Tax Tips

April 15th will be here before you know it. Getting prepared today will set you up for the most peace of mind and give you the best chance towards keeping all the money you’re entitled to for the past tax year.

This exhaustive checklist will get you prepared to meet April 15th head-on. Go get it all together today!

Posted December 15, 2014
Bookkeeping Strategies

Most people starting a business start the business because they are good at providing the product or service they are selling. Bookkeeping is usually an afterthought but yet, a realized necessity to be able to provide the goods and services they wish to sell.

Posted December 12, 2014
Bookkeeping Strategies

The IRS requires you to maintain consistent accounting throughout your fiscal year. You must use a method that clearly reflects your income.

Posted November 30, 2014
Tax Strategies

You may be able to elect a tax year that suits your business; how will you choose?

The IRS requires your business to determine your taxable income based on your tax year and file a return accordingly. Your tax year is the yearly accounting timeframe for reporting income, reporting expenses and maintaining records.

Posted November 30, 2014
Tax Tips

With only one month left in the calendar tax year, now is the time to make some strategic moves to lower your taxable income for the year.

Posted November 30, 2014
Business Tips

If you’re starting a new business, you may need an EIN (Employer Identification Number) from the IRS. Here’s how to determine whether or not you need one as well as how to get it.

Posted November 30, 2014
Tax Tips

If you’ve always been an employee and are just starting out on your own, you’ve probably started to hear more about this “quarterly taxes” thing. And with good reason and it’s something you need to take seriously for sure.

Here are a few reasons why you may need to make estimated quarterly tax payments:

Posted October 30, 2014
Business Strategies

A Limited Liability Corporation (LLC) is a hybrid between a sole proprietorship and a corporation. So, as the owner or partner in an LLC, you are considered self-employed as you would be as a sole proprietor. In an LLC, the business itself is not taxed but its owners are.

Posted October 23, 2014
Investment Strategies

An annuity can seem like it’s some word thrown around with retirement and savings on financial ads during football season. Here’s a little help to understand annuities.

Posted October 14, 2014
Tax Strategies

It’s important to know what your tax obligations are when starting out as well as how you can keep as much of your hard-earned money as you can.

Posted October 10, 2014