Exit Ahead: Are You Ready?
One of the activities small business owners delay most frequently is planning for their exit from the business. They feel that it’s too soon to plan an exit when they…
2022 Year End Checklist for Small Businesses
It’s December and that means it’s time for you to make a few key moves before the new year begins if you have not already done them. Make Sure Your…
Updated 1099 Rules You Need to Know for 2022
Most people are aware of the 1099 forms that are required if they were paid as a contractor or consultant (i.e., not as an employee), received interest or dividends, or…
Two Common and Costly Yet Avoidable Tax Mistakes
It’s time to start planning for 2023, and before you know it, we will be talking about filing your 2022 taxes. Before you get involved in end of year planning,…
What You Need to Know About Recent Changes to the W4
Federal Income Tax is a pay-as-you-earn system of tax. Accurate calculation of the amount of tax withheld requires some basic information from the employee. They provide this information to you…
Two Tax Strategies You Are Probably Overlooking
Planning around things that can have an impact on your tax burden needs to happen all year long, not just at tax filing time. In fact, we have found that…
Leases and Taxes
Strategically using leases can have a major impact on your business growth and profitability. Your accountant can help you understand how leases can impact your business, and it’s a good…
Some Sales Tax Basics
Do you have to collect and pay sales tax? If you offer products for sale, you may have a good idea about when you do or do not need to…
Top Five Business Financial Issues
Do you sometimes feel overwhelmed by the financial challenges your business faces? If you do, you are certainly not alone. Of all the possible reasons for lack of business success,…
Tax Compliance and Planning After Tax Season Ends
I know you just filed last year’s taxes, and you probably don’t want to hear about next year, but this is the best time to address some things that may…