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.
Details on the $25 tax deduction limit for business gifts per person or couple, and how to apply it.
How to deduct a computer bought last year if your business started this year, understanding IRS rules.
Explaining why the profit number in your accounting software may differ from your bank account balance.
Tips on how to accurately track mileage for tax deductions, including methods and IRS requirements.
Guidance on issuing 1099s for contractors paid via PayPal and understanding IRS reporting obligations.
How LLC owners should record personal paychecks for tax and accounting purposes, including salary vs. draw.
Tax filing tips for last-minute filers, including extensions, deductions, and avoiding common mistakes.
Maximizing business travel deductions, including what expenses qualify and tips for record-keeping.
Strategies for organizing business receipts and paperwork to streamline tax preparation and ensure accuracy.
Essential tasks for new business owners, including legal, financial, and operational steps to set a solid foundation.