Boxes on the new Form 1099-MISC are rearranged and renumbered. Boxes 15 through 17 apply to states. Follow IRS 1099-MISC Instructions to complete the tax form. …
1042-s
Form 1042-S must be filed with the IRS and a copy should also be sent to the business, student, entity, or employee payee to complete their U.S. federal tax ret…
Fractional CFO
Your business can find a fractional CFO for hire through several sources. Is your business planning to hire a part-time CFO employee through the payroll or find…
Supply and Demand
Supply and demand is a microeconomics theory describing the effect that the available level of goods or services has on pricing, buying volume, and subsequent p…
Backup Withholding
You can avoid or stop backup withholding by correcting the reason for the backup withholding. Report your correct taxpayer identification number (TIN) to the pa…
W9 vs 1099
Businesses use W-9 forms submitted by some U.S. suppliers and independent contractors to complete IRS forms 1099-NEC and 1099-MISC. W-9 forms are also required …
1099 Rules
The 1099 rules for types of items to report for 2022 on Form 1099-MISC and 1099-NEC per IRS Instructions generally apply to income payments of at least $600 and…
Backward Integration
Backward integration is an M&A strategy that can reduce cash, add debt, or dilute shareholders through new share issuance.
Business Credit
With good business credit, companies can gain advantages. They may receive business credit card perks. With better business credit, you’ll receive lower inter…
Marginal Cost
Marginal cost is important because businesses can determine their optimum production level for making a profit before costs will increase and monitor increases …
NetSuite vs QuickBooks
The choice of NetSuite vs QuickBooks depends on your business type and growth expectations. Small businesses with high growth prospects often start with QuickBo…
NetSuite Modules Guide
Some of the NetSuite modules are included with the NetSuite platform. Others are add-on modules for an additional cost if selected for your business. The functi…
Demand Side Platform
A demand side platform is software used by advertisers and agencies to buy online ad space through a digital marketplace. Publishers list their available advert…
Accounts Payable Document Management
Accounts payable document management is quickly evolving. AP departments that hope to be efficient in the new environment of paperless document management must …
Flat file integration vs API
As financial technology evolves, it drives the need for more data sharing across multiple verticals. Automated AP software is often designed for seamless and fl…
Payment Gateway vs Payment Processor
When you’re running a business you need to understand the payment process for accepting credit cards. A payment gateway and a payment processor perform differ…
Tipalti vs Concur
Selecting and implementing an AP automation solution that best fits your business will streamline your financial workflows and save time and money by making the…
Net Income
Achieving positive net income is a goal that most companies and small business owners aim to reach. But some startups and hypergrowth companies operate at a los…
Expense Management
Expense management is crucial to your business operations, and with the right tools, it doesn’t have to be complicated.
ACH Loan
ACH loans work for some companies with subpar credit. A business applies for an ACH loan with a lending company that offers ACH loans. The lender performs due d…
Spend Management
Spend management is important because it prevents unnecessary spending, maintains data accuracy and organization throughout the entire billing lifecycle, and ma…
Intacct vs NetSuite
Both NetSuite and Sage Intacct offer industry-specific solutions and use AI/ML technologies with business intelligence to drive their software. Both software so…
Vendors that Report Business Credit
With adequate payment and credit history, your business may qualify to get bank loans and interest-free trade credit from other suppliers. Some of these vendors…
Stripe QuickBooks Online
Stripe and QuickBooks are both popular AP tools for digital payments. Stripe payment processing is for any company looking to do business online. Stripe and Qui…
