Tag: expenses

Financing your Business

I Started My Company With $40 and Grew It to $4 Million in Revenue. Here Are the Best Business Investments I Made and What Entrepreneurs Should Avoid.

February 6, 2023

Via: Entrepreneur

Run a lean team, until you don’t have to I started the business with very little money, just $20 for the website and $20 for the domain. That low startup cost was crucial for the business, especially because it was […]

Tax Code, Regulations and Guidance

Moving Expenses Definition

June 24, 2020

Via: Investopedia

What Are Moving Expenses? Moving expenses are potentially tax-deductible expenses that are incurred when an individual and their family relocate for a new job or due to the location transfer of an existing job. After certain baseline criteria are met […]

Business Law & Regulations, Employment & Labor, Finance

How to Account for Employee Expenses

December 10, 2018

Via: Fit Small Business

Employee expenses on your books are business expenses an employee pays for with their own personal funds or a corporate card and reimbursed later by the employer. The most common expense reimbursements are for airfare, hotel and meals. A written […]

Business Law & Regulations, Finance

FICA Taxes, Unemployment Insurance, & Workers Comp For Owners

March 8, 2016

Via: Fit Small Business

When you start hiring employees, you will have expenses over and above the salary that you pay them. Social security and medicare make up the taxes known as Federal Insurance Contributions Act (or FICA). FICA taxes, along with unemployment insurance […]