13-24 of 157 results
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March Madness and Your Business Finances: Is Your Business a Slam Dunk or a Busted Bracket?
March Madness is here, and while basketball fans are busy filling out their brackets, business owners should be thinking about a different kind of strategy—financial planning. Just like in basketball, the businesses that win aren’t the ones relying on luck;… -
New BOI Deadline Announced – Is Your Business Ready?
If your business is required to report Beneficial Ownership Information (BOI), there’s an important update you need to know. On February 18, 2024, a Texas district court lifted the last major block on enforcing the Corporate Transparency Act (CTA), meaning businesses… -
Why You Must Enable Multi-Factor Authentication for QuickBooks Online
Is Your QuickBooks Online Account Secure? If you use QuickBooks Online (QBO) to manage your business finances, security should be a top priority. Cybercriminals are constantly looking for ways to steal financial data, and a simple password is no longer enough to… -
BOI Update: Supreme Court Reinstates BOI Reporting
The U.S. Supreme Court has reinstated the enforcement of the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements. This decision reverses the 5th Circuit Court of Appeals’ Dec. 26 stay, which had temporarily halted the mandate…. -
Los Angeles County Tax Relief: Extended Deadlines & Disaster-Related Benefits
The recent wildfires in Los Angeles County have devastated communities, leaving thousands dealing with property loss, displacement, and financial uncertainty. In response, both the IRS and the State of California have granted tax deadline extensions and financial relief to help… -
Ready for the Deadline? What You Need to Know About 1099s
The new year is here, and with it comes an important deadline for business owners: January 31, 2025. If you’ve paid independent contractors, service providers, or freelancers $600 or more in 2024, you may need to file a 1099 form for them…. -
End of the Year Reminders for Business Owners
The end of the year is fast approaching! It’s time to wrap up those final tasks that can make a big difference in reducing stress and preparing your business for tax season. Here’s a handy checklist to help you complete… -
You Ask, We Answer: Recording Tips and Gratuities in QuickBooks Online
For businesses where tips and gratuities are common—such as salons, spas, or other service industries—knowing how to record these amounts correctly is essential. Tips need to be accurately recorded to ensure employees are paid properly and taxes are managed. Here’s… -
Income Shifting: Save money in taxes WITHOUT working harder!
Want to save money in taxes WITHOUT working harder? One way is to shift income from a higher bracket taxpayer to a lower one or even a zero rate-bracket. Typically splitting the income between family members will save thousands in… -
How to Choose the Best Entity Type for Your Business
One of the first big decisions you’ll face when starting your business is choosing the right entity type. Each option has its own pros and cons, and the right choice depends on your goals, the size of your business, and… -
How to Solve Tax Season Stress in One Hour a Month
Tax season can be a significant source of stress for many small business owners. The sheer volume of paperwork, the pressure to meet deadlines, and the fear of making costly mistakes can make it a daunting period. However, by dedicating… -
Mid-Year Financial Health Check: 8 Detailed Steps to Ensure Your Business Stays on Track
Mid-year is the perfect time to take a closer look at your business’s financial health. By evaluating your financial position now, you can make informed decisions to guide your business toward success for the remainder of the year. Here are…