Budgeting, Taxes, Financial Management, Entrepreneurship, financial freedom, Business Women, female entrepreneurs, bookkeeping, accounting, CPA, financial consulting

Have you ever experienced the frustration of not being compensated for your valuable services or products? Or perhaps you’ve faced the challenge of juggling unpaid bills while holding onto a substantial amount of outstanding accounts receivable? If so, you understand the detrimental impact this can have on your business’s financial well-being. This article aims to […]

The importance of reviewing your tax return before your tax preparer presses the “file” button cannot be understated. Catching potential mistakes before your return is filed can help you avoid those unwanted IRS or state tax notices and more.  This article provides four reviewing tips that even the most novice tax filer can use to

It is common, for businesses in the start-up phase to have a handful of high paying clients. The mistake in starting out in this is in the the owner remaining comfortable at this level.  This is frequently seen with consulting type of businesses with only a few employees, who may land one big client worth

One of the most important aspects of running any business, but especially a partnership, is making sure you remain tax compliant.  Tax compliance refers to meeting all the tax filing and other reporting requirements timely and completely.  If you are operating a partnership, this article will be a great quick read for getting acquainted with

Capital gains is the income made from selling capital assets, including real estate, for more than their basis.  If you are a homeowner looking to sell your home during these peak real estate times, what does this mean for you and your taxes?  This is a question that many are asking, but is often misunderstood.

Your ability to prove whether or not you have a business can greatly impact the deductions you’re able to take on your tax return for expenses you incur in carrying out your activities.  In this article we discuss a few of the factors the IRS considers when determining if you have a business or a