Reaching as many customers as possible is every small business owner’s goal. And if you’re a business owner who’s doing your best to remove barriers for customers and employees with disabilities, then in addition to expanding your business’ reach, you…
Viewing your investments like a farmer views their crops is a great way to ensure you’re cultivating growth, managing risks, and harvesting the highest yields. In today’s post, I’ll explain how you can use the tax-loss harvesting strategy to minimize…
Stipends are becoming a creative and attractive way for small business owners to compensate and reward their employees. In today’s article, I’ll explain what stipends are, how to set them up, and how they can affect your taxes. What is…
The 2% rule for itemized deductions is a concept that used to apply to certain types of miscellaneous expenses in excess of 2% of your adjusted gross income (AGI).
If you’re a small business owner, you’re likely aware of the home office deduction. But did you know there’s another tax break you can use that involves renting your home to your business? In today’s post, I’ll tell you how…
We just returned from a much-needed and well-deserved (if I do say so myself) company retreat. We had an amazing time! And the icing on the cake is that the trip is 100% tax-deductible. In today’s article, I’ll share with…
Taxes and health insurance are two areas of your business that you probably don’t want to spend much time thinking about. These topics are boring and confusing to most people. I get it. The good news is that I actually…
As an accountant who works with small business owners, I know how much tax liability can impact the lives of our clients. In fact, the question I hear the most is: “How can I pay less in taxes?” This is…
Let’s just be straight about it—we all want to save money on our taxes. Anything that allows hard-working creatives, small business owners, and generally awesome individuals to (legally) keep more of their hard-earned cash is a huge win. While most…
As a small business accountant, the question I probably get more than any other is, “Can I deduct this?” And it makes sense—small business owners work hard for their money, and want to save every penny they can from getting…
