Category Archives: Taxation

Small Business Credit

Small business credit, especially a credit card for your small business, can be very useful as an accounting tool. Whether you decide to incorporate, remain a sole proprietor, or operate as an LLC, having a purchasing card for your small business helps you make day-to-day decisions about whether purchases are personal or business-related. Each monthly […]

Your Small Business Checking Account

You started your small business, and now what? An important first step is to get a business checking account, even if you intend to operate as a sole proprietorship. Review our “Should I Incorporate?” article for an overview of the different formats you can choose for your business. For anything other than a sole proprietorship, […]

Incorporation Tax and Filing Myths

Since posting the “Should I Incorporate?” article, some have brought up issues that fall into the realm of myths. It is important to note that entire industries have sprung up around servicing small businesses, including CPAs, HR professionals, financial planners, payroll services and so on. Some of these professionals greatly overstate the risks as a […]