The small business owners’ simple guide to finances.
Feeling overwhelmed by your business’s finances? You’re not alone. The world of numbers, spreadsheets, and financial jargon can be intimidating, but it doesn’t have to be. We created the Know Your Worth course to give you the simple, clear guidance you need to take control of your business’s financial future.
We’ve made this course completely free because we believe every small business owner deserves a solid financial foundation. Our simple guide to finances will walk you through everything you need to know, in a way that’s easy to understand and even easier to apply.
Use the safe harbor rule to avoid IRS underpayment penalties, including eligibility criteria, calculation methods, and strategic tax planning.
Implement the backdoor Roth IRA strategy to maximize your retirement savings, understanding its benefits, limitations, and tax implications.
Determine if your rental income qualifies for the QBI deduction, including eligibility criteria, limitations, and strategic considerations for landlords.
Quick reference — 2025/2026 Form 1099-K thresholdForm 1099-K reporting threshold — currently $20,000 AND more than 200 transactions per third-party settlement organization (Venmo, PayPal, Etsy, Stripe, etc.).If you receive payments at or below either threshold from a single TPSO for goods or services, that platform isn't required to issue you a 1099-K. You still owe [...]
Getting a mortgage with unpaid taxes: navigating challenges, understanding lender considerations, and strategies to secure financing.
IRS debt forgiveness programs: eligibility, application processes, and how to negotiate tax debts effectively for financial relief.
Understanding CP261 notice for S-Corporation acceptance, its implications for your tax status, and next steps for newly elected S-corps.
How to report and pay taxes on unemployment benefits, understanding tax implications, and planning for potential liabilities.
Filing Form 1310 to claim a refund on behalf of a deceased taxpayer, including eligibility, required documentation, and procedural steps.
Learn how to manage fixed assets in QuickBooks Online to streamline accounting practices and ensure accuracy in financial reporting.
