Guest Author:

Andrew Freiman

Ever Wonder What Is Dropshipping? It Could Be Just What Your Business Needs

Starting a business comes with obstacles that may seem insurmountable. You have to get a storefront, buy and store inventory, and sell and ship that inventory if needed. But, you don’t have to stick to the old ways of doing business if you don’t want to. With a dropshipping business, you can bypass a lot […]

Can a Tip Reporting Sheet Simplify Your Life? Yes! Here’s How.

By Andrew Freiman

Do some or all of your staff make a good deal of their income off of tips? Wait staff, bartenders, and taxi drivers depend on tip income. Just like wages, tips have a few tax-related requirements that come with them. If your employees make more than $20 per month in tips, you may wonder how […]

Charitable Donation Deduction: What to Do After Giving to Your Favorite Charity

By Andrew Freiman

One of the great things about running a business in America is that your business can make tax-deductible donations to your favorite charities. Seventy-six percent of American businesses donate 6% of their profits on average. And, 85% of consumers have a more positive view of companies that donate. If donations are already at the heart […]

The Gift That Keeps on Giving: How to Track Donations You Receive

By Andrew Freiman

If you run a nonprofit, you already know that donations and grants are your bread and butter. You also know just how complicated tracking donations can be. Nonprofit organizations are required to know how to track charitable donations they receive and supply donors with the proper documentation for the donations they’ve made. Read on to […]

How to Pay Payroll Taxes: A Step-by-step Guide

By Andrew Freiman

There are a lot of things to keep track of as a business owner, with payroll taxes being one of them. The IRS requires you to withhold payroll taxes on your employees’ earnings and also contribute payroll taxes. This process can be complicated if you aren’t prepared. Read on to learn the difference between income […]

Limited Liability: A Shield for Your Business

By Andrew Freiman

Running a business is always a risk. The risk of a lawsuit or bankruptcy can scare many would-be business owners before they even get started. These risks don’t have to affect you personally, but they may depending on how you structure your business. Limited liability protects an individual’s assets in the case of a lawsuit […]

How to Deal with Rude Clients in Your Accounting Practice

By Andrew Freiman

We’ve all dealt with upset clients. Some don’t like your advice and others ignore it entirely. Some clients want things done yesterday and others just came to you yesterday and need things done tomorrow. Whatever the case is, rude clients are easy to come by. What can feel hard is conflict resolution with customers. Read […]

Sick Balance on Paycheck Requirements by State

By Andrew Freiman

No matter when you cut your checks for your employees, paychecks usually come with a pay stub. A pay stub, or check stub, explains details about your employee’s pay.

For Richer and Poorer: How to Start a Business With Your Spouse

By Andrew Freiman

Americans love talking about their favorite mom-and-pop shops. When we use the term mom-and-pop, we’re talking about a spouse-owned business. A spouse-owned business gives new meaning to “for richer and poorer” (and “till death do us part!”). According to Harvard Business Review, three million businesses in the U.S. are spouse-owned. This type of business also […]

Hands putting $100 bills into a communal box.

Tax-deductible Donations to Ukraine: Employee PTO Donations

By Andrew Freiman

Russia’s invasion of Ukraine has people across the U.S. thinking of ways to donate to the Ukrainian people. Businesses giving charitable donations, like money and property, are common. But, there are other ways to contribute. Employees can make PTO donations to Ukrainian refugees to help raise money for those in need. Read on to learn […]