Kaizen CPAs BLOG

Short, informative articles to help you manage your business with confidence.

Stay in the know

Kaizen CPAs team members celebrate their participation in VISION Hi-Tech Training & Expo 2024.

KAIZEN CPAs Attends VISION Hi-Tech Training & Expo

We had an amazing time at this year's VISION Hi-Tech Training & Expo, an event for Automotive Professionals! Our team had the opportunity to connect...

Read More
Understand your balance sheet and make informed decisions for your business.

The Importance of Understanding the Financial Statement Balance Sheet

Understanding the ins and outs of the financial statement balance sheet can seem daunting. Whether you're a business owner or simply interested in...

Read More
Pass through entity taxation cans save business owners thousands.

Understanding Pass-Through Entity Taxation: Save Thousands in Taxes

Pass-through entity taxation is a concept that might sound complex at first, but it's actually a game-changer for small business owners. In this...

Read More
Learn key tips and strategies to maximize your profit when selling a small business.

What to know before selling a small business

Are you thinking about selling your business? If retirement is on your horizon, you're not alone. At one time, many small business owners are...

Read More
Boost sales and revenue for your small business with these 5 powerful strategies.

5 Tips to Increase Sales and Revenue for Small Businesses

Sustainable small business growth doesn't happen by chance. The most successful business owners clearly define their goals, create a plan, actively...

Read More
Learn how to comply with the beneficial ownership information reporting requirements and prevent financial crimes in your small business.

Demystifying BOI: Guide to Beneficial Ownership Information Reporting

Many small business owners may feel overwhelmed at the thought of yet another reporting requirement. However, BOI, or beneficial ownership reporting...

Read More
Make the Most of End of Year Bonuses for Your Employees

Make the Most of End of Year Bonuses for Your Employees

Year-end planning is focused on reducing taxable profit. One popular way to reward employees and mitigate taxes is by issuing year-end bonuses. ...

Read More
Maximizing Depreciation for the Best Tax Position

Maximizing Depreciation for the Best Tax Position

When it comes to maximizing depreciation deductions before the end of the year, timing is critical. It's important to start thinking about this well...

Read More
Differentiating between good and bad debt can help you make informed decisions to safeguard your financial health.

Managing, Reducing and Controlling Debt

Debt can be a double-edged sword when it comes to its impact on a business. It has the potential to either propel a company towards success or plunge...

Read More
Itemizing and strategic planning are key for maximizing tax benefits of charitable donations.

How Charitable Donations Impact Tax Deductions

When it comes to charitable donations, there are various ways businesses can approach it. One common question is about providing services to...

Read More
IRS announces new income tax brackets for 2024

IRS announces new income tax brackets for 2024

It might seem like a long way off, but where tax planning is concerned, earlier is better. To help us get a get a jump on our tax planning for 2024,...

Read More
Maintaining accurate business records is crucial for maximizing deductions.

Denied Deductions for Inadequate Business Records

In order to claim a deduction, the federal tax law requires that you provide evidence for a trade or business expense. This means you must show the...

Read More