Help! I Waited Until The Last Minute To File My Taxes!

Paying Taxes on Time

If you’re reading this two weeks prior to April 15th, and you haven’t at least started the process of filing your taxes, I’m officially giving you the disappointed mom look. You really shouldn’t wait until the last minute to file your taxes. Not only does it make the entire process more stressful for you and […]

Organize Your Piles of Papers for Tax Time

Organizing Your Piles of Papers for Tax Time

I know it’s hard. As a business owner, you have a lot on your plate trying to keep everything going. Receipts get lost, expenses aren’t recorded – then tax time rolls around and you are left with a pile of paperwork that needs to be sorted and organized. Wouldn’t it be great if there were […]

Reduce Tax Headaches By Avoiding These 9 Common Mistakes

Reduce Tax Headaches By Avoiding These 9 Common Mistakes

Are you feeling the stress of tax season yet? I know it can be a difficult time for business owners, especially if this is your first round of taxes. But give yourself a pat on the back – you’ve made it this far, and the fact that you aren’t avoiding your taxes is a great […]

Dealing With Deductions

Dealing With Deductions

March is here, which means we are in full swing for tax time. This can be an incredibly stressful time for new business owners, as well as for those who are already established. One of the biggest problem areas is deductions – costs that will allow you to save a little money on your tax […]

Accounting 101: What You Need To Get Started

Accounting 101 What You Need To Get Started

It very hard for me to believe this, but it seems to be a fact – most people are not super excited about tracking figures, organizing spreadsheets, and making sure that all the numbers add up. It’s true, most new business owners are just not that excited about the accounting side of their venture. They’re […]

Tips for Finding a Small Business Accountant

Tips for Finding the Right Small Business Accountant

It’s a brand new year, and a lot of part-time entrepreneurs are officially ready to make the leap into running their own business as a full-time endeavor. One of the first things you should do as a new business owner (or as an existing business owner, if you haven’t already) is find an accountant. “But […]

Year-End Housecleaning: Getting Your Business Tax-Ready

Getting Your Business Tax Ready

The holidays are now in full swing, and between all of the shopping and family gatherings, it can be hard to find enough time to focus on your business. But as the holidays approach, another event looms in the near distance…tax season. I know it’s only early December, but letting tax season unprepared is never […]

Get in the Game – Accounting Strategies for Success

Get in the Game – Accounting Strategies for Success

For a lot of us, it’s the time of year where we’re sending kids back to school. Remember the good old days of learning about the basics in math, science, and history? Just because your school days are over doesn’t mean you can stop learning! This month, we’re focusing on Back to School for Business […]

Can I Deduct This iPad? A Guide to Maximizing Deductions

Short answer – Yes, you can deduct an iPad. But stick around to learn how – there are a few ifs, ands, and buts to consider. Let’s face it – no one enjoys paying taxes, or dealing with the paperwork. We all prepare for it the best we can, but it’s definitely a stressful time. […]

Skip the Pizza and Order a Real Meal at Your Next Business Meeting

It is a common misconception that all Meal and Entertainment expenses are limited to 50% for tax purposes. There are a few expenses that are 100% tax deductible. The easiest way to keep this straight is to set up three Meal & Entertainment expense accounts in your accounting system: 50%, 100% and non-deductible. Here are […]