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Finance David Lim Finance David Lim

Reimbursement of Business Expenses

If you (the business owner) or your employees need to use a personal credit or charge card (or even cash) for legitimate business-related expenses, complete a business expense report with an itemized list of the transactions.

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Business David Lim Business David Lim

S-Corps and New York

If you form a Limited Liability Company (LLC) which has elected to be taxed as a sub-chapter S or S-Corp or you form a corporation which has elected to be taxed as a sub-chapter S or S-Corp at the federal level, keep in mind the following as it relates to New York.

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Finance David Lim Finance David Lim

Getting On The Right Track For Year-End

Now that we’re in Q4 and year-end is quickly approaching, it’s a good idea for small business owners to touchbase with their CPA or tax professional to make sure their business is on the right track for year-end closing.

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Finance David Lim Finance David Lim

Opening A Business Checking Account

When you’re ready to open a business checking account for your small business and have gone through the exercise of reviewing banks and their offerings, one of the most convenient ways of opening an account will be to do so online.

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