The Profitjets Blog
Finance Writing for People Running the Business
Practical articles on bookkeeping, accounting, tax, payroll and financial strategy, written for founders and operators rather than for other accountants.
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What is Bookkeeping: A Step-by-Step Guide
What bookkeeping covers, how it differs from accounting, and the five-step process behind a clean set of books.
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A Guide to Federal Unemployment Benefits: What You Need to Know
How they are calculated, taxed, and what employers see.
Bookkeeping vs Payroll: Key Differences Explained
What each function covers, where they overlap, and why running them on one system removes most month-end friction.
Differences Between Exempt vs Nonexempt Employees
The tests that decide it, and what getting it wrong costs.
Employee vs. Employer Payroll Taxes: Key Differences
Who pays what, the true cost of a hire, and the deposit risk.
FUTA: Everything Employers Need to Know About the Federal Unemployment Tax Act
How the credit works, who is covered, and what reduces it.
Gross Pay vs Net Pay: Key Differences and How to Calculate
What sits between the two, and why the employer cost is higher still.
How Unemployment Benefits Are Calculated by State
How the weekly amount is worked out, and why states differ.
Local and State Minimum Wages: Employer's Guide for 2026
Which rate applies, and how to handle a change mid-period.
Payroll Management: A Complete Guide for 2026
What it covers, how to run it, and where errors actually start.
W-4 vs W-2: An In-Depth Comparison
One sets withholding, the other reports it, and both need checking.
What Is the FICA Tax: Social Security and Medicare Tax
What it covers, how it is calculated, and who pays both halves.
What we write about
Eight topics we come back to
Pick a topic and the library above filters to it.
Bookkeeping
Clean books, reconciliations, chart of accounts and month-end close.
Accounting
Close process, financial statements, cash against accrual, and reporting that gets used.
Tax
Preparation, planning, entity choice, deductions, quarterly estimates and the IRS forms behind them.
CFO
Forecasting, cash flow, fundraising readiness and the executive roles founders confuse.
Payroll
Withholding, payroll taxes, W-2s and 1099s, and multi-state teams.
Metrics
The ratios and statements that tell you what is actually happening in the business.
Software
QuickBooks, Xero, NetSuite and the tools that feed them.
Business Finance
Entity formation, banking, budgeting, funding and getting the finances in order.
Would You Rather We Just Did It?
Reading about reconciliation is useful. Not having to do it is better.