We’ve seen it time and time again—two business owners in the same industry, offering similar services, but with wildly different outcomes. One is constantly behind, stressed about money, and unsure what’s going on with their finances. The other? Focused, confident,…
Running a small business is no easy task, and bookkeeping often gets pushed to the bottom of the to-do list. But keeping accurate financial records is essential to maintaining cash flow, preparing for tax season, and making informed business decisions….
We filed. You exhaled. The numbers are in, and the deadline passed — maybe with a few coffee-fueled late nights. But now that tax season is behind us… what happens next? Here’s the thing: April might be the finish line,…
Spring isn’t just for deep-cleaning your home—it’s also the perfect time to tidy up your finances before tax season ends. Whether you’re a small business owner, freelancer, or simply managing personal finances, taking a little time now can help you…
St. Patrick’s Day has come and gone, but if you’re still hoping to improve your business finances, it’s not too late. While luck might play a role in some things, keeping more of your hard-earned money comes down to smart tax…
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…
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….
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…
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….
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…
Investing for your grandchildren’s future is one of the most generous and thoughtful gifts you can give. Whether it’s a college fund, a nest egg for their first home, or just a financial cushion for whatever life throws their way,…
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…