Are you ready to save money on your taxes by making the most of meal deductions? Understanding how to navigate IRS guidelines can unlock savings that many individuals overlook. Imagine putting that extra cash toward your business or even a fun family outing!...
Understanding the difference between an accountant and a bookkeeper is crucial for anyone managing a business or personal finances. Knowing who to hire can save you time, money, and stress. By learning about these roles, you’ll gain clarity on which service best fits...
Bad Bookkeeping Costs Your Business Do you know where your money is going? If you're running a business, keeping your finances in check is crucial. But what happens when your bookkeeping isn’t up to par? Bad bookkeeping can lead to missed opportunities, costly...
Strategic planning is the secret to making your business goals a reality. Waiting until the last minute to create your 2025 plan can lead to missed opportunities and rushed decisions. By starting your strategic planning now, you’ll gain clarity, stay ahead, and enter...
As the holiday season approaches, many small business owners consider ways to show appreciation to their hardworking employees. One impactful gesture that goes beyond seasonal cheer is giving holiday bonuses. When looking to implement a bonus structure in your...
Are you a small business owner with overdue tax returns? We understand that your business is your passion, and it can feel daunting to admit you need help. We're here to tell you that it's not reasonable to expect yourself to suddenly be an expert in tax and...
Are you curious about how much payroll services really cost? In this video, Joy Lutz from Aligned CPA breaks down the factors that influence payroll service costs, helping you make an informed decision for your business. Managing payroll can be time-consuming and...
Reading financial reports can feel overwhelming, but it’s a vital skill for any business owner. Knowing how to interpret a balance sheet and profit & loss statement helps you make informed decisions about your business’s future. You’ll gain insights into your...
Let's Figure It Out If you’re making money from something you love, that's fantastic! But have you considered whether your passion is classified as a business or just a hobby by the IRS? Understanding this distinction is crucial for managing your taxes effectively and...
Don't Panic Receiving a notice from the IRS can be stressful and confusing, but it doesn’t have to be. Knowing how to respond can help you resolve the issue quickly and avoid further complications. By following the right steps, you can protect your business, avoid...
Scaling Your Small Business: Key Strategies for Growth Ready to grow your small business but unsure where to start? Here’s a quick guide to three essential strategies for successful scaling: Enhance Customer ExperienceHappy customers are your best asset. Gather...
Key red flags that have the potential to trigger an audit include reporting high income, forgetting to include income from W-2s and 1099s, excessive charitable donations, and the misuse of deductions like home office expenses and vehicle costs. There are also concerns...