Are Tax Preparation Fees Deductible?

Many people have questions about the best way to prepare their taxes every year when April rolls around. You may also handle taxes on your own. For expert help and convenience, you may turn to a tax professional when preparing your tax returns. You may ask: are tax preparation fees deductible? Generally, tax prep fees […]

Profit & Loss Statement: A Guide for Small Businesses

Tracking your financial progress is crucial to know how your small business is doing. Profit and loss statements for small businesses make it easy to keep track of your profit, expenses, and bottom line so you can balance your budget and grow your business. Keep reading to find out everything you need to know about […]

How To Make Financial Projections: A Guide for Small Businesses

Many small business owners find that creating and understanding financial statements and financial projections are daunting tasks, despite their importance. Creating financial projections is incredibly challenging if you don’t know the process for making them. Though you can use software to develop vital business documents and monitor your net income and gross margin, they won’t […]