by | Sep 20, 2016 | Accounting & Bookkeeping, Income Taxes, Other, Personal financial planning, Small Business Owners
Forming a working relationship with your accountant, either as a business owner or as an individual who wants to take control of your financial future, is perhaps one of the most important partnerships you can build. Unfortunately, a lot of people fail to do this and...
by | Sep 19, 2016 | Accounting & Bookkeeping, Current Affairs, Income Taxes, Personal financial planning
When you are working with an accountant to do your taxes you are really hiring them to complete a service. This means that you have the opportunity, and should take advantage of, the chance to ask at least a few basic interview questions. Meeting in advance of...
by | Aug 31, 2016 | Accounting & Bookkeeping, Cash Flow, Current Affairs, Income Taxes, Tax Tip of The Week
Tax deductions reduce your taxable income and cut your taxes by the amount of your top tax bracket. For example: If you make a $100 tax-deductible contribution to the Red Cross for the Oklahoma tornado relief effort(and I hope you did) and you are in the...
by | Aug 29, 2016 | Accounting & Bookkeeping, Income Taxes, Small Business Owners
It's never too early, right? As a small business owner or an entrepreneur you should be talking to your accountant at least once or twice a year, and ideally more often, to make sure that you are taking full advantage of any tax deductions or opportunities...
by | Aug 9, 2016 | Accounting & Bookkeeping, Books, Income Taxes, Personal financial planning, Small Business Owners
If you have a home business or a home office, it can be difficult to know just what you can claim as a business expense and what you can’t. There are some common expenses that self-employed people working from home often miss claiming because they aren’t aware of the...
by | Aug 8, 2016 | Accounting & Bookkeeping, Income Taxes, Personal financial planning
Preparing for your annual visit to your accountant for tax season doesn’t have to be a stressful time in your life. In fact, if you have kept organized records, or at least have all your receipts and documentation in one place, it can be very easy to do. Working with...
