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 […]
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 […]
As a business owner, you know that making a profit is crucial to the success of your company. But do you ever stop to think about the true cost of your products or services? Enter cost accounting – the often overlooked but oh-so-important aspect of running a business. Cost Accounting: The Basics Let’s start with […]
Which type of account will typically have the highest interest rate? With the current economy, many people are looking for new ways to make money and grow their wealth. One option is to invest in your income. Passive income is money that is earned without actively working for it. There are many types of passive […]
Got tax woes? Don’t sweat it! Let’s navigate the confusing world of business tax planning and make your finances a laughing matter. It’s time to get ahead of the game and leave those money stressors behind. I. Introduction A. What is Business Tax Planning? Tax planning is the process of analyzing your financial situation to […]
Tax Resolution: How Small Business Owners Can Navigate Tax Issues As a small business owner, dealing with taxes is often one of the most daunting tasks. Every year, you are required to accurately file your taxes and make sure you don’t owe more than you can pay. But what happens if you find yourself facing […]