As you grow your startup, you'll likely run into "EBITDA" — or Earnings Before Interest, Taxes, Depreciation and Amortization. Here's what it means and how to calculate it.
Deciding which receipts and invoices to hold on to is one of the most familiar challenges for business owners, especially when balancing your desire for tax write-offs against the tedious collection and filing of every receipt and invoice. Here's how to get the best of both worlds.
Everything you needed to know about every business owner's "favorite deduction" — plus, a free downloadable meal policy that'll keep employees satisfied while limiting expense and ensuring proper records.
Guest author Phil Debaugh, founder of Tesseract Advisory Group, weighs in on the most-frequently asked question in accountants' offices: what can founders actually (and reliably) deduct?
Whether you sell products, software, services or a mixture of the three, cost of goods sold (COGS) or one of its variants is a number you need to know. We tell you how to calculate it and when there are better measurements to use.