Accounting, Bookkeeping, & Tax Blog

Every year the IRS releases a list of “Dirty Dozen” tax scams for taxpayers to avoid. The list brings awareness to taxpayers, tax professionals, and financ [...]

The difference between tax credits and tax deductions is something that can often be misunderstood. Their purposes have a similar end result, and both can [...]

I cannot emphasize enough the advantages that effective bookkeeping brings to small business owners. By diligently tracking your company’s financial [...]

You can’t take anything for granted when you own a small business. If you fail to grow, you’ll fall behind. The market is constantly changing and you [...]

While hiding one’s head in the sand can feel better than actually dealing with the problem of tax debt after an IRS Audit, it needs to be dealt with sooner [...]

Starting a business can be equally exciting and stressful. Before you can get your business up and running, there’s much to consider regarding small busine [...]

What Is the Inflation Reduction Act?  After another round of intense negotiations, Congress passed an ambitious $739 billion spending bill to address [...]

Nothing may be more rewarding than laboring all day to clean up a messy house and then seeing how sparkling and new it looks after this hard work. While ho [...]

As a small business owner, you should never overlook your accounting needs. Learning the financial accounting basics is essential, regardless of industry o [...]