Keep Your Business and Personal Money Apart
Commingling funds quietly undermines your taxes, your legal protection, and your books. How to pay yourself right — and the one rule that keeps it clean.
Read ArticlePractical reads on bookkeeping, payroll, tax and dealing with the IRS — written for the people running the business.
The car, the home office, the phone, the working trip — deductible, but only the business share, and only if you can prove it. How the IRS treats mixed-use expenses.
Commingling funds quietly undermines your taxes, your legal protection, and your books. How to pay yourself right — and the one rule that keeps it clean.
Read ArticleProfit and cash are not the same thing — and the gap between them is where businesses get into trouble. Why a profitable business can still run dry.
Read ArticleMeals are 50% deductible, entertainment is nothing, and 2026 changed the rules for feeding your own team. A plain-English guide — plus the records the IRS wants.
Read ArticleThe S corporation is a powerful tax structure — but only if you pay yourself correctly. Here’s what reasonable compensation means, why the IRS cares, and how to get it right.
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A letter from the IRS, a balance you can’t pay, an unfiled return — problems like these stop people in their tracks. Here’s how tax resolution works and why acting early matters.
Read ArticleYour profit and loss statement is the most useful report you own — if you know where to look. Five things to check every month, in plain English.
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AI isn’t a magic solution, but used correctly it can eliminate repetitive work and give small business owners back their most limited resource — time. Practical ways to start.
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Clean books aren’t about perfectionism — they’re about being ready for anything. These five habits keep small businesses lender-ready, buyer-ready and audit-ready all year.
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Payroll isn’t just paying people — it’s a year-round schedule of federal deposits and filings with real penalties for missing a date. Here’s the calendar at a glance.
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