Accounting, Bookkeeping & Tax Blog

Your small business resource for accounting, bookkeeping, and taxes from our experts.

The Most Overlooked Tax Breaks and Deductions for Retirees

Regardless of age, working folks will always have one thing in common: the need to file taxes every year like clockwork. And somehow, it’s already that time of year again, where a tax filing can either result in a nice chunk of change in the form of a refund, or a stressful tax bill.  It […]


Letter 6475: What Is It & What Are the Benefits

Monday, January 23, the tax season is expected to officially begin. As you prepare to file your taxes, keep an eye out for two letters from the IRS: Letter 6419 and Letter 6475.  What are the letters 6475 and 6419? These letters are not a cause for concern. However, they are important for your tax […]


Letter 6419 from the IRS

As of Monday, January 24, the tax season officially began. As you prepare to file your taxes, keep an eye out for two letters from the IRS: Letter 6419 and Letter 6475.  These letters are not cause for concern but they are important for your tax filing, so make sure you hold on to them. […]


Why TikTok Influencers Should Register Their Business

Not everyone can make a living with TikTok, but anyone can try. There’s never been a better time for young, media-savvy influencers to try to build a following and a career on social media platforms like TikTok and Instagram.  Some influencers set out from the beginning hoping to make it big, while others start out […]


What Influencers Need to Know About Their Accounting

The influencer industry was valued at a whopping 21.1 billion dollars in 2023, and it will only continue to grow as more brands turn to influencer marketing. Influencers, even ones with smaller followings, can make a ton of cash via YouTube, Instagram, TikTok, or blogging. It’s clear that, regardless of the medium, influencer accounting is […]


9 Ways to Better Manage Your Business Cash Flow

No matter how well-prepared you are when starting a business, there will always be unexpected challenges. Whether it’s a shift in the market, unexpected developments in your staff or competition, or a supply chain issue, some twist or turn in the process will force you to change your plans and adapt.   However, every new obstacle […]


Worker Classification: Employee vs. Contractor

Every small business begins with just one person or a small team creating a plan and developing a vision. If the company is going to keep growing, however, you eventually need to start expanding your team and invite someone new to join you in your work.  Once your company starts to grow, you won’t be […]


Pet Savings: 11 Tax Deductions for Veterinarians

Running a veterinary practice is a lot of work. Between providing care on the medical side and managing your business on the administrative side, it can be hard to balance and keep your priorities in order. You want to focus on the animals you love so much, but how can you concentrate when you have […]