Insights Ideas on Topics of Interest

As Tax Season Looms, Be Proactive to Avoid Financial PitfallsIt's all too easy for tax season to sneak up on us, derailing even the best-laid plans for your business. Many business owners find...

What Payroll Records Do I Need to Keep and for How Long?According to the Internal Revenue Service, you should keep all payroll-related documents such as timecards, pay stubs, W-2s, tax filings, and...

Let's face it, taxes are rarely seen as a fun topic. They're more likely to conjure thoughts of stress, deadlines, and some occasional confusion. However, beneath this daunting exterior lies a...

Proactive Financial Management for BusinessesAs we reach the mid-year mark, it’s a perfect opportunity for business owners to reassess their tax strategies. With thoughtful planning, it’s possible...

Mid-Year Tax Moves: Strategies to Lower Your 2025 LiabilityWhile the April tax season may seem far off, summer is the perfect time to make some strategic financial decisions that could...

Take Advantage of Section 179 DeductionsSummer's lazy pace may tempt you to relax, but it’s the perfect time to spring into action with your financial planning. Section 179 deductions allow...

When significant legislation emerges, like the "One Big Beautiful Bill Act," it can feel overwhelming for business owners trying to decipher the changes and their implications. Building on the 2017...

What Happens if I Misclassify a Worker?If a worker is incorrectly treated as a contractor when they should be an employee, it can lead to penalties, back taxes, and interest. You may also owe...

It's summertime—a period often seen as a chance to slow down and recharge. However, for savvy business owners, it's also an opportune time to engage in strategic financial planning. Although tax...

Embarking on the journey of entrepreneurship is a rewarding experience, allowing you to turn your passions into a business. However, the reality is that running a business often comes with time...

Small to medium-sized business owners often face the Herculean task of managing multiple operational functions simultaneously. Among these vital tasks, payroll and bookkeeping stand out as both...