Let’s get real for a second: no one, and I mean NO ONE, wakes up excited for an IRS audit. The phrase itself is enough to make even the most seasoned small business owner break out in a cold sweat.

But here’s the kicker: most audits don’t happen by accident. There are specific IRS audit triggers for small businesses that can land you in the hot seat.

So, let’s break down what those triggers are, how to avoid them, and how to keep the IRS from sending you a love letter you really, really don’t want.

So, you’re thinking about forming an LLC. You heard it’s the way to save on taxes, protect your personal assets, and maybe sound a little more impressive at networking events.

But here’s the thing: there’s a lot about LLC tax benefits and pitfalls that no one tells you. And if you’re not careful, your shiny new LLC could end up costing you more than it saves.

Let’s cut through the noise, bust the myths, and get real about what an LLC actually means for your money.

Tax season. Two little words that can turn any freelancer into a ball of stress, armed with a pile of receipts, an empty coffee cup, and a sense of existential dread.

If you’re reading this, you’re probably already bracing yourself for the inevitable: the IRS wants their share, and it’s up to you to figure out how to make that happen - without losing your mind or your entire weekend.

But here’s the good news: with a little know-how (and a touch of humor), you can tackle tax season like a pro. Let’s break down the freelancer tax tips 2025 that’ll help you keep your sanity - and maybe even save a few bucks.

When you started your side hustle, you probably thought, I’ll make a little extra cash, maybe treat myself to an occasional latte or a new pair of shoes. Fast forward a few months, and you’re realizing this side hustle has bills of its own, and those lattes? They’re starting to feel like luxury splurges.

If you’re tired of feeling like you’re working hard but not seeing enough in your bank account, it’s time for a game plan. And guess what? There’s no secret lottery ticket, just solid strategies that actually work.

Let’s dive into the increase income side hustle tips that’ll help you turn “side hustle” into serious income. Get ready to be a little shocked (in the best way).

Tax season. That magical time of year when you realise just how many things you could have written off, if only you’d known.

If you’re a small business owner, chances are you’re missing out on some major tax savings. The IRS isn’t exactly throwing a parade to remind you about all the deductions you’re entitled to. That’s why we’re here: to break down the small business tax deductions for 2025 onwards that you can’t afford to overlook.

Let’s dive in, because leaving money on the table? Yeah, we don’t do that here.

Let’s face it - bookkeeping isn’t exactly the sexiest part of running a business. Most entrepreneurs don’t wake up thinking, Wow, I can’t wait to reconcile my bank statements today! But here’s the thing: ignoring your books is like ignoring a ticking time bomb under your desk.

One wrong move, and boom - your profits vanish, your tax bill explodes, and your business dreams go up in smoke.

So let’s talk about the bookkeeping mistakes that hurt profits, how they sneak up on you, and most importantly, how to defuse them before they blow up your business.

Let’s talk about the question every small business owner has Googled at 2 a.m.: How much does bookkeeping really cost?

Spoiler alert: it’s not a simple answer like “$99 a month.” And anyone who tells you it is? Probably trying to sell you a service that comes with more surprise fees than your last Uber ride.

So, let’s break it down - bookkeeping services pricing for small businesses, what you actually get for your money, and the hidden costs no one talks about. Grab your tea, and let’s spill it.

Starting a business is exciting. You’ve got your logo, your website, and a business plan scribbled on the back of a napkin. You’re ready to take on the world - until, a few months in, you realize your bank account looks like a sad meme and you’re asking yourself where did the money go?

Fear not, fellow entrepreneur. We’re diving into the financial mistakes new entrepreneurs make - so you can dodge them like a pro and keep your business (and your sanity) intact.

Let’s get into it.

Quarterly goals. The phrase that sparks equal parts excitement and panic for small business owners everywhere. If “quarterly financial goals for small business” sounds like something only Fortune 500 companies care about, think again.

