Why some of our team is overseas
The world is shrinking, especially when it comes to business. These days it's not uncommon to have branches of your company exist outside the US....
tax strategy (3)
CPA vs. QuickBooks Live: Which Bookkeeping Solution Is Right for You?
QuickBooks can be a vital tool for small business owners, office managers, or anyone who needs to log financials and back-office tasks. It’s so...
What's the difference between a monthly accountant and an annual accountant?
This time of year, everyone needs an accountant, but what’s the actual difference between utilizing a monthly accountant VS an annual accountant?...
Why you shouldn’t wait until ‘crisis mode’ to hire an accountant
Tell us if you’ve heard this one before. It’s February (or maybe even March), and you’re scrambling to get some poor, beleaguered accountant to get...
What does your accounting firm actually do for you every month?
Hiring an accounting firm is one of the smartest things you can do for your business. At least that’s what people say, but is it true? What do those...
What you need to know about the Employee Retention Credit in 2022
The Coronovirus Aid, Relief, and Economic Security (CARES) Act contains a business relief provision known as the Employee Retention Credit (ERC), a...
How to use the pass-through entity tax in Wisconsin or Illinois
The Tax Cut and Jobs Act of 2017 had many long-ranging implications, but perhaps none more significant than its effect on itemized deductions and how...
S-corp, Partnership, or C-corp: Which is right for your small business growth?
According to the Bureau of Economic Analysis, S corporations account for 76.8% of corporations with less than 500 employees and 37.3% of corporations...
Augusta Rule: How to Master this Tax Loophole
The Masters Tournament, held in Augusta, Georgia, is one of the most prestigious PGA golf tournaments. It’s so widely attended that people will rent...
Employee vs. Contractor: Avoid Costly Misclassification for Your Business
Misclassifying workers as independent contractors instead of employees can put your business in hot water. Think heavy fines, back taxes,...
IRS Estimates the Tax Gap Totals Hundreds of $$BILLIONS
If you are a small business owner, and you have never experienced an IRS audit, consider yourself fortunate. Be aware though, the...
Millions of Backlogged Tax Returns
If you are one of the many people wondering what happened to the refund you expected from your 2019 federal tax return, you are not...