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Author Archives: admin

Reasons Why You Shouldn’t Do Your Own Taxes

Every January, countless Americans ask themselves a question: Should I try and do my own taxes this year? There certainly seem to be some advantages. You don’t have to pay someone else to do them. You could “theoretically” get them …
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Posted by admin | in Business Tax, Individual Tax | Leave a comment

Will I Earn Less Money if I Get a Raise?

As we said in a recent post, the more money you make, the more taxes you’ll [likely] owe. Not only is there more money to pay taxes on, but you make enough, and you’ll be bumped into a higher tax …
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How to Pay Yourself

For those who have always worked for other people, it’s a strange moment when you realize you have to pay yourself. Some find it amazing and inspiring. Others find it a little scary. Your business becomes bigger than you simply …
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Posted by admin | in Accounting, Business Tax | Leave a comment

Why You Owe So Much in Taxes

It’s not fun to fill out your taxes expecting a refund, only to discover you actually owe money. Or maybe you were expecting to owe a little, but you end up having to payback a lot. How did this happen, …
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Posted by admin | in Accounting, Business Tax, Individual Tax | Leave a comment

Tax Benefits of Going Green

It pays to be environmentally conscious. Literally. Not only is being green good for the world we live in, but it can be good for your finances as well. In an effort to encourage sustainability and good practices, the US …
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Buying vs. Leasing Office Equipment

Starting and continuing to run a business costs money. Often, more money than you actually have. Especially if the work you’re doing requires a lot of equipment. Many modern businesses rely on technology, including computers, phones, smart devices, printers, and …
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Posted by admin | in Accounting | Leave a comment

When Can I Start My 2017 Taxes?

Many people wait as late as possible to file their taxes. In fact, they might get an extension so that they can file them at a later date. In some cases, an extension can be a necessary measure due to …
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Handling End of the Year Bonuses and Taxes

With holiday shopping starting up, most people wouldn’t mind having a little extra money on their hands. In fact, many people rely on a Christmas bonus to help them get through the end of the year. Whether you call it …
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Last Minute Tax Deductions for 2017 (and Beyond)

We’re halfway through October, which means we’re just about to start the holiday rush. Soon, it will be Halloween and then Thanksgiving, and then Christmas, and before you know it, the year is over, and it’s time to pay taxes. …
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Posted by admin | in Business Tax, General Finances | Leave a comment

Paying Seasonal Employees – Where Do I Begin?

When your business is overwhelmed, unable to keep up with the workload and provide adequate service, it’s probably time to bring on another employee. But sometimes, the surge in business is only temporary. Or your business only runs for part …
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Posted by admin | in Accounting, Payroll | Leave a comment