by Admin | Apr 3, 2024 | Business Taxes, Entrepreneurial, Tax Planning
In the bustling world of small businesses, where every decision can significantly impact your bottom line, overstaffing can be a major problem. One of the main reasons for this is that hiring too many employees can happen before you even realize it – you might be...
by Admin | Apr 3, 2024 | Business Taxes, Entrepreneurial
For many business owners, the future is uncertain. Would you like to ensure the long-term success of your enterprise, reducing stress and providing peace of mind? That’s where succession planning comes in. Every successful business gets to that point thanks to careful...
by Admin | Mar 6, 2024 | Business Taxes, Entrepreneurial, Individual Taxes
One fundamental financial practice that often gets overlooked, yet holds immense importance, is the separation of personal and business finances. By maintaining distinct bank accounts and credit cards for business transactions, small business owners can streamline...
by Admin | Jan 24, 2024 | Business Taxes, Entrepreneurial, Individual Taxes
In the wake of the pandemic, remote work has become the new norm for many American workers. As businesses across a wide range of industries have shifted to a remote model, employees and employers alike have experienced numerous benefits such as reduced overhead costs,...
by Admin | Jan 24, 2024 | Business Taxes, Entrepreneurial
As a small business owner, the word ‘audit’ can be a source of anxiety. However, understanding the common triggers for an IRS audit and taking proactive steps can significantly reduce the likelihood of facing one. This article explores the factors that...
by Admin | Jan 3, 2024 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning
As it does every year, the Internal Revenue Service recently announced the inflation- adjusted 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes. Beginning on...
