The IRS requires businesses of all sizes to make 941 payments according to a regular schedule. 941 payments are necessary for any business that has listed employees, including the owner, so that the various employment taxes can be accounted for without repercussions. Most 941 payments include income tax withholdings, social security, and Medicare/FICA. Businesses must […]
Is Your CPA Filing Your 941 Payments on the Right Schedule?
Financial Logistics for Small Business Owners
Congratulations on launching your own business! You probably have your sights set on making lots of sales and growing your operations. But before you turn on the “open for business” sign, you need to make sure your financial logistics are in order. Accounting This is an integral part of any business, and the one that […]
Building Healthy Working Capital Reserves for Your Business
Working capital is at the heart of every business. Whether it’s used to maintain operations and make payroll, or for growth projects, healthy working capital reserves are essential for long-term success. However, for many small businesses, building healthy working capital reserves can be a major challenge, especially in times of uncertainty. Expect the Unexpected with […]
3 Things to Avoid When Requesting Business Financing
From traditional loans to alternative funding, there are more types of business financing programs available today than there were but a decade ago. But no matter which type of business financing you are considering, there are some “fine print” items and terms you should look out for, because they can end up placing a strain […]
Understand Accounts Payable, Accounts Receivable, and Liabilities
In order to run a successful business, a lot has to happen on the back end. Accounting, which is usually performed by the business owner in the beginning, is the place where revenue and expenses meet, and hopefully result in a positive number. While business accounting can become very complex, do-it-yourself business owners can make […]




