by Admin | Sep 20, 2021 | Entrepreneurial
Learn how a passion for business at an early age resulted in a thriving accounting & consulting firm that is eager to help small businesses move forward with making smart financial and business...
by Admin | Jul 26, 2021 | Business Taxes, Entrepreneurial, Individual Taxes
A taxpayer who is in the business of providing family day care in their home may deduct the ordinary and necessary expenses of their business. The two primary deductions include the business use of their home and the cost of providing meals and snacks to children in...
by Admin | Jul 23, 2021 | Business Taxes, Entrepreneurial
If you are considering starting a business, the simplest and least expensive form of business is a sole proprietorship. A sole proprietorship is a one-person business that reports its income directly on the individual’s personal tax return (Form 1040) using a Schedule...
by Admin | Jul 7, 2021 | Business Taxes, Entrepreneurial
Congress has provided businesses with a temporary tax break as a means of helping the restaurant industry, which has been devastated by the COVID pandemic. Although the Tax Cuts and Jobs Act eliminated the business deduction for entertainment, it continued to allow a...
by Admin | Jun 28, 2021 | Entrepreneurial
Creating a successful business requires a good idea combined with skill, talent, and ambition. But even if you have all of those elements, you may end up falling short if you can’t raise the capital that you need to move forward. No entrepreneur wants to think about...
by Admin | Jun 9, 2021 | Entrepreneurial
No matter what type of business you operate, you rely on having a predictable flow of income to keep your bills paid. If you only have a single source of income and it suddenly falters, you’re going to be in trouble. Having more than one income stream is an insurance...