The Balance Pro Blog

When you deposit over $10,000 in cash into your bank account, the bank is required to notify the government of the transaction.

For most people, rent is not tax-deductible. However, if you're self-employed, it can be a significant source of tax savings if you treat it as a business expense.

Are you wondering if you can deduct your gym membership as a business expense on your taxes? Read this article to find out.

In this article, we will delve into the technique for acquiring a duplicate of your eBay receipt, enabling you to keep your financial records organized.

If you generate income through your website, or managing multiple clients as a freelancer, chances are you'll receive payments via PayPal. In this guide, we'll explain who gets a PayPal 1099-K, what to do with it, and how to file your self-employment taxes.

The task of scanning numerous new receipts or sorting through your existing collection of invoices can be time-consuming and expensive. Luckily, receipt organizer software provides an efficient solution for storing and organizing your receipts digitally.

Bookkeeping relies on debits and credits to ensure that a company's financial records are balanced. Debits are used to increase asset or expense accounts, while decreasing liability, revenue or equity accounts. Credits do the opposite.

In this article, we'll explore the different options available for receipt scanning and delve into the reasons why this technology has become so popular. Most importantly, we'll take a look at the benefits of using a receipt scanner app.

Transferring funds from PayPal to your bank account is a relatively straightforward process. Keep reading to learn more about how to do it safely and securely.

Effective bookkeeping is essential for the success of any small business. It involves organizing and categorizing all financial transactions to get a clear picture of the flow of money in and out of the business.

Whether you accidentally paid the wrong person or the deal fell through, here's a guide on how to cancel a PayPal transaction, and what to do if cancellation isn't possible.

PayPal provides a simple and convenient way to track all your transactions, and it also allows you to print receipts for your records. In this article, we will guide you on how to print a receipt from PayPal.

It's no surprise that self-employed individuals strive to minimize their taxable income as much as possible. A frequently asked question is whether they can claim the standard deduction while still deducting business expenses.

The break-even point is a financial term that refers to the level of sales at which a business covers all its costs and makes neither a profit nor a loss. It is the point where the revenue generated by the business equals the total costs incurred.

In this blog, we'll explore some of the best websites for selling artwork online, providing artists with an easy and convenient way to sell their creations and earn money directly.