January 2026

Understanding how money moves in and out of a business is easier when the accounting method matches the way the business actually operates. Many individuals and small business owners start out with basic tools, track income as it hits the bank, and record expenses when they’re paid. It feels simple and familiar.

Your first year of freelancing probably felt liberating. No boss, no commute, just you and your laptop making things happen. Then tax season rolled around and you got hit with a bill that made your stomach drop.

Managing money gets more complicated the moment a side project, a part-time venture, or a full small business enters the picture. Many people start out with good intentions, then realize how easy it is for personal and business spending to blend together. A grocery run includes printer paper.