
LLC vs. Corporation Payroll Rules: How You Pay Yourself
When you start a business, one of the most important decisions is choosing the right structure for your company—whether that’s an LLC or a corporation.
When you start a business, one of the most important decisions is choosing the right structure for your company—whether that’s an LLC or a corporation.
Anyone else attend a lot of Central PA graduation ceremonies and parties this past weekend? This time of year seems to be bursting with them.
The government likes to pat itself on the shoulder anytime it sort of gets things right. This year, post-tax season, they’re preening over the new,
That’s the bell marking the end of the 2024 tax season (with a few exceptions). Yes, we’re pretty whipped over here at Nailed It Business
And just like that, Tax Day is a week (or less, depending on when you’re reading this) away. Remember back in January when I said
Did you experience any good April Fool’s jokes this week? I always love to hear about a good prank. Here’s one that’s actually not a
Customer deposits and prepayments are a common part of doing business in the waste management industry, particularly for one-time projects or recurring services. However, for small business owners in Pennsylvania, managing these upfront payments can quickly become a challenge. On one hand, customer deposits provide much-needed cash flow, helping businesses…
As a small business owner in Pennsylvania, chances are you didn’t start your business because you love spreadsheets. And yet, here you are, trying to figure out why your bank balance doesn’t quite match what’s showing in QuickBooks. Don’t worry, you’re not alone. Bank reconciliation is one of those essential…
For junk removal companies, business tends to move fast. Bookings come in, trucks head out, and payments hit the bank. But when customers pay before a job is done, those dollars shouldn’t immediately hit the books as income. Mishandling deposits and advance payments is one of the most common financial…
Labor costs are one of the largest and most complex expenses for electricians. When subcontractors enter the mix, tracking those costs accurately becomes even more important. Managing payroll, paying subcontractors, and assigning the right costs to the right jobs requires more than guesswork. For electricians running multiple projects at once,…
If you own or manage a dumpster rental business, you know that keeping track of finances isn’t just about spreadsheets and receipts—it’s about staying profitable, compliant, and confident in your numbers. But even with the best intentions, discrepancies can (and do) happen in financial reports. Whether it’s a revenue number…
As a junk removal business owner, you know that vehicles are a key part of your daily operations. From hauling away old furniture to clearing out construction debris, your trucks and vans are the workhorses of your company. But just like any other business asset, your vehicles lose value over…