Navigating IRS Regulations for Partnership and LLC Losses: A Guide to Tax Planning and Audit Avoidance

IRS, the domain of the tax world, have been on high alert for any suspicious losses claimed by partners and members of LLCs. But don’t worry, just make sure you understand the IRS regulations, and you’ll be good to go… unless you want to be audited, then you’re on your own! Time to brush up […]

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Navigating IRS Regulations for Partnership and LLC Losses: A Guide to Tax Planning and Audit Avoidance

Managerial Accounting: A Guide to Unlocking the Power of Better Business Decisions

managerial accounting

Don’t let the big, bad world of managerial accounting scare you! It may look complex, but it’s a secret weapon for smart business owners to maximize their money moves. Let’s dive into the fun world of bean-counting and discover its perks, pitfalls, and pro-tips for success. Introduction Let’s start with a definition. Managerial accounting is […]

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Managerial Accounting: A Guide to Unlocking the Power of Better Business Decisions

Maximizing Deductions: A Guide to Gathering Tax Paperwork and Records

Gathering tax paperwork and records is a daunting task for many taxpayers. Every year, taxpayers struggle to keep track of all the necessary documents, invoices, and statements needed to accurately file their taxes. However, the effort is certainly worth the effort in maximizing deductions.. Gathering these documents can help taxpayers avoid missing a deduction or […]

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Maximizing Deductions: A Guide to Gathering Tax Paperwork and Records

Bookkeeping Cleanup: Get on Track

bookkeeping cleanup happening with many hands at once

We all know the feeling. You’ve been struggling to stay on top of your bookkeeping, but somehow the task of cleaning it up has been pushed to the side. You know it needs to be done, but it’s a daunting task that you’d rather avoid. We know bookkeeping cleanup is a nasty chore, but it […]

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Bookkeeping Cleanup: Get on Track

Expanding Tax Credits for Small and Mid-Size Employers Offering Retirement Plans: An Overview

It has been widely acknowledged that one of the most significant obstacles to financial success and security is the lack of access to retirement plans. To address this issue, the government has recently announced they would be expanding tax tax credits for small and mid-size employers who offer retirement plans to their employees. In this […]

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Expanding Tax Credits for Small and Mid-Size Employers Offering Retirement Plans: An Overview