Posts by Amanda Hendren
How to Choose: S-Corp, C-Corp, or LLC?
Let’s discuss a crucial decision for business owners: how to choose between S-Corporations, C-Corporations, and Limited Liability Companies (LLCs). If you are starting a new business and you’ve been wondering which business structure is right for your new company, this episode is for you! YouTube: https://youtu.be/xuPaU4XOiWQ
Listen NowHow to Set Up Your Company’s Chart of Accounts
Whether you’re a small business owner, an aspiring entrepreneur, or just starting your own venture, understanding the ins and outs of a chart of accounts is essential for effective financial management. In a nutshell, a chart of accounts is a comprehensive list of all your financial transactions, organized into categories and subcategories. It’s the financial…
Read Full PostHow to Set Up Your Company’s Chart of Accounts
In this episode, we discuss the crucial aspects of setting up your company’s chart of accounts. We explore the fundamental principles and best practices that lay the foundation for an organized and efficient financial system. From categorizing income and expenses to creating meaningful account codes, this episode provides invaluable guidance for both newcomers and seasoned…
Listen NowCommon Tax Write-Offs for Solopreneurs
What exactly are tax write-offs, and why are they so vital? In simple terms, tax write-offs are the expenses that you can subtract from your total income, effectively lowering the portion of your earnings that is subject to taxation. So, if you’re a solopreneur with a small business, freelance gig, or entrepreneurial venture, these deductions…
Read Full PostCommon Tax Write-Offs for Solopreneurs
Today we’re diving into a subject that every solopreneur needs to know about – common tax write-offs. Whether you’re just starting your business or you’ve been self-employed for a while, understanding tax deductions is crucial for optimizing your finances. Today, we’ll explore the world of tax write-offs specifically tailored to all of you solopreneurs out…
Listen Now