Accounting/bookkeeping

Freelancer tax tips

5 steps to help you prepare your freelance taxes for the first time

Filing your freelance taxes for the first time? Follow these steps to get yourself prepped and ready for your first filing.

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Upgrading your skills: How business owners can keep their expertise sharp

Whether that’s taking a digital marketing workshop, an online course on Facebook ads, or a coding bootcamp, you have a multitude of ways to add to your list of skills that help you run your business better.

woman handling paperwork

Should you hire a bookkeeper or do it yourself?

Spending time yourself or spending money on an expert—see which makes most sense for your business with these points to consider.

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Learning from five common bookkeeping mistakes

Small business owners wear many hats and bookkeeper is one of the most important. See where others have gone wrong and what you can do to stay on top of this important task.

small business tax season

The complete guide to small business tax season

Take the fear and stress out of tax season with this comprehensive guide to confidently managing your books, audit-proofing your business, and getting your taxes done right.

photograph of a woman writing in a notebook

What is cash flow? A guide to keeping money moving in your business

Having a healthy cash flow is one of the most important factors affecting the long-term sustainability of any small business. This article explains cash flow in a simple way with strategies to managing it successfully.

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Ebbing and flowing: Five ways to manage small business finances

If you want to keep your business running, you’re going to need to learn how to navigate the financial volatility of entrepreneurship. We spoke with four small business owners and asked them how they learned to manage their finances: here are five of their tips.

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Five tips to get your books under control fast

Our latest update to Wave’s accounting features makes it even easier to build proper bookkeeping into your routine. Lower your stress, build your confidence, and set yourself up for tax time with these five tips.

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Five ways to be smart with your money while starting a business

When starting a new business, money can be one of the biggest concerns or determining factors for success. Here are five of the best ways to use the capital you have, to help you be smarter with your money when starting a business.

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Empower yourself with our Fearless Accounting Guide

Accounting doesn’t have to be scary. What if it could actually give you power over your business growth? Our Fearless Accounting guide has 100+ pages of easy-to-follow tips and lessons to help you run your business with confidence.

Understanding balance sheets

Understanding balance sheets

A balance sheet is a financial statement that gives you a snapshot of your business’ financial health. Learn how to read and interpret balance sheets so you can better understand your cash flow.

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Should I hire an accountant for my small business?

Deciding whether or not to hire an accountant can be a tough decision. The reality is that accountants offer valuable insights that can help you succeed. See how an accountant’s viewpoints can add value to your small business, no matter what stage of growth you’re in.

Wooden blocks spelling out

How much tax will you pay on your pass-through income?

The rules applying to pass-through income are getting a radical overhaul with the new US tax bill. It affects all entrepreneurs from sole proprietors to S corporations—make sure you’re familiar with how these changes affect you.

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New rules for writing off equipment, vehicles, and more

Need help understanding how the new US tax bill is going to affect your business’s bottom line? Tax expert Barbara Weltman provides a detailed breakdown of vehicle expenses, bonus depreciation, and other cost recovery changes.

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Year end resolution: Stop neglecting your cash flow

Running out of cash is the second most common reason small businesses fail. Learn how to understand cash flow and manage it right with tips from a CPA.