What Financial Information Do You Need to Pay Your Business Taxes? Tax season can be stressful, but staying organized throughout the year can make the process much smoother. Here’s a breakdown of the key financial documents you’ll need to ensure you’re prepared to file your business taxes: 1. Income Records đź’µ Sales & Revenue: All …
We all want to do a great job managing our business finances, but there are so many things you must do when you are a #solopreneur! Here are some tips to help you on your journey and if you need help or have questions, feel free to contact us at 281-367-0372 or drop us a …
DOWNLOAD YOUR FREE PDF! Understand Your P&L (Income Statement) It’s important to understand that your P&L (or income statement) is just one of the financial statements you need to understand the full financial picture of your business. Do you understand yours? No? Then download this free PDF and you will!
With the new Inflation Reduction Act and the hiring of IRS agents, it’s more important than ever to SAVE YOUR RECEIPTS! You can save them anywhere, , but save them! ONE BIG NOTE: A credit card statements IS NOT A RECEIPT, according to the IRS. There are many apps to save receipts. Here are …
“Quickbooks is too confusing for the average business owner” a former IRS Auditor Quickbooks has a learning curve and if you don’t know what you’re doing, it will cost you $1000’s of dollars to pay someone to clean it up. If you are a new business, I suggest you keep your expenses …
Before you look outside your immediate family to fill job openings in your business, you should be aware of the incredible tax benefits that come from hiring your dependent child to do the work for you. As a successful business professional, you understandably want to keep as much of your hard-earned cash in your family’s …
Tax Advantages Of Hiring Your Child At Your Small Business Read More »
Are you running your business blind or do you know how your business is doing financially?
Are your books ready for tax season? Do you need your books caught up or cleaned up?
This was written by the Texas Apartment Association in response to questions about the new Texas late fee law for apartment owners and owners of residential properties… In response to the many questions TAA has received regarding the new late fee law, we’ve categorized questions into the following top 10 topic areas. If you have …