As the shift from traditional employment to self-employment and business ownership continues, many workers are finding themselves in a brand-new situation. The IRS has noticed the shift to gig work, […]
Accounting
why you should use accounting software for your rental real estate
Using accounting software can help you manage the financial aspects of your rental real estate in a more efficient and organized way. Some benefits of using accounting software include: Automation […]
Advantages of using Xero for your accounting
There are several advantages to using Xero as your accounting software: It’s easy to use: Xero is designed to be user-friendly, with a simple and intuitive interface. This makes it […]
1099 requirments for business owners
If you are a business owner, you may be required to file 1099 forms for payments that you make to certain individuals or entities. Specifically, you are required to file […]
Tax credits for self-employed business owners effected by COVID-19
Being self-employed for some is the American dream. You get to set your own hours, take off when you want and choose who to work with. The downsides are the […]
What KPI’s should your business track every month?
A KPI is a Key Performance Indicator. These are metrics that show the progress your business is making toward your goals. The end goal is important but even more important […]
What does it mean to pierce the corporate veil?
If you have a corporation you must protect your business the same as you would your house because if you don’t you could also lose your house. Basically, if you […]
R&D Credits
Research and Development credits are not just for big business. Small businesses can also qualify and even better they can use those credits against payroll taxes as well as income […]
Cloud based accounting is here to stay
Over the last several years we have been diligently moving all our services to cloud-based applications to make it easier for you to access your data and have real time […]
Resources for funding your small business during this crisis.
There are many sources of funding out there and not very many people realize they have can qualify for it. especially now when this pandemic has thrown our economy for […]