Running a small business is exciting — but when tax season hits, it can quickly become stressful. Many small business owners unknowingly pay more taxes than they should simply because they overlook deductions they’re entitled to claim. These missed opportunities can add up to thousands of dollars each year.
Starting a business is exciting – but keeping track of your finances can quickly get overwhelming. That’s where bookkeeping comes in. Whether you’re a solo entrepreneur or running a small startup, understanding the basics of bookkeeping helps you stay financially healthy, avoid costly mistakes, and make smarter business decisions.
Choosing the right business structure is one of the most important financial decisions a small business owner can make. Whether you’re a freelancer, contractor, or growing entrepreneur, the way your business is registered directly impacts how much tax you pay – and how much you keep.