If you are a business owner and haven’t heard of the term “ERC”, I’d like to join you under whatever rock you’ve found to block out the real world. I feel like I’m constantly being bombarded with spam calls, emails, and advertisements online about how I’m “missing...
In the aftermath of a disaster, individuals and businesses are often left grappling with the destruction of essential documents and records. However, the IRS makes it clear: your burden of proof does not change just because documents are destroyed by an external...
In the intricate world of taxes, there's a simple truth: good bookkeeping is your best friend. The recent case of Gobran v. Commissioner serves as a compelling reminder of why meticulous record-keeping is not just a chore, but a necessity for every business owner. The...
Running a small business is like sailing a ship in uncharted waters. To ensure you're on the right course and headed towards success, you need a compass. In the world of business, that compass is known as Key Performance Indicators (KPIs). KPIs are essential metrics...
Running a small business involves a multitude of expenses, from travel to client meetings to attending industry conferences. Did you know that many of these expenses can potentially be tax-deductible? However, it's not as simple as declaring them; the IRS requires...
You already know we are #notyourtypicalbookkeepers, but there’s something that we do for every new client that I want to dive a little deeper into. I like to call it Chart of Accounts (COA) optimization. This service is designed to help you streamline your financial...
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