What if I owe on my Taxes?

Nothing seems to scare us more than owing money to the IRS on your tax return. However, this is a common occurrence, especially once you start your own business. Figuring out what to do if you owe on your taxes can seem a bit overwhelming, so I'm here to walk you...

Quick Guide to 1099-Misc

Guide to 1099-misc A 1099-misc is an income reporting form for businesses. The most common use you will see is business owners using it to report to the IRS if they paid someone to do contract services for their business.  This is called Box 7 “Non-employee...

Employee Versus Contractor

Hiring a team is a big and important step as business owner. Making sure that you are classifying your team properly is even more important. The trend right now in online business in particular is to only use contractors and avoid the “complications” of...

How to Get Paid via PayPal using Wave Accounting Invoice

  How to get Paid with PayPal in Wave Accounting Are you a little frustrated that Wave Accounting Invoice can't accept PayPal Payments?  Here's a little Hack to make it easier to link PayPal to your Wave Invoice using a PayPal.me link.   You can use both Wave...

Automating Your Invoicing in Wave Accounting

One of the most important elements of starting and running a business is creating a system for getting paid. There are many different options out there, but one of my favorites by far is Wave Accounting. This is the first in a four-week series going through ways to...

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