A Survival Guide to Bookkeeping When You Have No Idea How to Do It
Recently I asked my self-employed wife, “What do you think bookkeeping is?” She responded, “It’s when you add some stuff,...
Finances and Taxes
Trending topics
Q: Does My Business Qualify for the 20% Pass-Through Deduction?
Back in December 2017, President Trump signed the Tax Cuts and Jobs Act (TCJA), the first significant overhaul of our...
Q: How to Calculate Your Self-Employment Tax In 4 Simple Steps
How many times a month do you find yourself daydreaming about wandering into the land of self-employment? While self-employment can...
Simple time tracking that syncs with payroll.
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Q: How Exactly Do I Claim the Home Office Deduction?
Do you use your home for business purposes? If so, you may be able to write off some of your home-related expenses, which can end up lowering your taxes.
Q: What’s the Minimum Wage in My City and State?
If your city or state minimum wage is higher than the federal minimum wage, you’ll need to pay your qualified workers the highest amount.
Q: How Do I Fill Out a Schedule K-1?
If your business is a pass-through entity, you'll have to fill out a Schedule K-1. Here are step-by-step instructions to help you out.
Q: What Is a Balance Sheet? [Free Template]
A balance sheet is a report that gives you a snapshot of the financial health of your business. Unlike a...
Q: What Taxes Do I Pay If I’m Self-Employed?
If you’re self-employed and earned $400 or more over the tax year, there are usually two federal taxes you’ll need to pay: self-employment tax and income tax.
Gusto makes payroll, benefits, and HR actually easy.
Meet our featured contributors
Andi Smiles
Small business financial consultant
Paco de Leon
Founder of Hell Yeah, Bookkeeping
Caleb Newquist
Editor-at-Large, Gusto