Gross Profit Margin: Calculate Your Profit
Learn how to calculate gross profit margin & why it’s crucial for business success. Simple examples, formulas, and tips to track your true...
Discover the secrets to measuring KPIs effectively and driving your business growth with confidence. Plus, get your hands on a valuable cheat sheet featuring the most common KPIs used by successful businesses.
Don't sweat it! Explore our IRS library for everything you need to respond with confidence and ease.
Learn how to calculate gross profit margin & why it’s crucial for business success. Simple examples, formulas, and tips to track your true...
Understand how owner’s equity is calculated & how it varies by business structure. Learn ways to build equity via capital contributions & smart...
Learn how to file your Delaware Annual Report! Understand franchise tax methods, filing requirements, & how to avoid costly mistakes. Updated for...
Getting an IRS notice can be stressful—but not all of them mean you're in trouble. Learn the most common notices businesses receive & what each one...
Learn what tax liability means for your business, how it's calculated based on entity type, and key tips to minimize what you owe at tax time.
What's the difference between accounting & bookkeeping? Learn how each supports your business & why you need both to stay compliant, and ready to...
S-Corps are need to hold annual meetings to protect their tax status. Learn what to include in meetings, how to record minutes, & what happens if...
Learn the basics of business budgeting & why saving is crucial for growth. Explore budgeting types & tips to start building a strong financial...
Learn the top profitability metrics every B2B business should track to improve margins & scale smarter. Get insights on ARPC, net margin, and more.
Discover the top 5 profitability metrics every B2C business should track to improve financial performance and drive smarter growth decisions.
Wyoming LLCs offer privacy, tax perks, and strong asset protection—but are they right for your business? Get the pros & cons from the experts at...
By December 31st, all California employers with 1+ employees must comply with the CalSavers mandate. Learn what it means, who’s affected, & how to...
Looking to secure a business loan? Learn how to get approved, from determining needs to finding the right lender—plus how organized finances can...
From quick ratio to working capital, get a clear view of your B2C business’s liquidity with these essential metrics for smart financial...
Master your B2B cash flow with essential metrics that reveal how efficiently you collect, manage, & spend cash—perfect for improving decision-making...
Effective expense management is key to healthy cash flow. Learn tips for tracking business expenses, reducing waste, & optimizing budgets for more...
Need to recover your QBO account from a bookkeeper? Follow our step-by-step guide to reset passwords, transfer admin access, & secure your financial...
Is it time to outsource your bookkeeping? Discover how hiring a bookkeeper can help your business scale, improve financial accuracy, and free up your...
Need to mail your tax return? Learn the correct IRS mailing addresses, deadlines, required forms, & tips to ensure your return is processed without...
Still using QuickBooks Desktop? Learn why switching to QuickBooks Online is the best move for your business, from cloud access to real-time...
Should you deduct mileage or actual vehicle expenses? Explore the pros & cons of Standard Mileage v. Actual Expenses, depreciation rules, & IRS...
Nonprofits need specialized accounting to keep 501(c)(3) compliance & secure funding. Learn best practices for fund accounting, grant tracking, &...
Business vehicle purchases offer major tax incentives! Learn how to write off vehicle expenses, claim depreciation deductions, & leverage tax...
Thinking about switching to an S-Corp? Learn when it makes sense, how it reduces self-employment taxes, & what to consider before making the switch.
Maximize your tax savings with key small business deductions & tax credits. Learn how to reduce taxable income, claim clean energy & EV credits, &...
Missed the S-Corp election deadline? Learn how to file a late S-Corp election with Form 2553, understand eligibility criteria, & avoid potential...
Is your business registered in Delaware? You gotta pay the Franchise Tax by March 1st/June 1st! Learn how the tax is calculated & the penalties for...
Are your books driving you crazy? Outsourced accounting can help you stay on top of your accounts and save time and money. Here’s how it works.
Learn to calculate payroll correctly, including payroll taxes, employee benefits, & withholding requirements. Discover industry payroll benchmarks &...
Manage your business finances with QuickBooks Online. Learn how QBO’s cloud-based platform, automation tools, and financial integrations make...
Understanding the difference between legal & tax structures is crucial for business success. Learn how your Partnership, S Corp, or C Corp is taxed &...
Switching a worker from W-2 to 1099? Learn when it’s allowed, how to avoid IRS penalties, & the correct steps to transition employees into...
Confused about 1099-NEC vs. 1099-MISC? Discover when to use each form, the types of payments reported, and the IRS deadlines to avoid penalties.
How long does the IRS have to audit a business? Learn about underreporting, tax extensions, business recordkeeping, & ways to reduce business tax...
Make the right tax election for your business. Learn how Form 2553 can save you money, when to file for S Corp status, & how to avoid IRS filing...
Need to find your EIN number? Learn how to locate your Employer Identification Number (EIN), why it’s important for business taxes, and how EINs...
Was your business impacted by the California wildfires, you may be eligible for federal & state tax relief. Discover how to claim wildfire casualty...
Why is Delaware a top choice for incorporation? Explore tax benefits, legal protections, & corporate flexibility—plus key considerations before you...
Struggling with payroll? We break down ADP, Gusto, & Paychex to help small business owners choose the right payroll service for efficiency and...
Worried about an IRS audit? Discover the 5 most common triggers for small businesses and actionable tips to minimize your risk and protect your...
Understanding the differences between 1099 and W-2 employees is crucial for businesses. Let’s explore the key distinctions between the two.
Maximize your tax savings! Explore key deductions for small businesses, common mistakes to avoid, and expert tips to ensure compliance with IRS...
Learn how to file your 1099 form with this 2025 tax guide. Discover who needs to file, step-by-step instructions, and essential tips for small...
A letter from our CEO about the Bench shutdown, emphasizing data ownership, uninterrupted operations, and building trust in financial platforms.
Learn how to streamline your inventory management for enhanced efficiency and strategic business growth with automation.
Unsure about the difference between cash vs accrual accounting? Find out which method suits you best and how it can impact your small business.
Both QuickBooks and Xero bring small businesses affordable and accessible bookkeeping services that keep all your financial ducks in a row.
Learn why bookkeeping is important for your small business and how to make the most out of it.
Starting a business? Confused about whether to go for a DBA or an LLC? Our comprehensive guide breaks down the key differences, benefits, and...
Are you a small business looking for ways to save money during tax season? Here’s five high value tax strategies you may not have already...
5 Important Financial KPIs to help you create effective goals that can help you scale your business and plan your growth hacking tactics.
Worried your small business is going to be audited by the IRS? What you need to know about small business IRS audits and how good bookkeeping can...