
Opportunities Business Owners Will Miss Out On Without Accounting Basics
It’s officially time to get serious about your accounting and taxes. Because if you’re an S corp or partnership and you haven’t yet filed your 2024 taxes, it’s imperative that you file an extension … immediately. That’s because March 17th is the deadline for filing Forms 1120-S, 1065, 1042, and others. Why else should you…
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Analyzing Cash Flow Is a Must for Your Small Business
During your latest grocery shopping trip, were you standing bug-eyed in the dairy section, gawking at the price of eggs? In the latest egg news, the U.S. is now looking to Turkey (how’s that for irony?) for help importing record-breaking amounts of eggs. That’s a major pivot in the global supply chain. And, it’s a reflection…
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Entity Type Affects Your Business’s Bottom Line
I won’t say I told you so, but I’m certainly thinking it: Beneficial Ownership Reporting requirements are back on as of last week. In the words of a friend of mine, “You’d think they were planning a trip to the Caribbean with the amount of flip-flops we’re seeing.” But you don’t have to start scrambling –…
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What the 1099-K Requirements Mean for Your Small Business
You’re in the middle of a very busy (and mentally tiring) season for your business right now. And unfortunately, it’s not mostly the fun stuff keeping you busy – it’s things more on the housekeeping side of running your business, like meeting tax and other important government deadlines. You’ve got quite a few of those…
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