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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.

While taking money out of a retirement fund before age 59 1/2 is usually not recommended, in …

Tips to Get Finances Back on Track

Life as we know it came to a grinding halt because of the COVID-19 pandemic. A lot …

File Cash Transaction Reports Electronically

Businesses that receive cash transactions of more than $10,000 must report these payments to the IRS. Now …

Tax Treatment of Virtual Currency Transactions 2020

Whether you’ve invested in Bitcoin and sold it at a profit or loss or received it for …

Mental Mindset to Have for Rapid Revenue Recovery

The COVID-19 pandemic continues to have a far-reaching effect on people’s lives and the global economy. To …

Tax Tips for Workers in the Gig Economy

The gig economy, also called sharing or access economy, is defined by activities where taxpayers earn income …

Household Help Tax

If you employ someone to work for you around your house, it is important to consider the …

Preparing for a Successful Retirement

As you approach retirement, it’s vital that you pay attention to several important financial matters to ensure …

Form 1040-X has been one of the last major individual tax forms that still needed to be …

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