The fast food industry is a dynamic and competitive sector where efficiency in operations and financial management can make a significant difference in profitability. As we step into 2024, fast food franchise owners face unique challenges and opportunities in managing their finances. This blog post aims to provide key tax and bookkeeping insights tailored to…
As we usher in the new year, it’s a perfect time for attorneys to revisit and revitalize their financial and bookkeeping strategies. The legal profession, with its unique financial dynamics, demands a tailored approach to bookkeeping and tax planning. This article will provide specialized tips and insights to help attorneys start the year with robust…
Are you currently a business owner? Or you want to open your own business? Well, as a business owner, you must be prepared to tackle all of those tax related issues. We are talking employment taxes, self-employment taxes, and state business taxes. Oh, and let’s not forget about collecting sales tax! Getting started on all…
As a business owner, you know you are responsible for paying quarterly taxes and making sure your taxes are paid in full once a year. Paying those taxes can be simple, especially if you have an accountant doing all of the heavy lifting for you. What is not simple is the amount you must pay…
You may be currently scrambling to finish your business’s taxes for 2021. However, new guidelines have been released for 2022 and I want you to be prepared. After all, when it comes to deductions, you want to make sure you are claiming what you should for your business! Some of the changes, including tax credits,…
It has been quite the busy year when it comes to tax changes. While everyone will have a tax change that affects them, as a small business owner, you need to be aware of a few different changes that will affect your business’s taxes. The bad news about these changes is you may have been…
Every year, there are changes to the tax laws. 2021 was no different and if you were too busy growing your business, you probably didn’t have the chance to keep up with them all. Thankfully, we make these tax changes part of our daily tasks, so we are aware of how each tax change will…
It’s just a matter of weeks before the March 15th and April 15 tax deadlines. Are you feeling ready to file your tax return? If not, you’re in good company. According to a 2019 Wallet Hub survey, 50% of people would rather attend jury duty than do their taxes. But it doesn’t have to be…