Money Leaks

Shore Up The Money Leaks In Your Business

The 10 Biggest Cracks in Your Accounting System The last thing most entrepreneurs want is for their hard-earned dollars to go down the drain because of a money leak in their business. Since so many entrepreneurs are working harder than ever before earning their living, it just makes sense to shore up every profit leak…

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S Corporation Shareholders

What is Reasonable? Decoding Payroll for S Corporation Shareholders

S Corporation shareholders enjoy limited personal liability and a beneficial pass-through structure; income and losses pass through the corporation and to the owner’s personal tax returns.  With this tax structure, shareholder distributions from an S corporation aren’t treated as self-employment income, hereby avoiding the high self-employment tax rate on their share of the income.  This…

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Financing

Small Business Financing: Securing a Loan

Small Business Financing: Securing a Loan When owning a small business, there will most likely come a time when you’ll reach out to a bank or financial institution in order to borrow funds.  Secured business loans are a common type of small business funding.  A secured business loan is any type of business financing that’s…

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