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Cash flow is the foundation of any small business. While revenue may be the big-picture goal, managing the timing of money moving in and out of your business keeps your operations alive and healthy. Whether you are in your first year or scaling up fast, understanding and mastering your cash flow is essential for long-term success. Here is how to take control and keep your finances on track.

Navigate U.S. tax requirements for small businesses with expert tips on tax structures, deductions, and key forms. Stay compliant and optimize your tax strategy for success.

A solid financial foundation is the bedrock of every successful business. Without it, even the most innovative products or services can falter. Whether you're just getting started or looking to strengthen your current operations, here’s a practical guide on how to build a strong financial foundation for your small business.

Let’s Talk Taxes: DIY or Pro Help?Every year, millions of taxpayers turn to DIY tax software, believing it to be the most cost-effective way to file their returns. The appeal is obvious—low upfront costs, step-by-step guidance, and the ability to file from the comfort of home. But is DIY tax prep the best option? While software promises convenience, it often comes with hidden costs—missed deductions, audit risks, and the time-consuming process of navigating complex tax laws.

The IRS has announced a new tax extension deadline for individuals and businesses in Tennessee affected by recent severe storms. As part of the federal disaster relief effort, all Tennessee residents and business owners are eligible for this relief. The new deadline to file federal tax returns and make applicable payments is November 3, 2025.The Tennessee Department of Revenue will also consider requests for extensions on a case-by-case basis for individuals unable to file th

Bookkeeping is an essential task when it comes to managing the finances of your small business. It involves keeping track of your incoming and outgoing expenses, recording transactions, and maintaining accurate financial records. Not only does it help you stay organized, but it also enables you to make informed decisions based on your financial data. One of the crucial decisions you need to make is choosing the bookkeeping method that works best for your business.

You can find a tax preparer through personal recommendations from friends or colleagues, by consulting a professional organization, or even by checking a directory. However, it’s essential to choose carefully, as you are ultimately responsible for all the information on your tax return.

Maintaining compliance with state regulations is crucial for Tennessee businesses. One important requirement is filing the Annual Report with the Tennessee Secretary of State. This report ensures that business information remains up to date and that entities remain in good standing.

Tennessee's Schedule B is a crucial component for businesses operating within the state, ensuring accurate reporting of tangible personal property for taxation purposes. This schedule aids local governments in assessing property values and determining appropriate tax obligations.

April 26, 2024Businesses registered in Tennessee as a limited liability company (LLC) or corporation (Subchapter S or C) must pay taxes to the state annually. There are two components to the tax: Excise and Franchise.

Navigating Mileage Deductions

How to Develop & Improve Business Accounting Systems: Your business accounting system can do more than just keep up with inflows & outflows

6 Critical Tips For Effective Payroll Processing: payroll may be one of the most critical operations of your business.

50% of small businesses fail in the first four years. So what really contributes to increasing chances of entrepreneurial success?

Hidden QuickBooks Features That Will Save You Time. QuickBooks is one of the most comprehensive accounting software packages on the market

4 Easy Steps to Master Your Productivity: Getting the job done requires a consistently high level of performance