What Are Bookkeeping Debits, Credits, and Chart of Accounts?
This is Part 2 in our “All About Bookkeeping” series. If you missed our first article check it out here: What Is Bookkeeping and Why Do I Need Bookkeeping For My Business? Now that we have a solid foundation of what bookkeeping is, we want to dig a little deeper. What are debits and credits […]
What Is Bookkeeping and Why Do I Need Bookkeeping For My Business?
This is Part 1 in our “All About Bookkeeping” series. We hear from business owners often: “What is Bookkeeping?” “Why do I need to do bookkeeping in my business?” Most do not understand the true value that bookkeeping can bring to your business so we are set out on a mission to explain to you […]
On A Positive Note: A Grand Perspective
AUTHOR: Chris Gorman – JETRO Accountant This idea came without much personal forethought… During our JETRO annual retreat (held virtually this year) we toss around ideas to help inspire our clients or help inspire us! My idea was to provide a blog or writings that would help with motivation or productivity or positivity or a combination of […]
Everything You Need To Know About S Corporations
We get so many questions on S Corporations so we decided to do a 6 part series on everything you need to know about them, on both our Blog and Small Business Tax Savings Podcast. Outlined below is an easy access guide to each topic, blog post, and Podcast episode. 1. What Is a Pass […]
I Have An S Corporation, Now What Do I Need To Know?
This is Part 6 in a series of ours. If you have not read our previous articles do that first: What is a Pass Through Entity? What Is An LLC and How Is It Different From An S Corporation? What Is An S Corporation And Why Should I Elect To Be One? What Are The […]
What Is A Reasonable Compensation For An S Corporation Owner?
This is Part 5 in a series of ours. If you have not read our previous articles do that first: What is a Pass Through Entity? What Is An LLC and How Is It Different From An S Corporation? What Is An S Corporation And Why Should I Elect To Be One? What Are The […]
What is an S Corporation and Why Should I Elect To Be One?
This is Part 3 in a series of ours. If you have not read our previous articles do that first: What is a Pass Through Entity? What is an LLC and How Is It Different From An S Corporation? In this article we are going to talk about what an S Corporation is and why […]
What Is An LLC and How Is It Different From An S Corporation?
If you have not already read our article “What is a Pass Through Entity?“, do so now and then come back here! This is one article in a multi part series we are doing on S Corporations. Before we dig too deep on S Corps we need to discuss the alternative options. Many people start […]
What is a Pass Through Entity?
Most businesses do not have to pay income taxes on the corporate level. Instead the profits from their business flows through (or passes through) to the owners of the company where it is eventually taxed. Types of Pass Through Businesses Sole Proprietor Partnership Single Member LLC S Corporation An example of a non pass through […]
JETRO Goes Gusto Gold
When JETRO started way back in 2013 we were looking for a modern, cloud based solution for the payroll side of our business. We spent time researching and testing all the various options out there and just could not find a good fit that matched our model: modern, robust, and simple to use. Luckily in […]