Best Accounting Software for Macs 2021

In earlier days, a big part of choosing the best accounting software for Macs involved finding out which programs were compatible with which systems. Now, things are much more universal — especially for online, cloud-based accounting software. But some accounting software packages do have features that are a little friendlier for Mac users, such as…

How to Pay Yourself as an S-Corp

Structuring your small business as an S corporation, or S-corp, can save money in federal taxes, but owners have to tread carefully when deciding how to pay themselves. Taking too low of a salary or skipping one altogether can lead to unpaid taxes and federal fines. An S-corp offers business owners three basic options for paying…

Best Accounting Software for Nonprofits

Accounting for a nonprofit organization can feel like spinning plates as you try to manage donations, fundraising, grants and volunteers. The right bookkeeping service can help keep the china from crashing to the ground. And the best nonprofit accounting software helps you spin more efficiently, giving you data and insights along the way. Here are…

9 Ways to Make Money as a Kid

Job opportunities for children are limited, but not impossible to find. Sure, the minimum working age in the United States is 14, and some states may have a higher minimum employment age. However, there are certain exceptions, plus other ways besides traditional employment to make a few quick bucks. Need some ideas? Here are nine…

FreshBooks vs. Xero: Which Is Best for Your Small Business?

FreshBooks and Xero are both cloud-based solutions that have become two of the biggest competitors of QuickBooks Online, the industry standard in small-business accounting software. Comparing FreshBooks and Xero, however, shows that they are largely designed to accommodate different types of businesses. FreshBooks offers unlimited time tracking, invoicing, and project and client management tools with…

What Is Business Interruption Insurance?

Business interruption insurance, also called business income insurance, reimburses small business owners for their operating expenses and lost income after a major disaster. Business interruption insurance typically doesn’t cover damage from floods, earthquakes or pandemics. It is often sold as part of a business owner policy, or BOP. Business interruption insurance coverage often includes a…