Choosing a tax accountant to do your taxes is a decision that all business owners should carefully consider. Knowing how to choose a tax accountant is important. I wrote this blog post so you can be prepared as you…
When can I deduct an expense & when does it need to be depreciated? This is a very common accounting question most people have when they are making purchases for their business. The type of purchase will determine how you…
Are you using a home office and worried that claiming it will trigger an IRS audit? Many small business owners or employees who work from home, are afraid to claim “home office” deductions for fear it will bring the auditor…
Although there’s no sure way to avoid an IRS audit, these 6 red flags could increase your chances of unwanted attention from the IRS: Understand that the more income shown on your return, the more likely it is that you’ll…
Why You Should Consider Outsourcing Bookkeeping Ask yourself, what is my time worth? What can I spend less time on, so I can focus on growing my business? As a small business owner, you have so many things taking up your time….