their sales reached $20,000 or 200 transactions. Because of the size of this figure, very few small sellers received 1099-Ks from the platform. Starting in 2023, the IRS lowered the...
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by Ashton Chanana | Apr 28, 2023 | Business and Finance
The software sector has many exciting prospects for investors. However, what’s the best way to determine if a company is a good investment? The Rule of 40 is one of the most widely used metrics for evaluating software companies. However, the Rule’s...
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by Miguel Alex Centeno | Apr 21, 2023 | Business and Finance, IRS
S-corporations are a popular business structure for small businesses. They provided many benefits to their owners, including pass-through taxation and liability protection. Though S-corp owners have benefited from the low rate of audits in recent years, the IRS is...
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by Miguel Alex Centeno | Mar 29, 2023 | Business and Finance
Do you enjoy hunting for treasures and listing them on eBay. How about sometimes making money from it? Or do you sell some of your crafts on Etsy to pay for your supplies? But are these activities hobbies or businesses? Understanding the difference between a...
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by Chris Dios | Mar 22, 2023 | Business and Finance
If you’re a mobile software development kit (SDK) developer, you know that building a successful app requires more than just technical expertise. It would help if you also navigated the mobile SDK tax and its legal and financial aspects. As a mobile SDK...
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by Ashton Chanana | Mar 17, 2023 | Accounting
Small and medium-sized businesses often face a variety of financial challenges, especially when it comes to managing accounting and finance functions. This is where a fractional CFO can come in handy. A fractional CFO provides part-time financial management services...
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by Miguel Alex Centeno | Mar 7, 2023 | Accounting, Business and Finance
The Controller and Chief Financial Officer (CFO) are two important positions in managing a business’s financial affairs. Although both positions contribute significantly to a company’s financial success, their responsibilities and decision-making...
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by Chris Dios | Mar 1, 2023 | Business and Finance
Starting a new business is an exciting and challenging process, but you should never overlook the small details. Entity selection is a crucial part of proper business planning, especially for startups. The entity type you choose will affect your business’s tax,...
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by Chris Dios | Feb 22, 2023 | Business Tax
Section 179D of the Internal Revenue Code is a tax incentive program designed to encourage energy efficiency in commercial buildings. The Energy Policy Act of 2005 originally created the program, but the government extended the program several times since it’s...
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