Paying Yourself As a Freelancer: S Corp Reasonable Salary
S-corp taxation isn’t just for corporations—LLCs that meet eligibility requirements can also elect to be taxed as an S-corp. By default, LLCs are taxed like sole proprietorships or partnerships, meaning the owners are considered self-employed and pay self-employment tax on all business profits. S-corp shareholders...
The Best Construction Accounting Software
NerdWallet’s accounting software ratings favor products that are easy to use, reasonably priced, have a robust feature set and can grow with your business. The best accounting software received top marks when evaluated across 10 categories and more than 30 subcategories. These few accounting...
QuickBooks Online Review: Features, pricing, and more
Each version has its pros and cons, so factor in ease of use and key features before making a final decision. This includes the availability of integrations for payroll, time tracking, and receiving e-payments. We also evaluated whether an electronic bill pay integration was available....
Accounting Ratio Definition and Different Types
Comparisons made with financial ratios give investors the opportunity to draw comprehensive conclusions about prospective investments. They're easy to use to analyze the attractiveness of an investment in a company. These metrics primarily incorporate the price of a company's publicly traded stock. They can give...
Ledger Accounts Definition, Format, Types, & Advantages
This helps give insight into how much profit or loss is being made within a certain time period. Ledgers also provide the ability to enter financial transactions so that they may be posted up into various accounts. For example, if the business owner needs...
- 1
- 2