Should You Do Your Own Taxes Or Hire a Tax Pro? small business tax tips taxes

When it comes to taxes, you're probably doing it all wrong.

Hiring a Tax Professional vs. DIY

Imagine this... We often find ourselves at a crossroads. One path involves your tax documents and do-it-yourself tax software; The other, an experienced tax professional who will take your...

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Breaking news: IRS Delays $600 Tax Rule for Individuals and Online Sellers! 1099-k irs side hustle taxes small business taxes

Breaking news! The IRS just announced they're delaying and revising the 1099K reporting changes that were supposed to go into effect starting this year 2023.

As you probably know, payment settlement entities were planning on issuing 1099K tax forms to individuals and online sellers who...

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Top 3 Tax Questions Every Small Business Owner Needs to Know! business tips small business

Hey there, small business owner! Do you dread tax season as much as I do? Even as a CPA, I've faced tax situations that made my head hurt. 

Today I'm revealing the Top 3 Tax Questions every small business owner absolutely needs to know

Just for reading my blog post, I have a...

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5 Money Mistakes Small Businesses Make and How to Avoid Them business tips small business

Today, we're diving into something very important for all you business owners out there - the top 5 money mistakes small businesses make, and of course, how to avoid them.

So, the first money mistake that small businesses make is...

#1 – Not Having a Budget

Imagine going on a road trip...

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Side Hustle Taxes: 9 Things You Should Know side hustle taxes small business

A lot of people wonder about how to pay taxes as a result of doing side hustle work, or what some call "gig economy work." It might seem hard to understand at first, but don't worry. Today, we're going to talk about it in a way that's super easy to understand.

In this blog post, I’m going...

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Five Important Business Lessons from Anthony Farrer of The Timepiece Gentleman luxury watches small business the timepiece gentleman

I’m back again with another blog post, hoping to share five business lessons that we can learn from the challenges faced by Anthony Farrer of The Timepiece Gentleman.

Love him or hate him, running a business is tough. If you’ve been there, you know what I’m talking about. And...

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The Huge Mistake Business Owners Make! Hint: Paying Employees in Cash small business tax tips

A huge mistake that comes up in business is something that doesn’t actually seem like it’s a big deal at all. And that is, paying employees or independent contractors in cash. 

Here’s why. The all powerful Internal Revenue Service, can can disallow the deduction entirely....

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