When it comes to taxes, LLCs are shapeshifters. Learn the right way to pay yourself, depending on your business structure.
How much are you spending and how much are you keeping? Profit and loss statements are the key to finding out.
A financial forecast tries to predict what your business will look like (financially) in the future—which is key for uncertain, economic times.
When you know how to read your financial statements, you can find ways to increase your profit, and catch problems before they grow.
Looking for an accounting solution? Here are the most popular options—including one you should definitely avoid.
As an essential ingredient in financial forecasting, pro forma statements let you try on the future for size—and see which business moves are the right fit for you.
Selling products on Amazon? Here’s everything you need to know about Amazon fees to help you make money-saving moves (and avoid any nasty surprises in the future).
If you're a freelancer, this guide will help you get sorted out for tax season, so you can get back to billing clients.
There are two ways to deduct business mileage from your taxes. Which should you choose? The one that pays the most, of course.
Form 1040-ES is essential for filing quarterly estimated taxes—and, luckily, it’s pretty straightforward.
If you’re depreciating assets on your tax return, you need to file Form 4562—here’s how you take care of it.
With working from home being more normal, it's time to take advantage of the potential tax savings it grants you.
Here's what you need to know about the differences between Form W9 and Form 1099 so you can stay on top of your tax responsibilities.
A top-notch business website can improve your brand. Plus, you can deduct some web development costs on your tax return.
While you can’t escape tax season, you *can* make it less painful by claiming all of the deductions you’re eligible for as an ecommerce entrepreneur.
Trump's 2018 tax plan affects every small business in the U.S. There are big tax breaks C corporations, a 20% deduction for most service businesses, and a few changes to what expenses you can deduct.
Flexible taxes, liability protection—what’s not to love? Discover whether a single member LLC is the right structure for your business.
It's normal to be afraid of the IRS. But when you know what all the penalties are, and how to avoid them, the IRS will seem less scary.
A simple guide to depreciating assets with the double declining balance method.
The work clothing tax deduction is commonly scrutinized, but that doesn't mean you shouldn't claim it on your tax return.
Once your filing is out of the way, you only face one more tax hurdle: Paying the IRS. Learn about the easiest way to get it done.
Learn how depreciation works, and leverage it to increase your small business tax savings—especially when you need them the most.
How to calculate, file, and pay unemployment tax for each of your employees.
Shopping for a tax solution for your business is like shopping for underwear: You want to find a comfortable fit. Here’s our breakdown of the most popular options—the good and the bad.
You need a tax ID number to file taxes for you business. We answer all the questions you might have about that.
Tax season is stress-free when you get Bench to do your books. Here's what that looks like.
Get a free excel bookkeeping template for small business owners, plus a quick and painless guide to doing your own bookkeeping.
How does up-to-date bookkeeping benefit your business? We thought you'd never ask.
One of Bench's partners, tax professional Adam Short, shares why bookkeeping is so important to the tax resolution process.
Adjusting entries keep everything in balance, making sure your expenses and revenue are accurate and up to date.
What’s the difference between Bench, and a traditional bookkeeper? We thought you’d never ask.
Bench is bookkeeping done for you. QuickBooks is...not. Here's a full breakdown of the differences between Bench and DIY software.
If your small business receipts are piling up, an expense tracker will help you stay organized and on top of your expenses. We have a few helpful suggestions.
Bank reconciliations might be boring, but they'll save your sanity at tax time.
Expense, debit, credit, or asset? Let's cover one of the most fundamental principles of small business bookkeeping: how to categorize business transactions.
We’ve compiled the best small business loans of 2022 in eight categories, so you can find the one that fits for your business.
Sorta fun fact: the APR on a loan isn’t the same as a percentage rate. Here’s how to understand the difference, so you can pick the most affordable loan for your business (and avoid paying more than you expect).
A loan can usher in a growth spurt for your business—but it takes some planning to qualify for one.
A financial detox is like a juice cleanse for your business. Only, instead of giving you low blood sugar and a craving for pizza, it gives you a more organized, more successful business.
If you’re feeling inspired to start a dropshipping business, we've got you covered with our 13-step guide to setting up your business properly from day one.
Whether it’s passive income or a new career, an online business can give you what you’re looking for—so long as you start out on the right foot.
Half of all businesses fail before their fifth birthday. Here are the twelve steps you need to follow to start a business with longevity.
We’ve broken down the process of starting a business in California into nine simple steps. Here’s how to get started.
You’ve got lessons to teach, and other business owners want to learn. But starting a consulting takes planning if it’s going to succeed. Here are 12 steps you can start now.
A simple definition of a joint venture, how to form one, and how it's different from a partnership.
Texas is low on taxes and business regulations, but you still need to follow the rules if you plan on starting your own business in the Lone Star State.
The sole proprietorship business structure is relatively easy to set up. Just make sure you're aware of its pros and cons before you get started.
Don’t you love it when a plan comes together? Writing a business plan doesn’t just help you get a loan or bring on investors—it also helps you look into the future of your business so you can make smart decisions in the present.
The EIDL loan has now re-opened for all small businesses who have been financially affected by COVID-19. Here's how to apply.
If you get paid via invoices, and you struggle with cash flow, this one’s for you.
There are a ton of options when it comes to business insurance—here’s how to choose.
Here’s how FreshBooks and Bench saved Graham’s back office day-to-day—so he could focus on saving the planet.
We sat down to chat with Monika Rose about her journey as an entrepreneur and a partner with Bench.
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