by Tiffany Phillips | Dec 18, 2024 | Accounting, Capital Gains, Deductions
If you’re like most small business owners, your days are packed. Between growing your business, managing your team, and keeping customers happy, there’s barely time to catch your breath—let alone think about taxes. But here’s the thing: tax planning doesn’t have to be...
by Tiffany Phillips | Dec 12, 2024 | Accounting, Capital Gains, Finance, Income Tax
As we move into 2025, the economic landscape is poised for significant changes, especially with the re-election of Donald Trump and his stance on BRICS tariffs. This article aims to dissect what these tariffs mean for the economy, small business owners, and the...
by Tiffany Phillips | Dec 4, 2024 | Accounting, Deductions, Finance, Income Tax
As the year winds down, Thanksgiving and holiday festivities are upon us. While this season is full of excitement, it’s also the perfect time to prepare for tax season. The hustle and bustle of the holidays may make it tempting to procrastinate, but taking action now...
by Tiffany Phillips | Nov 29, 2024 | Capital Gains, Finance, Installment Sale
If you’re a business owner, you’ve likely experienced moments when cashflow feels tight. Whether it’s due to an off-season, unexpected expenses, or slower payments from clients, the need for immediate cash can lead to stress and scrambling for...
by Tiffany Phillips | Nov 20, 2024 | Accounting, Deductions, Finance, Income Tax
The election is behind us, and as Donald Trump prepares to step back into office, one major question looms for small business owners: How will this affect our taxes? Regardless of where you stand politically, understanding the potential shifts in tax policies is...
