Deductions and credits are two terms that are commonly misused. Both can minimize your tax liability, but they are separate concepts. As an individual or business owner, you need to understand those differences.
Business Accountant
Freelancers & Small Businesses: How to Stay on Top of Tax Time Like a Pro
Tax time can be stressful for freelancers and small business owners, Here are some tips on how to stay on top of this and other issues at tax time.
How Will New Federal Financial Policies Affect Your Small Business in 2025?
Federal policies change every year, the new administration has big policy changes planned that may affect your small business.
5 Financial Ratios Every Business Should Track
Success is more than an anecdotal concept you share with close friends and family. Simply saying, “My company is successful,” does not make it so. There are metrics to measure business prosperity, including liquidity, profitability, and returns. This article breaks down five key financial ratios your business can use to measure success.
7 Reasons Why Outsourcing Your Accounting is Better Than Doing It Inhouse
Your accountants won’t be based on-site, but they will be fully focused on the tasks you assign to them. Here are seven reasons why that’s a good idea.
The IRS Voluntary Disclosure Program (VDP) has been suspended. Will They Offer it Again?
The Voluntary Disclosure Program (VDP) launched on December 21st last year was suspended on March 22nd, just three months after its inception.
