Understanding the Accounting Equation: The Foundation of Double-Entry Accounting
12 mins
In accounting, one fundamental principle governs all financial records and transactions — the accounting equation. It’s the…
12 mins
What Is Accounting? A Complete Guide to Understanding the Basics
14 mins
Accounting is the process of tracking the income and expenses of a business or other organization. It…
Form 1099-INT: Trusted IRS Guide for Reporting Interest Income
11 mins
As a financial institution, business, or government agency, issuing accurate tax forms is a crucial part of…
IRS Form 1099-MISC: A Complete Guide for Businesses and Recipients
11 mins
Form 1099-MISC, Miscellaneous Information, is an IRS information return used to report certain types of payments made…
What Is Form 1099-NEC? Nonemployee Compensation Filing Guide for Businesses
12 mins
If your business hires independent contractors, freelancers, or nonemployees for services, understanding Form 1099-NEC is essential. This…
W-4 vs. W-9: Understanding the Difference?
10 mins
When hiring workers or managing tax forms, two common IRS documents come up: Form W-4 and Form…
How to Start a Business in Texas: A Practical Guide for Aspiring Entrepreneurs
11 mins
Everything’s bigger in Texas — including your business dreams. Whether you’re planning to open a small local…
What Is a New Hire Report? Full Employer Guide
16 mins
A New Hire Report is a mandatory document that employers must submit to their state’s designated agency…
What Is Form I-9? A Complete Employer’s Guide to Employment Eligibility Verification
11 mins
Every employer in the U.S. must ensure that each employee hired after November 6, 1986, completes Form…
What Are W-8 Forms? Trusted IRS Guide for Non-U.S. Persons
10 mins
W-8 forms are a series of IRS documents used by non-U.S. individuals and foreign entities to certify…