Resources from Pennsylvania CPAs for starting, funding, and growing your small business.
People change jobs for many reasons. But if you are looking for something that you’ll truly enjoy, perhaps making a business out of your hobby is the way to go. Before you do, first you need to know if the idea is viable, then you should understand the tax consequences.
The vast amount of analytical work performed in today’s business environments is through the use of rudimentary spreadsheets that typically focus on some level of retrospective review of budget to actual performance. Still, business owners can manage three common areas of concern through some relatively simple data analysis.