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...
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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...
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...
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,...
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...
Section 1202 Exclusion: Save Huge on Taxes When Selling Your Business
Your business means the world to you. You’ve fostered it from the beginning, working tirelessly to make sure that it has every opportunity for your...
Year End Planning for Small Businesses
Why next year needs to start now Most small businesses start planning for the new year in January. The only problem? You’re already behind. STARTING...
Why now might be the right time to change your accountant
Changing your accountant might not be the first thing on your mind during the summer. We get it, there are BBQs to go to, vacations to take, and life...
The 3 Biggest Mistakes We See Small Businesses Make
Running a small business means that, as the owner, you’re wearing a ton of different hats. Things can fall through the cracks. It’s OK, that can...
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....
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?...