Sun.May 09, 2021

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What Are Costs of Goods Sold?

MazumaBusinessAccounting

We work with small business owners and entrepreneurs. Some are seasoned, others are just growing their side hustle. Their skills are varied and they have a wide variety of talents. We often get asked to explain the ins and outs of financial reports and have found that providing our favorite clients with a working knowledge of accounting terms is helpful.

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How to Change from an LLC to an S Corporation

xendoo

Remember back when you had to decide on a name to register your new business, forming a limited liability company—LLC ? Now your small business has grown up thanks to your hard work and dedication. You may have outgrown your current legal status and it’s time to change from an LLC to S Corp to gain additional tax benefits that you’ve earned! Since determining the status of your business is important to its success and potential, we’ll break it down for you.