As your business grows, though, your accountant might encourage you to make an S-Corp election status in order to leverage certain tax benefits. If this is the case, you will have a different form to file: Form 1120S.| www.fundera.com
A key tool for every small business owner is a profit and loss statement. We break it all down here.| www.fundera.com
The income statement seems very simple, at the outset, to most small businesses, but it can be infinitely more complex. This video simplifies things.| www.fundera.com
Are you a new business owner? Read our comprehensive guide to find out how to effectively manage your small business finances, no MBA required.| www.fundera.com