View all Business Tips and Guides Car Tax Deduction: How Salon Small Businesses Can Take Advantage Of It Your salon may have been missing out on an important tax deduction but it is tricky when you can take advantage of it. This article discusses how to calculate your deduction, what records to keep, [...]
View all Business Tips and Guides Quickly Import Bank TransactionsWe want to make your bookkeeping effort as easy as possible at Salon Accounting. Instead of manually entering in all of your expenses, we partner with financial security company Plaid to connect to your bank and credit card providers. To get started importing your bank [...]
View all Business Tips and Guides Accepting Credit Card Payments in your Salon It's becoming more common for clients to have a credit card on hand but sometimes they *forget* cash. Streamline your payments by accepting credit cards or sending your clients a link to pay. This process starts out on Salon Accounting [...]
View all Business Tips and Guides Salon Accounting Bookkeeping The first step to get started with Salon Accounting is to simply jump into the trial by registering for an account. No credit card is required and you can cancel at anytime. Jump over to the Register page to create an account and get started. [...]
View all Business Tips and Guides Does My Salon Need an EIN Number? An employer identification number (EIN) is a nine-digit number assigned by the IRS. It's used to identify the tax accounts of employers and certain others who have no employees. The IRS uses the number to identify taxpayers who are required [...]
View all Business Tips and Guides Salon Startup Expenses and Ongoing Expenses Throughout the course of owning your business, you're bound to come across the following accounting terms. By decoding these accounting terms, you will be able to understand the lingo that describes the state of your business. If you can understand the [...]
View all Business Tips and Guides 6 Figure Salon – How to Make $100k+ In Your SalonHow would you like to make more than $100,000 a year hairdressing? If you are thinking that this is impossible, think again. It's possible and it does happen! Hair salon owners earn on average $53,150 per year including tips. [...]
View all Business Tips and Guides Prison Time for Avoiding Paying Salon Taxes The United States is one of the few countries in the world that has a federal income tax. This means that you must pay taxes, no matter where you live and work, and file your annual returns with the Internal [...]
View all Business Tips and Guides Startup and Ongoing Salon Expenses If you're looking to start a hair salon, you won't need a lot of startup capital but the list of initial expenses can add up quickly. You could get a small loan from a bank or use personal funds to start your [...]
