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Insights to Help You Stay Financially Informed

Explore helpful articles on bookkeeping, taxes, and financial best practices designed to help individuals and businesses make smarter financial decisions.

DISCLAIMER: Any bookkeeping, business or tax article contained in this communication, including attachments and enclosures, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor can it be used to avoid tax-related penalties. If desired, we would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.

Red Flags That Trigger IRS Audits

Just 0.45 percent of taxpayers were audited in fiscal year 2019. Still, with taxes becoming more complicated …

How to avoid business burnout

Being a business owner is all about that fiery passion. They are the most motivated to work …

Taxable vs. Nontaxable Income

Are you wondering if there’s a hard and fast rule about what income is taxable and what …

Ways to Save Time and Money When Making Financial Decisions

Starting and running a business, even if this is your ultimate dream and goal, can still be …

Social Security benefits and taxes

Social Security benefits include monthly retirement, survivor, and disability benefits; they do not include Supplemental Security Income …

Time Management Hacks When Reviewing Financials

The task of reviewing your financials is often left on the back burner due to it being …

Employer Tax Credit Extended for Payroll Workers

The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted December 27, 2020, made several changes …

Do You Need To File a 2020 Tax Return?

Most people file a tax return because they have to, but even if you don’t, there are …

Reasons Small Business Needs a Bookkeeper

As a business owner, you always have a lot on your plate. There is no one in …

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