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Your Small Business Tax Preparation Checklist
0
Small Business

Your Small Business Tax Preparation Checklist

Jeff
-
December 30, 2022

Small business owners should ideally prepare for tax filing season year-round. Planning can help to simplify the tax filing process and help small bus...

Is Your Small Business a Bookkeeping Disaster?
0
Bookkeeping

Is Your Small Business a Bookkeeping Disaster?

Jeff
-
December 26, 2022

Managing bookkeeping can take a lot of work for many small business owners. Balancing your responsibilities to the clients, employees, and suppliers i...

How Tax Changes for 2022 Are Affecting Your Small Business
0
Small Business

How Tax Changes for 2022 Are Affecting Your Small Business

Jeff
-
December 23, 2022

During the 2022 tax year, small businesses did not face major changes in tax laws. However, there are several things small business owners should unde...

How to Prepare for a Small Business Audit
0
Small Business

How to Prepare for a Small Business Audit

Jeff
-
December 16, 2022

You open your mailbox to find a letter with a return address from the IRS. You open it to find that your small business is being audited and your hear...

Small Business Tax Planning Strategies
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Tax Planning

Small Business Tax Planning Strategies

Jeff
-
December 9, 2022

The end of the year is approaching and that means you will realize that “the accountant for my small business is going to need my tax information so...

Child and Dependent Tax Credit for Married Filing Separately
0
Tax Planning

Child and Dependent Tax Credit for Married Filing Separately

Jeff
-
November 25, 2022

There are several reasons why some married couples opt to file taxes as married filing separately. However, this tax filing status can prevent individ...

Are GoFundMe Donations Tax Deductible?
0
Tax Planning

Are GoFundMe Donations Tax Deductible?

Jeff
-
November 21, 2022

Many people and organizations have turned to crowdfunding to raise money for various needs and causes. One of the most popular crowdfunding platforms ...

Bookkeeping for Independent Contractors: Everything You Need to Know
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Bookkeeping

Bookkeeping for Independent Contractors: Everything You Need to Know

Jeff
-
November 18, 2022

If you work as an independent contractor, the Internal Revenue Service (IRS) classifies you as a business. You will need to perform bookkeeping and pa...

5 Important Principles of Modern Accounting
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Accounting

5 Important Principles of Modern Accounting

Jeff
-
November 14, 2022

Every business needs to have a strong accounting system in place so that they can understand their finances and make accurate projections about the di...

Everything You Need to Know About the Business Travel Tax Deduction
0
Tax Planning

Everything You Need to Know About the Business Travel Tax Deduction

Jeff
-
November 11, 2022

Self-employed people and small business owners are generally allowed to deduct business travel expenses when they are required to travel away from hom...

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