Employee expense reimbursements are one of the areas where rumors prevail and the facts are confusing. So let’s start fresh and review the IRS rules about reimbursing employees. Why? The consequences of doing it wrong could be non-deductibility for your business or taxable income for your employees. And either one stinks.
If you own a small business, the rules of personal financial planning still apply, but you have a few more of them as well. There are more variables and risk involved than being employed. Learn these tips to help you achieve your personal financial goals.
The Balance Sheet is such an important indicator of your business health, but often gets ignored if it’s prepared at all. Learn how to read a Balance Sheet and why you need to have one for your business.
The ultimate quiz to determine if you are ready to start a business.