Because whether you’re running a one-person Etsy shop or managing a growing team, setting financial goals each quarter is exactly how you stay ahead of the chaos - and make sure your business is thriving, not just surviving.

So grab a coffee (or something stronger, no judgment), and let’s break down how to crush your next quarter like the boss you are.

Ah, the age-old question for small business owners: Should small business hire financial advisor? Or is that just another fancy title for someone who charges you a fortune to tell you what you already know—like “spend less than you make”?

Let’s break it down, with a side of laughs and a solid plan for your business….

Running a business isn’t always sunshine, rainbows, and yacht parties. Sometimes it feels more like a leaky boat with you frantically bailing out water using a teaspoon. If your business is losing money and you’re wondering how to recover from business financial loss, you’re not alone, and you’re definitely not doomed.

Let’s break down the steps you can take to stop the bleeding, turn things around, and even have a laugh along the way (because let’s face it, crying into your Excel sheet won’t help).

It’s that time of year again - closing out your books, reviewing your numbers, and making sure your small business is set up for success in the year ahead. If the phrase “end of year financial checklist for small business” has you breaking into a cold sweat, take a deep breath. We’ve got you covered.

Here’s a step-by-step guide to help you wrap up your business finances with confidence, avoid tax-time headaches, and start the new year strong.

If you are running a small business, you might wonder, “Do I really need a CFO?”

You are not alone. Many business owners hesitate to bring on a Chief Financial Officer because they think it is only for big corporations. But here’s the truth - knowing when to hire a CFO for small business can be a game-changer for your growth, cash flow, and long-term success.

Let’s break down when it makes sense to hire a CFO, what they actually do, and what it might cost you.

Ever feel like you are guessing when it comes to your business finances?

You are not alone. Many small business owners and freelancers find forecasting tricky, but a good business finance forecasting guide can change everything.

When you forecast your income, expenses, and cash flow for the year ahead, you gain clarity, confidence, and control over your financial future. Let’s break down the process step by step - without the jargon.

If you have ever stared at your Profit and Loss Statement (P&L) and thought, “What am I actually looking at?”, you are not alone.

Many freelancers, side hustlers, and small business owners struggle with understanding profit and loss statement details - yet this simple document can give you a crystal-clear picture of your business’s financial health.

Let’s break it down, step by step, so you can stop guessing and start using your P&L like a pro.

Let’s be honest, keeping up with your business finances can feel like a full-time job. But here’s the secret: if you spend just 30 minutes a month on a monthly financial review, you’ll save yourself hours of stress and avoid costly mistakes.

The key? Having a monthly financial review checklist that keeps you focused and on track.

In this post, we’ll break down exactly how to do a monthly financial review, step by step, so you can stay in control of your business, make smart decisions, and actually enjoy looking at your numbers.

Picture this: you’ve got a big pitch meeting lined up. You’re ready to wow potential investors with your vision, your product, and your passion.

But here’s the catch - even the best ideas won’t get funded if your business finances throw up red flags.

Whether you’re a freelancer looking for a small capital injection, or a small business owner seeking a major investment, knowing the business finance red flags for investors is critical.

Let’s dive into the most common financial warning signs that can make investors hesitate, and how you can fix them before they kill your funding dreams.

Let’s be real- running a small business is hard enough without chasing invoices, tracking expenses, or remembering to pay yourself.

The solution? Automating small business finances.

It sounds fancy, but it’s totally doable. And here’s the best part: you can set it up in just one weekend - even if you’re not a tech wizard or finance pro.

Ready to simplify your money life, save hours every month, and avoid financial stress? Let’s dive in!

Let’s be honest—dealing with late payments in small business is the headache no one warns you about.

You’ve done the work, sent the invoice, and now you’re stuck waiting... and waiting... and waiting.

The problem? Late payments don’t just mess with your cash flow - they can mess with your client relationships too.

But here’s the good news: you can handle late payments professionally, protect your business, and keep your clients happy. Let’s break down exactly how.