Non-deductible expenses are costs that cannot be subtracted from your income before it's assessed for tax. Understanding business tax deductions is crucial for the financial health and success of your small business.
If you're running a business in Delaware, here's what you need to know about the tax laws.
If you're running a business in Wyoming, here's what you need to know about the tax laws.
At Bench, we understand the complexities of starting and running a business and that blending personal and business finances is sometimes inevitable even if it’s not in line with your business structure. Our seamless solution caters to your unique needs, providing the tools to still maintain proper and compliant books. Whether you operate as a sole proprietorship, partnership, LLC, or corporation, Bench has you covered.
If the month-end close process feels like a mountain of tedious admin, you're not alone. Our closing checklist can help you scale the summit with ease.
One of the most common decisions our clients make is choosing between Bench or their CPA’s in-house bookkeeping services. To help you determine the best option for your business, we’ve rounded up the ins and outs of both here.
Can you really afford a bookkeeper? The answer is probably yes. We look at the true cost of doing your own books, and why it usually makes sense to have someone else do it for you.
Your clients need help with bookkeeping and you’re wondering if Bench is the right fit? We’ve compiled some common questions and info here for tax professionals working with Bench.
If you're a CPA or tax professional, learn more about how you can empower your clients to bring complete bookkeeping for tax filing with Bench.
Discover the latest initiatives from the Small Business Administration, offering additional support to PPP and COVID EIDL borrowers.
MWBE certification is a powerful tool for minority and women-owned businesses. It provides numerous benefits such as business development support, government contracts, and networking opportunities. The certification process, while extensive, is well worth it for the growth and success of your business. So, if your business meets the eligibility criteria, don’t hesitate to embark on the journey towards MWBE certification.
Switching to an S corporation can shield personal assets, offer tax savings, and attract investors, ideal for businesses facing higher risks and profits. This structure enables legal separation and efficient tax handling. Bench assists in navigating the transition, providing expert bookkeeping and tax services for various business structures.
Veterans are, by and large, an entrepreneurial group. Here are the top 8 grants, training programs, and funding resources for veterans looking to start or grow a business.
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