3 Year-Round Habits That Make Business Tax Preparation A Breeze

Posted on 29 June 2020

As a small business owner, tax time will be easier and less expensive if you think about taxes a little throughout the year. How can you do this? The answer may not be as complicated as you think. In fact, it may simply be a matter of developing a few good practices. Here are five that can help any business.  1. Schedule Tax Planning Appointments Rather than wait until March or April to make a single tax appointment, consider adding one or two tax planning appointments with your preparer at different times of the year. [Read More]

Has The IRS Classified Your Business As A Hobby? 3 Things You Can Do

Posted on 14 November 2019

It seems like almost everyone has a side gig these days. Online marketplaces that allow people to sell anything and everything have made it possible for people to turn their hobbies into a viable business. The sale of any item is subject to taxation, but the IRS treats hobby sales and business sales very differently. Most people want to be classified as a business so that they can claim deductions to reduce their tax burden. [Read More]

4 Ways To Offer Employee Benefits And Get Tax Credits Too

Posted on 27 July 2019

As an employer, you want to build employee loyalty while still turning a healthy profit. One way to do this is to make use of benefits for which your company can get tax credits. What type of credit-worthy benefits should you provide? Here are a few options you may want to consider. Health Insurance. Health care coverage is one of the top priorities of many American workers. As a small employer, you may not be obligated to provide health insurance, but doing so provides benefits to everyone. [Read More]

Want to Extend Credit to Your Customers? 3 Things You Need to Know

Posted on 14 May 2019

One of the ways you can make more money as a small business owner is by extending credit to your customers. Extending credit to your customers is one way to allow your customers to purchase goods and services and pay you off over time. This can be a great service to offer your customers, and it can really help you expand your business. However, offering credit can be a complicated process that requires a little more business accounting knowledge than just sending out regular invoices. [Read More]

About Me

hiring an accountant for our small charitable organization

I work with a small organization to house women and children that have been in domestic violence situations. We do everything that we can to ensure that these women find the housing, clothing and supplies that they need to care for themselves and their children. Times have been tough for our organization and we struggled to come up with the money that we needed to help these women start over. We found an accountant that helped us tremendously. Visit our blog to learn more about what we do and to find out how an accountant made all of the difference.