by tracey | Feb 27, 2025 | Accounting, Bookkeeping Tips, Profitability Tips, Tax
Tax deadlines are critical to running a business, yet they are often stressful for small business owners. Missing a deadline can lead to fines, penalties, and unnecessary complications that harm a business’s bottom line. However, navigating tax deadlines can become...
by Fran McCully | Oct 24, 2024 | Accounting, Bookkeeping, Tax, Year-End Strategies
As the year draws to a close, it’s time for CEOs to look ahead and think strategically about the upcoming year. One of the most critical elements of a successful year is starting with a well-planned budget that aligns with your business objectives and goals. As...
by Fran McCully | Oct 15, 2024 | Accounting, Bookkeeping, Tax, Year-End Strategies
As the year draws to a close, preparing accurate and thorough financial statements becomes a top priority for every business. Year-end financial reporting is more than just a regulatory requirement—it’s a vital tool for understanding your company’s financial health,...
by Fran McCully | Oct 8, 2024 | Tax, Year-End Strategies
As the end of the year approaches, tax planning becomes a critical task for businesses of all sizes. Proper tax planning can help your business minimize its tax liability, take advantage of deductions and credits, and ensure compliance with all regulations. Whether...
by Fran McCully | Mar 23, 2020 | Tax
Both the IRS and Treasury have announced that the deadline to file AND pay your individual federal income tax for the tax year of 2019 has been extended to July 15, 2020. Many states have extended their deadlines as well; please check with us to determine the deadline...
by Fran McCully | Feb 13, 2020 | Accounting, Bookkeeping, Business Tips, Tax
You might wonder why there are so many extra tasks at year-end. While the government requires much of the work, there is clean-up work and adjustments that need to be done to make the books accurate. It’s not always cost-effective to perform all of these updates...