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small business

Smart Disaster Planning Tips

We know: disaster planning is not high on the list of things we all want to do. But in the wake of disasters like Hurricane Irma and Harvey, or the wildfires out West, disaster planning should be top of mind for all of us.  Too often natural disasters strike and serve as reminders that it’s […]

5 Tips to Get You Ready for Tax Season

The holidays are upon us and that means it’s time to get your end-of-year ducks in a row for some smooth sailing through the upcoming tax season. Here are five tips to help you get organized so that your 2016 tax filing is as easy as floating down the lazy river: Small biz owners: Gather […]

4 Great Reasons to Take Payroll as an S-Corp Owner

As you probably know, October is tax planning month for us at Team Holly. We’ve already posted some blogs about what kinds of financial decisions might warrant a call to your CPA (so you can assess the tax impacts of your choices), and some investment tax planning strategies. So what do S-Corp payroll and tax […]

Your Small Business Website: DIY or Not?

It’s hard to believe that in 2016 almost half of all small businesses in the U.S. do not have websites for their companies, especially when 70-80% of customers do online research before making a purchase or choosing a service. Does your small business have a website? If not, it’s time for you to consider creating […]

4 Common Small Business Accounting Mistakes (And How to Avoid Them)

As a business owner, you want to focus on what you know best – your product or service. Accounting and finances are a necessary evil but probably aren’t a favorite part of your work. However, lack of knowledge about finances and accounting could cost you big-time down the road. So, set up your small business […]

Business Structures 102: The Corporation Showdown

Our last post compared LLCs and Partnerships. If you’re starting your own business, enjoy today’s post comparing some tax advantages for LLCs and corporations. LLC (Limited Liability Company) vs. Inc. (Corporation) The biggest advantages of an LLC over a corporation are flexibility in management and pass-through taxation. While corporations must have a formal management structure […]

Branding Your Small Business: What’s in a Name?

One of the first things most small business owners must do is name their business. Sounds easy enough, right? But, it’s not that easy. Your business name is an extension of your brand – you know, that perception that customers or clients have about your product or service. Your branding is more than just your […]

Business Structures 101: What’s Best For You?

You’re starting your own business. You’ve got a lot on your mind – creating your product/service, marketing, location, business plan, licenses, permits, financing, and more. One of the most important things to consider before you get going, though, is your business structure. Will you set up your business as a sole proprietorship, a partnership or […]

10 Down & Dirty S-Corp Tax Tips

Do you own an S-Corp, or are you thinking about starting one? According the IRS, about 70% of all corporations filing tax returns are S-corporations (including regular corporations and LLCs electing the S-corp status). S-corporations tax returns also get more scrutiny from the IRS. Here are ten down and dirty things to know: S-corporations pass […]