Found Strengths No monthly fees Unlimited transactions No overdraft fees Built-in tools for budgeting and payments Send unlimited invoices Weaknesses Limits on cash deposits Limited customer service during evenings and weekends No check-writing capabilities No outgoing wire transfers More small business owners are shying away from traditional banks in favor of banking fintechs that offer … Read more
StellarFi Strengths May improve your credit score within the first few months Reports to the major credit bureaus No hidden fees, deposits, or interest charges Access to free financial and credit education Weaknesses No free plan Limited customer service availability Doesn’t report past payments before enrollment Still a young company StellarFi is a credit builder … Read more
Tax preparation is one of those services where prices can vary a lot. As a general rule, the more you do, the less it will cost. The more an accountant does, the more it will cost. It’s not unreasonable for a professionally prepared tax return to cost several hundred dollars or more. How much this … Read more
As soon as your business starts making money, you must decide how to pay yourself. Paying yourself isn’t complicated, but there are tax considerations to be aware of. There are two main ways to pay yourself as a business owner: by taking a salary or by taking an owner’s draw — or a combination of … Read more
If you’re a business owner sitting on a significant amount of excess cash, it’s probably time to add a business savings account to your list of financial tools. But with so many accounts to choose from, how do you know which one is right for your business? The best business savings accounts offer attractive yields, … Read more