Daycare Providers Income and Expenses
Even if you operate your daycare business as a sole proprietor or have no employees, you should obtain an EIN.
Corporation Meeting Requirements
Corporations are often formed for purposes of protecting shareholders from liability. If formalities are not followed, the corporate veil can be easily “pierced” by a court, resulting in personal liability for the shareholders. Lack of adherence to corporate formalities (including holding an annual meeting evidenced by annual minutes) is a primary reason why courts may …
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Your organization is growing. We can help you scale with confidence to stay ahead of the curve. We’ll monitor business performance with straightforward reporting and tailor your reports to the information that matters, so that you have the data you need, when you need it. Add in our expertise as your strategic advisor paired with the power …
Buy-Sell Agreements
Buy-sell agreements are usually part of a succession plan put in place to protect the financial interests of the owners of closely held companies and their heirs and to protect the company’s stability in case of a major event.
Business Use of Home
To take a business deduction for home office expenses, you must use your home under one of the following scenarios. Download the full, no strings attached, newsletter to learn more. Join our email list to have weekly QuickBooks Online tips and tricks delivered to your inbox beginning January 2024. Simply sign-up at the bottom of …
Get free personalized setup from Intuit after you migrate to QuickBooks Online
The QuickBooks Online Customer Support team is offering Free Personalized Setup*, a complimentary one-hour onboarding session to help you get started. What you can expect: Intuit experts provide a guided tour of QuickBooks Online, including: To learn more about Personalized Setup, please contact Intuit Support at 800-459-5183, M-F, 8:00 AM to 8:00 PM, ET or …
Business Owners Taking Money Out of a Business
When taking money out of a business, transactions must be carefully structured to avoid unwanted tax consequences or damage to the business entity. Business owners should follow the advice of a tax professional to make sure financial transactions are controlled and do not cause unanticipated taxation or other negative effects.
Business Management Tips
A business plan helps to define short- and long-term goals for the business and the methods for measuring the level of success in reaching them. Many banks and investors require a written business plan before lending to or investing in a business. Also, by carefully examining each aspect of a business at its beginning, a business can be structured to create the maximum level of tax advantage for the owners.
Working together as a team
We specialize in providing comprehensive bookkeeping solutions for businesses. We’ve been doing it for years and hope to become your trusted partner and strategic bookkeeping advisor. Let’s get together and discuss you, your business, and the services we offer. Please use this link to schedule some time. Never feel frustrated again, we provide peace of mind with professional bookkeeping and QuickBooks Online ProAdvisor …
Newlywed Tax Tips
Updating your status from single to married may bring about some unanticipated changes, including changes relating to your taxes. While wedding planners don’t typically use an IRS checklist, here are a few things to keep in mind when filing your first tax return as a married couple.