Bookkeeping – Beyond Tracking Your Taxes
Bookkeeping is the process of categorizing your transactional financial information through an accounting system or software. Most people are familiar with the idea and likely…
Expense Monitoring
Expense Monitoring Expense monitoring (or expense tracking) involves recording and categorizing your expenditures over time. Sounds simple enough, but putting a strategy and mechanism in…
Small Business and Self-Employed Individuals – Does it make sense to create an LLC for your activities?
Owning and running a business of any size comes with some share of reasonable liability for the business it conducts and the environment in which…
Class Tracking – The Advantages of Strategically Earmarking your Financial Information
Different than putting expenses into categories, class-tracking is performed by tagging your financial data (best done utilizing an accounting software like Quickbooks) with specific information…
Tax Planning – Handling Estimated Taxes Effectively and Efficiently
Paying estimated taxes is required by the IRS (and states) to cover tax obligations not withheld directly from your paycheck (like through a W-2 job).…
Realtors and the Benefits of Utilizing an Informed Tax Strategy
Real Estate Agents and people that are utilizing real estate for income and business purposes. Most often “self-employed” for tax purposes, this opens a variety…
Key Federal Tax Deadlines for Tax Year 2024
Individual Filers (employees, self-employed individuals, independent contractors) Businesses – Partnerships (including LLCs), and S Corps (Form 1120S), and C Corps (Form 1120)
The Importance of Having a Dedicated Business Bank Account
A dedicated business bank account is a fundamental building block for success and sustainability of your business. It’s a strategic decision that provides a clear…
Benefits Of Working With A CPA
Benefits of working with a CPA In the ever-evolving world of finance and taxation, it’s crucial to have an expert by your side to navigate…
Why Most Small Businesses Fail
Small businesses face a multitude of challenges that can contribute to their financial failure. While each situation is unique, there are several common reasons why…