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7 Biggest Mistakes in Handling Accounts Receivables

Managing your company’s accounts receivables is one of the most critical aspects of fiscal health. Yet, many business owners fail to effectively handle their accounts receivables, either directly or indirectly. Poor accounts receivables policies can lead…

2019 Tax Refunds Delay

As we get deeper into the 2019 tax season, some taxpayers are experiencing a delay in receiving their tax refunds. …

Changes In The 2018 Tax Forms

With the acceptance of the Tax Cuts and Job Act reform, we are now seeing the results of one of…

Childcare Options and Costs

One of the hardest things to do as a parent is to leave your child in someone else’s care so…

Cash Versus Accrual

The Tax Cuts and Jobs Act of 2017 has led to changes in the way companies choose to be taxed. …

Installment Sales

In recent years, the economy has been having its share of ups and downs.  When businesses and private citizens want…

Taxation of Minors

Most of the time, children are considered to be an extension of their parents when it comes to legal application…

Hobby or Business?

“You should sell those.”  It’s a phrase many people have heard when showing someone their crafts.  When does a hobby…

Crowdfunding and Taxation

In recent years, raising money online through third-party backers, or crowdfunding, has grown in popularity.  Originally utilized mostly by musicians,…

Thinking Ahead to 2019

With the close of 2018, we begin to look ahead to 2019 and ensuring that we set ourselves up for…

Lease or Buy?

Vehicle purchases are one of the largest expenses for most families.  With an increase in people choosing to lease instead…

Benefits to Hiring a Bookkeeper

When most of us think about running our business, we think about the fun things like product development, marketing and…

1031 Exchange Overview

It used to be that the term “Section 1031 Exchange” or even “Like-Kind Exchange” was uncommon except in certain circles. …

Is It Really the IRS?

We’ve all heard it before.  That voice on the other end of the line that states that she or he…

Taxation of E-Commerce

As the holidays near, more and more shoppers are turning to online methods of procuring that special gift.  And it…