Prepare now for coming changes to your deductions, credits, and cash flow Last week, the House passed a major tax bill called the “Make American Families and Workers Thrive Again Act.” While it’s not law yet, it’s packed with changes that could impact how small and...
How to tell if you’re getting strategy—or just compliance The high cost of passive accounting Most business owners assume their CPA is “handling everything.” But for a lot of SMBs, the reality is far less reassuring: your accountant may be doing little more than...
Protect your bottom line with proactive planning From materials and supplies to wages, inflation is making it harder for many small and mid-sized businesses to keep their footing. The good news is smart tax planning can help ease some of the financial strain your...
These best practices reduce audit risk, and give business owners peace of mind Few words strike more unease into a business owner than “IRS audit.” The thought alone can be stressful, imagining a deep dive into your financials and the potential for...
Why budgeting isn’t enough It’s a familiar story for many business owners: you diligently set money aside for taxes throughout the year, maybe a fixed percentage of your revenue. You think you’re prepared. Then, tax season hits, and the actual bill is far...
