05 Sep, 23

Unpaid Payroll Taxes – Tips to Avoid Last Minute Penalties as an Employer

With all the responsibilities you have as the owner/manager of a business, it can be easy to run into problems with the unpaid payroll taxes for your business. The current US Tax Code requires all businesses in the United States to file 941/940 Payroll Tax Forms with the IRS each quarter and at the end […]

08 Aug, 23

7 Money Mistakes Small Business Owners Make & How to Overcome Them

Small business money mistakes are one of the most difficult roles a company owner has to deal with. Most don’t have the experience or the training to take on such an important task, and even if they do, what business owner has time to tend to finance and run a company? Small business owners who […]

10 Jul, 23

8 Questions to Ask Before Hiring a Tax Firm

You may have done your homework, including the math, and found that it is wise to hire a Certified Public Accountant firm for small businesses. Selecting a professional small business tax firm can be a grueling process if you don’t know what you should be looking for in a tax preparer. Many experts near your […]

06 Jun, 23

Cash Flow Analysis – 6 Key Cash Flow Metrics, KPIs & How to Track Them

Cash flow is the lifeblood of small businesses. Without healthy and accurate business cash flow analysis and management, your business will experience cash flow problems small businesses encounter when they don’t have a clear-cut strategy and all the facts in place. The six cash flow metrics and KPIs will help you stay on top so […]

08 May, 23

5 Reasons Why Bookkeeping is Essential for Your Business

Recordkeeping and accounting play crucial roles in most businesses. Recording source documents for financial transactions and business operations is a must for analyzing the capacity and financial position of the company. Learn why bookkeeping is important for your business. Benefits of Excellent Bookkeeping and Recordkeeping Whether you have a Certified Public Accountant, a Bookkeeper on […]

03 Apr, 23

Is There Any Risk in Filing Tax Extension for Tax Audit?

What is a tax extension? A tax extension is a request made by taxpayers to extend the filing deadline for their federal income tax return, it also covers paying tax (including estimated tax), and filing tax extension forms. But it doesn’t allow you to give yourself extra time to pay taxes. Furthermore, you can ask […]

28 Mar, 23

What is FDIC Insurance & What are the Coverage Limits?

Understanding FDIC Insurance and Your Coverage Limits – As your trusted advisors, we wanted to bring your attention to the potential risks associated with holding more than $250,000 in cash at a bank, even when held in multiple accounts. Recent events, such as the failures of Silicon Valley Bank and Signature Bank, have shown that […]

24 Feb, 23

Don’t Kill the Messenger – The Rise of the Internal Revenue Service – Part 4

Part-4 We have all read the headlines; “IRS receives $80B to hire 87,000 new agents over the next decade”. Does this mean increased audits? Probably, who knows for certain but time will tell. Our role is to help keep you in compliance. Tax avoidance and tax evasive are radically different. Tax avoidance helps lowers your […]

17 Feb, 23

Don’t Kill the Messenger – The Rise of the Internal Revenue Service – Part 3

Part-3 We have all read the headlines; “IRS receives $80B to hire 87,000 new agents over the next decade”. Does this mean increased audits? Probably, who knows for certain, but time will tell. Our role is to help keep you in compliance. Tax avoidance and tax evasive are radically different. Tax avoidance helps lowers your […]

10 Feb, 23

Don’t Kill the Messenger – The Rise of the Internal Revenue Service – Part 2

Part-2 We have all read the headlines; “IRS receives $80B to hire 87,000 new agents over the next decade”. Does this mean increased audits? Probably, who knows for certain but time will tell. Our role is to help keep you in compliance. Tax avoidance and tax evasive are radically different. Tax avoidance helps lowers your […]