The Planner

As with any business investment or expense, you want to make sure you’re getting what you’re paying for.  The same rings true with an accountant or CPA.

Every American citizen is required to pay tax on all income they earn. This rule isn’t limited to your monthly paycheck. It also doesn’t matter whether you received your income in cash, check, goods, or services. As long as your earnings qualify as taxable, then you have to pay your dues in the year you receive your income.

Keeping an accurate log of your deductible expenses, income statements, and receipts is a crucial practice for tax purposes. You want to ensure that filing your tax return goes smoothly, whether it is for personal or business reasons.

You have successfully survived the start up of your business, and you're now making some money.   You know what that means?  Taxes!  One of the best tax strategies for entrepreneurs is funding a retirement plan.  Let's look at two popular options, the Solo 401(k) and the SEP IRA

The tax code is a confusing place for an entrepreneur, and it uses a whole different language.  One of the common forms business owners receive is a schedule K-1.  So What is a Schedule K-1?  Glad you asked! Let's discuss...

In today’s economy, most Americans are looking into gigs that can support their lifestyles, their finances and overall income. You could be working for Uber or DoorDash, posting product reviews on YouTube or being an Airbnb host.

Everybody's favorite part of business ownership, paying taxes! Yeah right! Sometimes, the deadline just sneaks up on us, so much that over 12 million people filed for extensions this year!

What's in a name?  Well Business ID Number means different things to different people.  Let's discuss the possibilities.

If you're like most Americans, the day that you send off your tax returns is a major relief. But dropping off your tax return isn't the end of the story, because an audit is always possible. If that's the case, you'll need good documentation to prove your return's accuracy.

Many people think of retirement plans as something that is only offered through a large employer.  However, as a small business owner, retirement plans can be a very good tax AND retirement strategy.  I’m pretty sure you didn’t go in business for yourself thinking you would have to work for the entire rest of your life because you didn’t have a retirement plan in place. Let’s discuss this.