Learn the eight common tax and accounting mistakes. As well as insights into why they occur and offering detailed strategies to prevent them.

For Business, Small Business, Tax Central, Tax Problems, Taxes

August 5, 2025

8 Steps to Avoid Common Tax and Accounting Mistakes

Accounting

For taxpayers facing IRS penalties, understanding the pathways to request penalty abatement can provide relief both financially and emotionally. From reasonable cause abatement to First-Time Abatement (FTA), this article explores these options, detailing the qualifications, processes, and considerations essential for crafting a successful request.

Abatement, For Business, Small Business, Taxes

July 22, 2025

Navigating IRS Penalty Abatement

Penalty Abatement

Self-employment (SE) tax is a tax consisting of Social Security and Medicare taxes primarily for individuals who work for themselves. Read more to learn.

For Business, Small Business, Tax Central, Taxes

July 15, 2025

Understanding Self-Employment Tax

self-employment tax

The death of a loved one is one of life’s most difficult times. Learn how you can start financial preparations as a surviving spouse.

Death of a Loved One, Financial Preperations, For Business, Personal Finances, Small Business

July 8, 2025

What to Do After the Death of a Loved One

Death of a loved one

Do you know what a cost segregation study is? If right for your business, it may help accelerate depreciation deductions on your enterprise’s building.

Depreciation, For Business, Small Business, Tax Central, Tax Deductions, Taxes

June 24, 2025

A Cost Segregation Study May Cut Taxes and Boost Cash Flow

Depreciation

Businesses, regardless of size or industry, continuously seek methods to optimize their financial strategies, and one critical area is the effective use of write-offs.

Business Deductions, Depreciation, Expensing, For Business, Small Business, Tax Credits/Deductions, Tax Deductions

June 4, 2025

Maximizing Business Deductions: An Introduction to Depreciation, Amortization, and Expensing

Depreciation

Ever feel like no matter how hard you try, your finances just aren’t working for you? You’re not alone. Many people, especially busy business owners, make the same costly mistakes when it comes to money. But what if you could flip the script and create a future where your finances bring you joy, not stress?

Finances, Financial, Financial Help, Financial Preperations, Financial Review, For Business, Personal Finances, Small Business, Taxes

May 28, 2025

Maximizing Your Financial Happiness: Stop the Cycle and Thrive

Financial

During filing season, the IRS sends out millions of notices, often leaving taxpayers confused, stressed, and scrambling for answers. But here’s the good news: an IRS letter doesn’t have to spell disaster.

For Business, IRS, Small Business, Tax Changes, Tax Problems, Taxes

May 21, 2025

How to Handle IRS Letters During Filing Season: What You Need to Know for 2025

IRS

Boost your retirement savings in your 40s and 50s with smart tax strategies. Discover how to use tax-advantaged tools and proactive planning to secure your financial future. Start catching up today!

For Business, Retirement, Retirement Planning, Savings, Small Business, Tax Planning, Taxes

May 1, 2025

The Retirement Catch-Up Plan: Maximize Tax Savings in Your 40s and 50s

Retirement

Individual Retirement Accounts – IRA – are essential tools for retirement planning, offering tax advantages that can help you grow your savings over time.

For Business, IRA, Retirement, Retirement Planning, Roth IRA, Small Business, Taxes, Traditional IRA

May 1, 2025

The Key Differences Between Traditional and Roth IRAs You Need to Know

The Key Differences Between Traditional and Roth IRAs You Need to Know cover