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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How to File IRS Form 8594: Asset Acquisition Statement
When Form 8594 Is Required, The Seven Asset Classes, and Why Both Parties Must File.
How to File IRS Form 8621: Complete Guide to PFIC Reporting
Spotting one, the elections, and the records that span years.
How to File IRS Form 8802: US Tax Residency Certificate Application
What Is Form 8802, Who Needs Form 8802, and What Is Form 6166.
How to File IRS Form 8821: Tax Information Authorization
What Is Form 8821, Form 8821 vs. Form 2848: Key Difference, and Common Use Cases for Form 8821.
How to File IRS Form 8854: Expatriation Tax Compliance Guide
The certification, the planning window, and what continues after.
How to File IRS Form 8867: Paid Preparer's Due Diligence Checklist
What it certifies, and how to make it part of the engagement.
How to File IRS Form 8889: HSA Contributions and Deductions
What Is Form 8889, Who Must File Form 8889, and HSA Eligibility Requirement.
How to File IRS Form 8915-F: Qualified Disaster Retirement Distributions
Qualifying, the multi-year reporting, and whether to repay.
How to File IRS Form 8949: Sales and Other Dispositions of Capital Assets
What Is Form 8949, Who Must File Form 8949, and Short-Term vs. Long-Term.
How to File IRS Form 8959: Additional Medicare Tax
Why withholding rarely matches, in either direction.
How to File IRS Form 926: Reporting Transfers to Foreign Corporations
Which transfers trigger it, and why valuation is the real work.
How to File IRS Form 940: The Employer's Annual FUTA Tax Return
Who Must File Form 940, FUTA Tax Rate and Wage Base, and The FUTA Credit.
How to File IRS Form SS-4: Applying for an Employer Identification Number (EIN)
Who Needs an EIN, Three Methods to Apply, and Information Required on Form SS-4.
How to File Previous Years' Tax Returns: A Step-by-Step Guide
Why You Should File Late Returns Even If You Cannot Pay and If You Are Owed a Refund: File Quickly.
How to File a Business Tax Extension Online in 2026
What Is a Business Tax Extension, Form 7004: The Business Extension Form, and How to File Form 7004 Online.
How to File a Business Tax Extension: Form 7004 Complete Guide
Overview: Business Tax Extensions Are Entity-Specific, Extension Deadlines by Entity Type, and How to File Form 7004.
How to File and Pay California's LLC Tax
The annual fee, the gross receipts charge, and the deadlines behind both.
How to Find a Bookkeeper: Your Essential Guide
Where to look, what to pay, which questions separate a good bookkeeper from a cheap one, and how to check before you commit.
How to Form a Delaware Company from India: LLC or C-Corp
Two Paths: LLC or C-Corp, Option A: Delaware C-Corporation for Indian Founders, and Option B: Delaware LLC for Indian.
How to Form a Delaware LLC from India: Complete Guide
Can an Indian Resident Own a US LLC, Why Delaware, and Step-by-Step: Forming a Delaware LLC from India.
How to Incorporate a Company in the USA: Step-by-Step Guide
What Does Incorporation Actually Mean, Step 1: Choose Your Entity Type, and Step 2: Choose Your State.
How to Open a Company in the USA from India: Step-by-Step Guide
The structures, the steps, and dealings between the two entities.
How to Open a Stripe Account in India: What Indian Founders Need to Know
Two Different Stripe Products: India vs US, Option A: Stripe India Account, and Option B: Stripe US Account (via US.
How to Read a Balance Sheet: A Step-by-Step Guide for Small Business Owners
What each section tells you, and what to look for first.
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.