Pereira
A Plain Guide to the Balance Sheet
What a balance sheet is in plain English, a snapshot of what a business owns, owes, and is worth to its owners at one moment.…
A Plain Guide to Business Taxes
The main kinds of business taxes a business may face (profit, sales-type, employment, and more), the principle that you are generally taxed on profit not…
A Plain Guide to Break-Even Analysis
What break-even analysis is in plain English, the fixed and variable costs it rests on (including mixed costs), how the contribution-per-sale calculation works, what the…
A Plain Guide to Bookkeeping Basics
What Bookkeeping Basics is in plain English, why the basics matter for clarity, tax, borrowing, and disputes, the core ideas (income and expenses, categorising, keeping…
A Plain Guide to Business Credit
What business credit is in plain English, how a company’s own financial reputation differs from personal credit, why it matters for financing and supplier terms,…
A Plain Guide to Invoicing
What invoicing is in plain English, what an invoice should contain (both parties, a unique number, date, clear descriptions, amount, and payment terms), why prompt…
A Plain Guide to Tax-Loss Harvesting
What tax-loss harvesting is in plain English, how realising a loss offsets your taxable gains, why excess losses can be carried forward, the anti-abuse and…
A Plain Guide to Estimated Taxes
What estimated taxes are in plain English, who tends to owe them (the self-employed and anyone with untaxed income), why systems require paying tax through…
A Plain Guide to Tax Withholding
What tax withholding is in plain English, why systems collect tax at the source, how the amount withheld is decided, why you end up with…
A Plain Guide to Tax-Advantaged Accounts
What tax-advantaged accounts are in plain English, the broad families that exist (tax-deferred, tax-free-growth, purpose-specific, employer-linked), why the tax shelter compounds so powerfully over time,…
A Plain Guide to Self-Employment Tax
What self-employment tax is in plain English, why working for yourself carries an extra layer (including the employer’s old share), the essential habit of setting…
A Plain Guide to Capital Gains Tax
What capital gains tax is in plain English, how it differs from income tax, the crucial realised-versus-unrealised distinction, why holding period can change the bill,…
