Is it time to invest in cloud technology? Key considerations for businesses
Cloud accounting technology has become a transformative tool for businesses, shifting old-school traditional accounting practices while also streamlining financial operations....
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Business
04/14/2023
From Lemonade Stands to Paychecks: How to Hire Your Child as an Employee to Save on Taxes
As the summer season approaches, you might be contemplating employing young individuals to work at your small business. Simultaneously, your...
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Business
03/27/2023
The Power of Outsourced Accounting: Keeping Your Business Resilient During Economic Downturns
In times of economic uncertainty, businesses need to be able to adapt quickly to survive. One fundamental way to accomplish...
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Business
03/03/2023
Importance of Month-End Close Processes for your Business
Both QuickBooks and QuickBooks Online are excellent tools to help ensure your business is keeping up-to-date and accurate financial records....
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Business
02/22/2023
Preparing for the Upcoming March Deadline with an Outsourced Team for S-Corporations
As we approach the end of February, we have already passed a few key deadlines that affect S-Corporations. From informational...
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Business
02/07/2023
5 Tips When Adopting The New Lease Standard
The Financial Accounting Standards Board (FASB) introduced Accounting Standards Codification (ASC) Topic 842, Leases, to provide more transparency and accountability...
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Business
01/24/2023
Employee Retention Credits – Not Everyone Qualifies
The Employee Retention Credit (ERC) is a refundable payroll tax credit for employers that kept workers employed during COVID-19 pandemic...
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Business
01/03/2023
Increased Standard Mileage Rate for 2023
Effective January 1, 2023, the IRS has issued its annual notice that updates the allowable 2023 standard mileage rates for...
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Business
12/15/2022
How to qualify for the QBI deduction and year-end strategies to maximize this deduction
As a business owner, you may have heard others mention QBI, Section 199A, or the pass-through deduction. These are all...
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Business
12/15/2022
Year End Strategies for Investors to Cut Taxes
During 2022, the stock market has been down, but there have been some bright spots along the way. As the...
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Business
12/13/2022
Year-End Tax Update
Our tax experts discuss the changes that may impact you or your business this year. We’ll cover: Tax planning updates...
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Business
11/23/2022
What the FTX Collapse Means for Future Tax Deductions
With the recent news of the crypto giant, FTX, filing for Chapter 11 bankruptcy, you may be left wondering what...