Wajiha Danish, Author at Monily

Wajiha Danish

February 10, 2025
How to Change from Sole Proprietor to LLC

How to Change from Sole Proprietor to LLC: A Step-by-Step Guide

So, you’ve been running your business as a sole proprietor, and now you’re thinking about leveling up by switching to an LLC? Smart move! An LLC […]
September 27, 2024

How to Save with Turo Auto-Tax Deductions: A Step-by-Step Guide for Hosts

Alright, buckle up, Turo hosts! We’re about to embark on a tax-saving road trip, and trust me, you’re going to want to ride shotgun for this […]
August 23, 2024
Explore Gusto Benefits for Streamlined Payroll Management

Benefits of Gusto for Streamlined Business Payroll Management

Managing payroll can be one of the most challenging aspects of running a business. With complex regulations, varying tax requirements, and the need to ensure every […]
August 15, 2024
boi reporting

Understanding BOI Reporting: A Guide to Filing a BOI Report

Corporate governance and compliance can get confusing quite fast. Often, the tasks that are the most critical might often be overlooked. One such task is BOI […]
July 19, 2024
When to Hire Interim CFO for Startups

When to Hire an Interim CFO for Your Startup?

Startups are popping up everywhere nowadays. That doesn’t mean all of them will turn out to be successful. As startups grow, managing a business and its […]
June 12, 2024
tax consequences of converting llc to c corporation

Converting from LLC to C Corp: Key Benefits and Tax Implications Explained

When considering a business restructuring, it is critical to understand the tax consequences of converting an LLC to a C corporation. Due to its flexibility, an […]
May 23, 2024
Operating Cycle Formula The Only Guide You’ll Need!

Operating Cycle Formula: The Only Guide You’ll Need!

Tracking your company’s operating cycle throughout the year is often the best way to gauge how your business is performing and whether it is headed towards […]
May 16, 2024
What is a suspence account

What is a Suspense Account: Definitions | Examples | Purpose

No other profession in the world requires the level of accuracy often expected from an accountant. Yet there are times when transactions can’t be fully revealed […]
May 5, 2024
bookkeeping for ecommerce

Bookkeeping for E-commerce: A Detailed Guide

Everyone loves seeing that profit climb each year, but no one really likes to spend hours deep diving into all their entries from last year. As […]