Blog

The latest industry news, interviews, technologies, and resources

November 24, 2025

The Best Invoicing Software for Small Businesses 2025

Explore the top invoicing software options for small businesses in 2025 to improve billing efficiency, automate payments, and support business growth.

10 min

a small business field service professional managing invoicing on-site,

What is a Tax Invoice? How It Works and When You Need One

Learn what a tax invoice is, why it matters for compliance, and how to create one correctly.

August 6, 2025

May 7, 2025

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9 min

Bookkeeping vs. Accounting: What Are the Differences?

This guide explores the key differences between bookkeeping and accounting, explaining each role's responsibilities, costs, required skills, and how they support business growth. Learn which professional your business needs based on its financial goals and complexity.

August 6, 2025

May 7, 2025

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7 min

Tofu Took the Hassle & Stress Out of Running My Business

Personal story by Mike, car mechanic. Mike was delighted to find that Tofu took the hassle and stress out of managing his business, and he was able to free up more time in his day.

August 6, 2025

May 9, 2025

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3 min

The Accounting Cycle Explained: Everything You Need to Know

This guide breaks down the 8 essential steps of the accounting cycle, from recording transactions to closing the books. Learn how each step supports accurate financial reporting, reduces errors, and helps small businesses stay organized and compliant.

August 6, 2025

May 4, 2025

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8 min

Accounting Equation: How It Works & Why It Matters

This guide breaks down the accounting equation—Assets = Liabilities + Equity—and explains how it ensures balanced books, supports accurate financial statements, and underpins the double-entry system. Whether you're a business owner or finance student, understanding this equation is key to tracking your company’s financial health.

August 6, 2025

August 4, 2025

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7 min

What Is Effective Tax Rate? A Guide for Individuals and Businesses

The effective tax rate is the average percentage of income paid in taxes, providing a clearer picture of your overall tax burden than marginal rates.

August 6, 2025

July 15, 2025

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15 min

Filing Business Taxes for an LLC for the First Time

Step-by-step guide to filing LLC taxes, covering classifications, deadlines, and preparation tips.

August 6, 2025

August 4, 2025

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14 min

What Is a Good Profit Margin? A Practical Guide for Businesses

This blog breaks down what makes a good profit margin, how to calculate it, and ways to improve your business’s bottom line.

August 6, 2025

July 28, 2025

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12 min

How to Calculate Cash Flow: A Step-by-Step Guide

Learn how to calculate cash flow and its types to improve your business’s financial stability and growth. This step-by-step guide will help you understand and manage your cash flow effectively.

August 6, 2025

July 24, 2025

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6 min