It's easy for a small business owner to disregard some of the small mistakes made with their bookkeeping. It's understandable: owners are short on time. Other tasks feel more important and it can be difficult to keep up with changes in QuickBooks, too. With a bit of help, most of the common bookkeeping mistakes are easy [...]
Are you going to file a tax extension again this year? If you are in the habit of filing a tax extension each year, you are not alone. According to the IRS, over 20% of taxpayers put off their taxes until the final two weeks of the tax season. And, 7% of taxpayers file for an [...]
As a small business owner, you often hear about “Tax planning.” To make it simple, tax planning is the practice of analyzing multiple tax options to decide how you want to operate your business as well as your individual transactions to minimize or eliminate your tax liability. Most small business owners are good at what they [...]
You’re a business owner, who wants to take a two-week trip around the US…Wonderful! But did you know that you could legally deduct every dime that you spend on your vacation? Well, here's how to do it in 5 easy steps: 1. Make all your business appointments before you leave for your trip. True [...]
