July 25, 2017

Four Reasons the IRS Might Audit Contract Employees

When you work as a contractor or 1099 employee, there are plenty of perks like: choosing your schedule, cherry-picking assignments, picking up extra work when money is tight, and even turning down gigs when you need more personal time. However, with those perks comes added responsibility, and one of the […]
June 13, 2017
young businessman at office

Tips for Starting a New Business

Becoming an entrepreneur can be a fulfilling experience personally and professionally. However, taking on this journey isn’t for the faint of heart. You get to be your own boss, but the venture pretty much demands your complete focus. Here are 4 tips for starting a new business. Choose Your Legal […]
May 30, 2017

Moving Your Accounting to the Cloud

Moving from desktop accounting software to an accounting cloud is the best decision you can make for your business. Not only does cloud based accounting give you real time access to your numbers, it also reduces software expenses and saves you time. Cloud based accounting is often pay as you […]
May 22, 2017

You Filed For An Extension. Now What?

Federal taxes were due to the IRS by April 18th this year. However, due to circumstances, you may have filed for an extension of time to file your income tax returns. A tax filing extension comes in handy for people who might be traveling during tax season, those that do […]
March 23, 2017

Want To Make A Retirement Contribution For Last Year? You Still Have Time

While tax filing season is fast coming to a conclusion, it’s not too late to make tax deductible retirement contributions which will be deductible on your personal and business tax returns. You should review the due dates for making retirement contributions, as well as consider extending deadlines to set up retirement […]
March 14, 2017

First Time Penalty Abatement With the IRS

If you’ve received a letter from the IRS notifying you that a penalty has been assessed to your individual or business account, the situation may not be as bad as it seems. That’s because in some cases, the IRS will remove the penalty – but only if asked to do […]