Differences Between Business Types

Differences Between Business Types

Are you starting a new business? Not sure where to begin when it comes to legally setting up the type of business entity you desire? First, it is important to understand the Differences between Business Types and what would matter most for your company. Depending on...
Fun Winter Activities in Wisconsin

Fun Winter Activities in Wisconsin

There is no doubt that winter in Wisconsin can be cold. But that doesn’t mean you have to hibernate all winter! There are many Fun Winter Activities in Wisconsin that can be found all over the state and some don’t even require you to go outside! Let’s take...
What Type of Company Needs to Pay Sales Tax?

What Type of Company Needs to Pay Sales Tax?

We hear you. Anything that has to do with Sales Tax can be one of the most confusing aspects of running a business! There are multiple questions on collecting, calculating, reporting, and paying sales tax and it has only grown more complicated with online business....
The Importance and Difference of Payroll Forms

The Importance and Difference of Payroll Forms

When it comes to The Importance and Difference of Payroll Forms, there are many different forms required, which can be overwhelming. There are close to 40 tax forms listed on irs.gov that fall under the ‘filing and paying business taxes’ section, alone!...
Spring in Wisconsin

Spring in Wisconsin

One of our favorite times of the year in Wisconsin is Spring! The outdoors can be enjoyed again without bundling up and fun summer attractions and hot spots in the state are soon ready to be enjoyed. This spring seems even more special, as COVID numbers continue to...
Stuck Home This Christmas? Enjoy Our Favorite Movies and Drinks!

Stuck Home This Christmas? Enjoy Our Favorite Movies and Drinks!

While the holiday season may look a lot different this year, there is still a lot of fun to be had. If you are anything like our family, no matter where you are, there are traditions to continue. This includes fun holiday movies, along with some delicious holiday...
What Are Estimated Taxes?

What Are Estimated Taxes?

When you have your own business (and are not taking traditional payroll), there is nothing worse than getting to the end of the year, preparing your taxes, and realizing that you owe WAY more than you anticipated. The government is not taking out taxes from your pay...
The Difference Between a Balance Sheet and P&L

The Difference Between a Balance Sheet and P&L

Recently, we discussed Why Debt Payments and Owner’s Draws Don’t Show Up on a P&L, but Will be on the Balance Sheet. Since then, we’ve had a few questions on the major differences between the balance sheet and P&L statements. Therefore, we thought we’d dig in...