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Tax Preparation
60 posts
How President Biden’s Tax Reform Could Impact Your Small Business
Information about tax changes the Biden administration is considering have recently leaked, creating some big headlines in media.…
3 Dangers of an Unincorporated Business (and How Incorporation Can Resolve These Problems)
Often, one of the first pieces of advice an entrepreneur receives when they start a business is to…
3 Key Benefits of an S Corporation Election
The deadline for S Corporations to file their annual tax returns is March 15, which means businesses with…
LLC or Corporation: Which Entity is Best For My Business?
Two of the most popular entity formations for business incorporation are limited liability companies (LLCs) and corporations. Both…
Stop Doing These 4 Things if You Want Your Business to Last
We’ve all seen the statistics on how many businesses fail within the first few years of operation, and…
What You Need to Know About Taxes for Your E-Commerce Side Hustle
E-commerce sales have been on the rise in the U.S. over the past couple of months due to…
5 Simple Ways to Organize Your Small Business Finances
Credit scores are often seen as the number one obstacle preventing small businesses from getting financing. But disorganized…
3 Things That Could Cost Your Business its COVID-19 Loan
The Senate approved an additional $60 billion in funding for the Economic Injury Disaster Loan (EIDL) program and…
WJR Business Beat with Jeff Sloan: Tax Day Extension (Episode 33)
Today’s date, April 15, is always etched into our memories as Tax Day. But this year, amid the…
Mistakes This Entrepreneur Made With Her Startup’s Finances (and How to Learn From Them)
Business owners are dealing with unprecedented times right now. Many entrepreneurs are struggling to keep their businesses afloat,…
The Benefits of Keeping Tax Records All Year Round
Although we think of tax season as that period between January 1 and mid-April, it’s an ongoing event.…
Dodge These 5 Common Tax Mistakes Entrepreneurs Make
Starting and running a business requires precise attention to detail—especially when it comes time to file your business…
3 Things You Should Talk to Your CPA About Ahead of Tax Season
Tax season is fast approaching, and you may be feeling the stress of filing or reeling from tax…
What Entrepreneurs Need to Know About the Home Office Deduction
You may see your home office as the place you take important business calls, the place you meet…
Accounting Solutions for Entrepreneurs Who Want to Spend Less Time on Payroll
When you’re an entrepreneur, if you want something done, you have to do it yourself. You put a…
Don’t Let These 5 Sneaky Startup Expenses Break Your Budget
The budget is one of the most important components of your startup’s business plan. An in-depth knowledge of…
6 Ways to Make Your Startup’s Tax Filing Season Easier
While there are individuals who instinctively understand the finer nuances of taxes (and as such plan year-round to…
Navigating Self-Employment Taxes and Income
There are many differences between being self-employed and working for someone else. However, the taxes you owe the…
3 Bite-Sized Goals You Can Set (and Achieve) in January
If there’s one thing entrepreneurs love doing, it’s setting goals for their small business. This list is often…
How to Conduct a Financial Year-End Review
As business owners, we spend a lot of time looking to the future. Where are we headed? What…