Posted on Feb 8, 2023

However, knowing the fact that a professional is handling your taxes reduces stress. Making mistakes can be very costly too. Especially in terms of missed deductions or triggering an IRS letter or audit. And a tax professional can help elimi…

Posted on Feb 10, 2023

➡️ Are you reviewing your financial statements?

➡️ Do you understand your balance sheet, your income statement, and your cash flow statement?

No matter what position your business is in right now, there's never been a more important time …

Posted on Jan 1, 2023

It is easy to take your eye off the ball and forget that the current tax year is ending soon so it’s also a great time to 'check in' on your business and personal taxes.

Once the tax year has passed there is little you can do to influence wh…

MYTH or REALITY! ​​​​​​​​

​​​​​​​​Let’s break it down: most small business owners will say that hiring a bookkeeper is too big of an expense for them at this time BUT what they don’t realize is that when you actually hire a bookkeeper, they can literally help you…

1. File your federal tax return early!

The IRS requires taxpayers to file their returns at least 4 months before April 15th. If you don't have enough time to complete your income taxes, you may want to consider filing an extension. You'll get all the same options …

Posted on July 2nd, 2022

The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automob…

Posted on July 1st, 2022

Retirement planning is a multistep process that evolves over time. To have a comfortable, secure—and fun—retirement, you need to build the financial cushion that will fund it all. The fun part is why it makes sense to pay attention to the…