As the year winds down and 2024 comes to a close, it’s a good time to start thinking about your 1099 filing requirements. Staying on top of this important deadline is key to remaining compliant with IRS regulations, and we’re here to help make the process smooth and...
Important Information: Beneficial Ownership Information (BOI) Reporting Mandate
As many of you are aware, a section of the Corporate Transparency Act mandated that small businesses report information about the business and the individuals in control of it to the federal government. In an important ruling regarding this mandate, on Tuesday,...
Top Tax Deductions to Remember Before Year-End
As the end of the year approaches, it’s time for business owners to start planning for tax season. Maximizing your deductions is one of the best ways to reduce your taxable income, ensuring you keep more of your hard-earned money. Here are some of the top tax...
The Hidden Costs of DIY Bookkeeping & When to Seek Professional Help
Running a small business often involves wearing many hats — marketing, sales, customer service, and yes, bookkeeping. While it may seem like a good idea to handle your business's financials yourself to save money, DIY bookkeeping can come with hidden costs that may...