Entrepreneurship

Cash vs. Accrual and Why Accounting Matters for Taxes

By Thursday Bram When you're running a small business, it may seem like deciding between cash and accrual accounting is just one more thing on the long list of things you need to get done. But the fact of the matter is the decision on which accounting method you're going to use makes a difference in something as simple as how you do your taxes and can have long-lasting effects beyond the end of the year.
The Difference Between Cash and Accrual Accounting

14 Travel Hacks and Airfare Saving Tips

By Nora Dunn Traveling for business can be a costly proposition; you are often on the road at peak times (and paying peak prices for it), and if a few people from the office are on the trip, the company’s travel expenses can go through the roof. Following are some travel hacks and airfare saving tips to keep your business travel expenses low.
1. Ask for Corporate Discounts.

How to Choose an Accountant for Your Small Business

By Lynn Truong Small business owners often overlook the importance of having a good accountant on their side. The role of the accountant doesn't have to be limited to tax preparation. He can be a valuable adviser for your business year round. Here are some things your accoutant should be involved in for your small business.

When Is Lunch Deductible?

By Thursday Bram Sometimes a local restaurant is the best place to meet with clients. It may be more convenient and since you both have to eat, it makes sense to turn lunch into a business expense. Bringing in lunch for your employees can also turn a meal into a business deduction. But there are also many situations in which your lunch isn't deductible, even if you're eating it at your desk. Knowing the difference can make a big difference in your tax burden.

Fantastic Phone Services for People on the Go

By Sasha A. Rae You’re ready to hit the road, but you’re not sure how to stay connected while you’re out there. Or you just rolled back into town after a stint abroad and haven’t hooked up your cell service yet. You don’t have to. There are so many options for staying hooked up phone-wise whether you’re at home or on the road, especially if you tend to bounce between places that have different cell phone coverage areas. Or none at all.

Online Tax Payment and Filing for Small Businesses

By Thursday Bram The IRS wants businesses to pay their taxes online, as well as file their taxes online. It's faster, eliminates the need for the IRS to have people open envelopes and process paperwork and has been running for more than a decade.

How to Get Huge Savings With Used Office Equipment

By Linsey Knerl

11 Sources of Free or Low-Cost Training

By Julie Rains Being competitive often means being informed and knowledgeable about what’s new: products, technologies, business practices, legislation, industry happenings, competitive threats, and more. But getting and staying educated on the latest of everything can be expensive: industry certification programs and professional conferences can cost hundreds or even thousands of dollars.

Gift-Giving Ideas That Can Change Lives

By WC Porter Let’s be honest. Most gifts you receive during the gift-giving season are pretty lame: a sweater you politely wear a couple of times or a CD you casually listen to in the car and wonder, "How did I end up with this?"
Most of the time you show a little interest and then it fades away — you’ve wasted your money and the person getting the gift hasn’t gotten much in exchange.
Such is life.

Wearing Many Hats: Specialism Vs. Generalism

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You can submit the latest deals and articles in Banking, Credit Cards, Mortgages and Personal Finance.

We like money saving deals and we want to share them with the rest of our community. BankFiesta is currently in beta and accepting new users.