The Hidden Costs of Self-Prepared Financial Statements (and How to Avoid Them) Financial statements are the foundation of every successful business. They offer a snapshot of your company’s financial health and support informed decisions. While some businesses opt for...
Taking distributions from your S corporation can be a game-changer for your financial strategy as a business owner. Done right, it helps you maximize tax benefits, keep your business running smoothly, and put hard-earned profits in your pocket. But when is the right...
Why Year-Round Accounting Services Are Better Than Once-a-Year Tax Prep Many businesses only meet with their accountant once a year—typically at tax time. While this approach may seem convenient, it often leads to missed tax-saving opportunities, financial blind...
The Ultimate Guide to Monthly Accounting: Best Practices for Small Businesses Mastering Your Monthly Books Doesn’t Have to Be Overwhelming Every successful business relies on accurate, up-to-date financials. Keeping your books in order each month ensures you’re not...
A Fun-Packed Event for a Great Cause: Aligned CPA’s Sponsorship of the FGC Foundation Walk At Aligned CPA, we believe in supporting our community in ways that are both meaningful and fun. That’s why we were thrilled to sponsor the .4ishK Walk—a lighthearted take on...
Avoiding Last-Minute Tax Stress: How to File on Time and Stay Sane Small business owners can avoid last-minute tax stress and penalties with a proactive tax filing strategy. If you’ve ever found yourself rushing to meet the tax filing deadline, you’re not alone. But...
Many business owners believe that an MBA is essential for success. However, strategic reading and real-world application can provide the same level of insight—without the significant investment of time and money. The right books can help entrepreneurs develop...
Tax season doesn’t have to be a headache for small business owners. By organizing your documents and understanding the steps needed to prepare, you can save time, reduce stress, and maybe even uncover savings you didn’t know existed. This blog will walk you through...
Running a small business is no small feat! Between managing daily operations, meeting customer demands, and planning for growth, keeping track of your finances can sometimes fall by the wayside. But mastering basic accounting is crucial to ensure your business stays...
Setting up a retirement plan might feel overwhelming, but it’s one of the smartest financial decisions you can make as a business owner. Not only does it help secure your future, but it also provides major tax savings. Plus, having a retirement plan is a great way to...
Buying out a partner in an LLC can be an exciting but complex milestone for small business owners. It’s a chance to fully take the reins of your business, but there are also essential steps to keep in mind to ensure everything is done smoothly and legally. Here’s a...
Every successful business has a clear destination. But without a solid map, even the most ambitious goals can remain dreams. SMART goals (Specific, Measurable, Achievable, Relevant, and Time-bound) serve as a GPS, guiding you toward meaningful, reachable outcomes. By...