The author and editors take ultimate responsibility for the content. A statement of shareholders’ equity is a simple calculation obtained from a company’s balance sheet. It basically ...

It provides Schedule SE for self-employment taxes and Schedule C to report profit or loss from a sole proprietorship. We did find that it doesn’t come with the bells and whistles you’ll get ...

Visit americanexpress.com to learn more. As a sole proprietor, there is no legal separation between you and your business. Still, it's beneficial to separate your business and personal expenses to ...

They handle bookkeeping, preparing important financial documentation (e.g., tax documents and profit-and-loss statements), financial planning and tax filing, among other tasks. They can also ...

Two of the most popular options are sole proprietorship versus LLC. This choice determines whether your business is separate from you as a business owner, with pros and cons to consider either way.

Sale-leaseback frees up capital for sellers while ensuring they can still use the property. Buyers gain a property with an immediate cash flow via a long-term tenant. Such transactions help ...

This tax reporting change will be implemented in phases. It could be delayed again, but freelancers should plan ahead.

The success of your business hinges on how well you manage its financial health — and accounting software can be key to helping you build a solid financial foundation on which your small ...

Bluevine’s free business checking account boasts a competitive APY: Earn 1.50% interest on account balances up to and including $250,000. Terms apply. The account can easily sync with popular ...

In today's Pakistan, a woman striving to break free from structural patriarchy and social elitism as a sole proprietor confronts ... building non-profits or for-profit companies and businesses ...

Due to its flexible tax structure, some may opt for an LLC tax designation (such as a single-member LLC or a partner-included LLC), compared to a sole proprietorship. A tax advisor can guide your ...