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Making Sense of Your Balance Sheet

A balance sheet is a financial statement that summarizes the financial status of your business for a particular time. Simply, a balance sheet indicates your business’ assets, shareholder equity, and liabilities. Every transaction you make in your business affects the balance sheet in one way or another. Understanding how to read and decipher this financial […]

Written by prositesfinancialNov 30 • 2 minute read

How to Craft a Better Business Pitch

Creating a business pitch can be one of the most challenging parts of the early business development process. You want to introduce potential investors to your business idea and show them why they should put their hard-earned money into your company. As such, you need a persuasive business pitch that will promote your ideas effectively and instill […]

Written by prositesfinancialNov 23 • 2 minute read

Record-Keeping Tips for Smoother Business Tax Prep

Every company, regardless of size, must pay taxes. While taxes are a fact of life for business leaders, they can quickly become a significant burden without complete and accurate financial records. Missing or erroneous documents can lead to tax errors that yield serious fines and penalties for your business. To avoid these pitfalls, you need […]

Written by prositesfinancialNov 16 • 3 minute read

Avoiding Common Tax Problems for Gig Economy Workers

The gig economy refers to the jobs and workers that fall outside of the traditional long-term employment structure. Freelance professionals, contractors, and part-time workers for mobile service providers like Lyft, UberEats and Wag! are all a part of the gig economy. This form of work has become popular in recent years, driven by workers’ desires […]

Written by prositesfinancialNov 9 • 3 minute read

Answering the Top Tax Questions for Americans Working Abroad

For many Americans, the prospect of working abroad is as exciting as it is burdensome. While moving to a new country for work presents exciting new experiences and opportunities, it also presents new tax requirements. As a US citizen living and working outside the country, your earnings are subject to mandatory IRS taxes. Here are […]

Written by prositesfinancialNov 2 • 2 minute read

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