Marketing

Choosing the right business entity structure is one of the first and most consequential decisions an entrepreneur or business owner makes, because business entity options and their tax implications affect everything from how the IRS taxes your income to how they structure shields your assets from creditors. In most cases, a new business will operate

Why Outsourced Bookkeeping Makes Sense Choosing the right outsourced bookkeeper for your small to mid-sized business is a more consequential decision than it may appear. The financial reports that your bookkeeping firm prepares will drive your most critical business decisions. That means that you need a company that is not only organized and accurate, but

A Roth IRA conversion may be worth considering when your retirement account value has declined, and a stock market downturn can actually create an opportunity to make that move at a lower tax cost. If you hold a traditional IRA that has lost value, converting to a Roth IRA now rather than later could minimize

Economic uncertainty is a reality every business owner must navigate, but while macroeconomic factors are largely outside of your control, your billing and collections process for your small to mid-sized business is not. Managing accounts receivable effectively is one of the most direct ways to protect your cash flow and keep your business financially resilient,

Regardless of business size, bookkeeping demands time, attention, and the right tools. Most small to mid-size business owners already use QuickBooks, or are actively considering it. It delivers the tools most businesses need, in one platform. However, having access to a tool and knowing how to use it effectively are two very different things. To

Being a small business owner is a round-the-clock job. Rarely are the days long enough to accomplish all that needs to be done. At some point, every one of the close to 32 million small business owners in America has likely considered outsourcing as a way to keep on keeping on. The challenge comes in

The IRS has issued a midyear increase to the 2022 standard mileage rates due to the high cost of fuel. Effective July 1, 2022, there will be an increase of 4 cents for business and medical/moving mileage. Please make a note to communicate these changes for the second half of 2022 to your teams! January

Over the years, the tax code has changed many times and the most recent large piece of legislation, the ‘Tax Cuts and Jobs Act, was passed in 2018. This legislation changed many ways in which taxes are figured, including decreasing tax rates, increasing the standard deduction, eliminating the personal exemption and capping the state and