So, what’s the deal with receipts? Let’s dig into everything you need to know about your business receipts and documentation. The IRS requires you to keep all documentation to support what you filed on your personal and business tax return. If the IRS ever...
You’ve probably heard of an Owner Draw and that term does get tossed around a lot. If you need a quick refresher Owner Draws, head here. But what is an Owner Contribution? You’ve actually probably made these before and quite possibly never even realized...
Have you heard the term Owner Draw, but you’re not really sure what it covers? Are you sure you understand all the types of transactions that can be considered an Owner Draw? Today I’m going to go through Owner Draws and lay it all out for you. So...
Is your bookkeeping a hot mess? Does your bookkeeping even exist? Do you find yourself spending hours and hours going through paperwork and files and downloading transactions to put everything together for tax time, just to file each year? Today I’m going to...
As you get your creative business up and running, there’s so many things to understand. The question I get a lot is what is a Tax ID or EIN number? Do I need one? What is it used for? How do I get one? Today we’ll discuss when you need a Tax ID/EIN, how to...
