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Audits can be a bit scary, but to get you prepared for the just-in-case scenario, we’re giving you a breakdown of what a business tax audit is, how it’s triggered, and how you can (hopefully) avoid one.

Selling the business that you worked so hard to create and build is a big choice, and one that comes with: planning; goal setting; searching; valuations; and a whole lot more!

A DBA is sometimes called your business’s assumed, trade, or its fictitious name. So, why the need for an alter ego or, in business speak, a DBA?

To prepare you for the influx of customers and inquiries, impacts to inventory, and all the other opportunities that can come with every shopper’s favorite holiday, we’ve made a list of seven proactive and practical Black Friday tips for small-but-mighty businesses.

We are honored to announce the six recipients of the Elevate Creatives Fund who will each receive a $20,000 USD grant, along with complementary accounting coaching from Wave’s in-house advisors.

Everything you need to know about tax deductions for the self-employed, common examples of what you can deduct, and how to maximize those deductions.

Let's dig deeper into our research, go over how to set up automatic payments, and give you some tips that’ll set you up to get paid faster!

Six easy steps to filing your self-employment taxes are mandatory, so that you can get them done on time and correctly. Sounds simple, doesn’t it?

A profit and loss statement is all about financial health. It shows a company’s gains and expenses over a set period of time. But it doesn't work alone...

Although tax season is no walk in the park, it doesn’t have to be the bane of your business’s existence. Here’s a sneak peek at the four things you’ll need to do when filing small business taxes.

The ins-and-outs of double-entry bookkeeping, including: why it’s important; how to do it; and the nitty-gritty when it comes to the rules of this accounting system.

There’s a common question in business: accounting vs bookkeeping…what’s the difference? We’re here to answer this age-old question so you can rest easy.

Have questions relating to loan payment tracking? We’ve got lots of answers; all explained simply and quickly so you can get back to doing what you do best: running your business like a boss.

Most business owners will need capital at some point to either get operations off the ground, grow, or weather a tough time. Here are 5 of the most common reasons businesses use financing.

Small business owner? Then you might be familiar with cash basis accounting—even if you don’t know it by name. So, let us introduce you.

The method of accrual basis accounting records your financial transactions based on when they’re incurred, not when cash is exchanged.

Bookkeeping is important because it gives you insight into where your money is going and how your business is performing, helping you make smart business decisions.

An income statement is one of the most important financial statements for small business owners, so it’s key to understand what an income statement is, what its purpose is, and how to read one.