How to Stay on Top of Your Small Business Bookkeeping
Avoid the disastrous consequences of keeping poor financial records — learn how to improve your small business bookkeeping.
In an effort to help with your finances, we’ve compiled a list to help you find the best business checking account for your LLC needs. We focused on nationally-recognized banks that will hopefully give you more opportunities to consider than niche institutions only found in a handful of states.
You don’t NEED everything right away in order to start showing profits. In fact, if you can start your business lean, you’ll be better off in the long run. Businesses make their biggest financial mistake when they start spending money they don’t have.
After you’ve formed a corporation, you need to understand how your business will be taxed. This will be different depending on what entity you formed.
Let’s take a look at how the new tax law impacts disregarded entity LLCs, as well as some other reasons business owners benefit from this type of organizational structure.