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As an entrepreneur you are constantly having to learn how to tackle new challenges. To help you develop the necessary knowledge and skills we have compiled informative articles, videos and other resources on topics material to building a business.

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16 Results - Clear

Most Recent | Most Votes

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Bookkeeping and Accounting Basics

Posted in Money - Accounting/Tax | 10 Votes

Understand the basics of accounting and bookkeeping to stay organized and be prepared for tax season.
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Good Recordkeeping Helps Avoid Headaches at Tax Time

Posted by Barbara Ciosek in Money - Accounting/Tax | 8 Votes

Thought this IRS overview on recordkeeping was helpful.
Link Resource

Document Retention Schedule

Posted by Hanson Bechat in Money - Accounting/Tax | 4 Votes

The retention period of a document is an aspect of records management. It represents the period of time a document should be kept or “retained”. At the termination of the retention period, the document is usually destroyed.
Video Resource

How to Understand a Profit-Loss Statement

Posted by Jen Ostrosky in Money - Accounting/Tax | 3 Votes

Helpful overview of the basics of a profit-loss statement by Justyn Hornor.
Link Resource

Think Before You Incorporate

Posted by Joe Faris CPA in Corporate Basics - Legal Formation/Maintenance | 2 Votes

We see far too many businesses incorporating or forming an LLC too early in their life cycle. Think before you incorporate. There is downside to incorporating and not incorporating. Know the issues.
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You Incorporated Yesterday - 10 Things You Need To Do Today

Posted by Joe Faris CPA in Money - Accounting/Tax | 2 Votes

Being compliant with the government and being tax compliant is not difficult - you just need a cookbook approach. These are 10 items that will make your life much easier and save you money.
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Understanding 83(b) Elections

Posted by Wray Rives CPA CGMA in Money - Accounting/Tax | 2 Votes

Explanation of how 83(b) elections work for individuals that receive restricted stock grants in a startup.
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Why you should care about 409A valuations

Posted in Money - Accounting/Tax | 2 Votes

If your company fails to comply with 409A, your employees will be personally liable for immediate taxation – plus a 20 percent penalty tax, and potential interest payments.
Link Resource

Checklist for Starting a Business

Posted in Corporate Basics - Legal Formation/Maintenance | 2 Votes

This IRS checklist provides the basic steps an entrepreneur should follow to start a business.
Link Resource

Employer ID Numbers (EINs)

Posted in Money - Accounting/Tax | 1 Vote

An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Here are some helpful IRS resources and instructions to obtain your EIN.
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