Elizabeth Pandolfi

Bench's Shawna Laker, manager of our Bookkeeping team, participated in a Q&A panel on how to recreate financial records.

Get a handle on vehicle-related deductions and reduce your tax bill. In this article, we simplify the process, outline eligible deductions and essential criteria. By the end, you'll be equipped to drive your small business finances with confidence.

This guide explains 2025 partnership tax deadlines, including the March 17 filing date, extensions, and quarterly payments. Stay compliant, avoid penalties, and file with ease.

Both the Democratic and Republican candidates for president have pledged to make certain changes to the tax code that will affect small business owners. Here’s a look at the changes both Harris and Trump have proposed.

Explore tax saving strategies with our guide on repair and maintenance deductions! Identify eligible expenses, optimize your claims, and elevate your tax savings. Empower yourself with expert advice to navigate tax deductions efficiently.

Go green, save big! Unlock up to $40,000 in tax credits with the Commercial Clean Vehicle Tax Credit. Navigating the rules might seem tricky, but our simple guide breaks down the steps, from picking the right vehicle to maximizing state incentives.

Once your tax return has made it from your hands to the hallowed halls of the IRS, all you have to do is wait—for your refund, if you’re owed one, or for any notifications of errors or miscalculations. So what’s happening at the IRS during this time? Let’s take a look at the post-filing journey of your tax return, from the moment you file to when it’s been fully processed. ‍

In this article we explain the difference between tax code and tax rate, emphasize the role of tax professionals, and discuss recent changes affecting small business tax deductions and credits.

An industry-by-industry guide to lowering your tax bill by maximizing the tax deductions available to you in 2023.

This comprehensive guide reveals how small businesses, known for donating 250% more to charities than larger corporations, can leverage these donations for tax deductions. Learn step-by-step how to deduct these contributions on your taxes, understand the importance of proper documentation, and explore the nuances of various types of donations.

Small business owners, take note: The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) recently introduced a new rule, effective Jan. 1, 2024, that requires entities registered in or doing business in the U.S. to report their beneficial owners.

Setting up a foreign-owned business in the U.S. requires lots of tax planning. Here are some of the forms that most foreign-owned U.S. businesses will need.

A business partner could be just what you need to take your business to the next level. Here's how to find one and make the most of your partnership.

The U.S. economic engine has slowed, but there's still opportunity to make hay. In this article, we look at three key ways entrepreneurs can build resilience and stay agile by adapting to market change. From managing cash flow, deepening relationships with existing customers, to investing in automation, these are essential strategies for finding your niche and tapping into success.

Bria uses Bench to keep herself accountable and make decisions based on metrics and numbers, not emotion. Bench’s regular reports and real-time financial dashboard allow Bria to see where her business stands every time she logs in. In fact, Bria has found Bench to be so imperative, that she’s incorporated it into her Black Women Sales Academy.

Chez Realty's co-founders discuss how partnering with Bench for bookkeeping and Side for brokerage helped streamline operations, improve financial health, and manage real estate fluctuations. Learn about their transition from QuickBooks, the benefits of real-time financial visibility, and their journey from solo agents to business owners.

“Without (real time financial data), I’d just be going off on my own guesswork. You can go off what you’re achieving, but when it actually comes to your books, and you’re saying, ‘Ok, well what’s my spend breakdown?’ and ‘What’s my cash flow?’ then you can make the decisions that really move your business forward,” says fashion entrepreneur McKenzie Thompson.

Step into the world of Stephen Works, a dynamic gaming entrepreneur mastering the art of juggling multiple income streams with SpringSims, LLC. From his early days sharing his love for the Sims to creating a buzz on Twitch and YouTube, Stephen's journey is a tale of growth, innovation, and smart business strategies. Explore how he skillfully manages his finances using Bench and Freshbooks, and gain valuable insights on leveraging video and networking for business success.

Jessica Irwin took a creative leap into entrepreneurship brought Bench along as a trusted partner even before the business officially launched. Read how Bench's expert financial guidance and tools helped Violet Moon Jewelry navigate the complexities of business finances, from basic bookkeeping to strategic investment decisions.

Paloma Concordia talks about money mindset and why investing in yourself and tools like Bench Accounting and FreshBooks always pays off. This California-based public relations and brand expert is looking at the next chapter of her career and leveraging Bench's financial insights to stay prosperous and agile on the long, winding path to retirement.

Raised in a family of small business owners, Lyndsey always aspired to be an entrepreneur. Learn how she successfully transitioned from a full-time job to entrepreneurship, and how, with the help of Bench for bookkeeping, she focused on her core mission.

Patty Dominguez, a successful business coach and entrepreneur, credits Bench Accounting for its crucial role in her financial management journey. From her corporate disconnect to entrepreneurial success, Patty emphasizes the importance of staying in her "zone of genius" and outsourcing tasks like bookkeeping to Bench. With Bench's real-time data and financial reporting tools, she keeps a close eye on her business's financial health, and the platform helps her manage expenses and subscriptions.

Ross Chanowski partnered with Bench and Gusto to streamline accounting, HR, and payroll for NuMarket's restaurant crowdfunding, enabling more time to support local eateries. Explore their journey from a pandemic-born idea to efficient business growth.

Learn how Bench's bookkeeping support enabled Natasha Eubanks, in her journey as an entertainment blogger, to overcome financial challenges and establish a digital haven for Black Hollywood enthusiasts.

How seasoned entrepreneur Steve Schmidt bounced back from a financial setback with the help of Bench Accounting. Explore his inspiring journey and learn how professional bookkeeping services can be a game-changer for entrepreneurs.

Find out how Rise, led by Kahl Orr, stayed financially nimble with Bench's help, paving the way for smart decisions and gaining valuable entrepreneurial insights.

In his journey as a digital advertising expert at ascendiMedia, Trevor Sheffield found a way to double spending and nurture customer loyalty. Discover how he achieved this feat by partnering with Bench for bookkeeping and gain valuable entrepreneurial insights along the way.

Learn how partnering with Bench's bookkeeping platform empowered attorney Taylor Tieman to focus on her strengths, grow her firm, and provide exceptional legal services. Explore the transformative journey of streamlined financial management.

With an emphasis on systems and tools for her clients, Kamila Gorina knew she’d need her own tools in place in order to grow her business the way she wanted to. One of those ended up being Bench.

Learn how digital marketer Myca Williamson combines business strategy with creative storytelling for small businesses. Discover how Bench streamlines finances, saving time and enabling focus on creative pursuits.

One of Bench's partners, Bob Crane of Fix Your Tax Problem, got into the tax resolution business because he knew it firsthand.