Blog

Here’s What You Need to Know About QuickBooks Receipt Capture

by Tracey Hrica, EA Aug 07, 2020

Keeping track of receipts is a headache every small business owner faces. Managing receipts is always a challenge for entrepreneurs who are busy, on the road, or just not as organized as they would like to be. Receipts end up EVERYWHERE: your desk, your car, your home, your office….the trash. If you are running a business, receipts are essential. Business expenses must be tracked on a monthly basis. There is nothing more anxiety-induc...

6 Easy Steps to Get Your New Business Started

by Tracey Hrica, EA Jul 22, 2020

Is there something you are passionate about? Are you ready to take the jump into entrepreneurship? If so, here are some steps to get you started. Set up a Business Bank Account – Keeping business and personal money separate is a fundamental piece of advice that most experts agree on. Get Paid Faster with User-Friendly Online Payment Tools – Roughly 80 percent of small businesses fail because of cash flow problems. Technology can ...

11 Things You Need to Know About PPP Forgiveness

by Tracey Hrica, EA Jul 17, 2020

July is the time of year we begin doing mid-year reviews and tax planning. July is not usually the month we have a tax filing deadline! It's been exhausting for us, as well as for taxpayers. But we got through it!  So, now we switch gears from 2019 returns to tax planning for 2020 and PPP loan forgiveness. Let's recap the latest PPP changes and guidance. Note: There are no banks accepting forgiveness applications yet. Only 60% of th...

It’s Almost Tax Day! Are You Ready?

by Tracey Hrica, EA Jul 12, 2020

I've heard of Christmas in July, but Tax Day? Come on! It's bad enough that Coronavirus took away my summer vacation, but giving us a tax deadline too? It's almost too much. At any rate, if you are in a mad dash to get your return filed, here is a tax post round-up for you. Tax Preparation Checklist It’s Almost July 15th! What if I Owe the IRS Taxes? 8 Common Errors Taxpayers Should Know and Avoid E-Filing Your Tax Return – 4 Key Be...

9 Things The IRS Doesn’t Want You To Know About Getting Married

by Tracey Hrica, EA Jul 03, 2020

Well, some of them they do, some of them they don't advertise. That's why talking to your accountant should be part of your wedding planning. New life developments can be exciting, but they also change every aspect of your finances. When you experience a life-changing event, your cash flow and tax bracket are probably the last things on your mind. Consulting an accountant during significant life changes can prevent common mistakes and s...

Latest Articles

3 Simple Shifts to Make Tax Planning Stress-Free and Effortless

Imagine walking into April, calm and collected, wi...


Are You Busy or Truly Productive?

The Busy Trap: Rethinking Productivity Beyond Busy...


Boost Profits with Smart Pricing Strategies

Smart Brevity Count:554 Words | 2 Minutes "Qualit...


Stress Over Your Small Business Finances Keeping You Awake? Try These Tips

Are you tossing and turning at night, unable to sh...


Five Important Post-Tax Season Actions for Small Business Owners

Just submitted your taxes? A sigh of relief, isn't...