You might be wondering whether you’d be happier as the owner of your own accounting firm now that tax season is quickly approaching. You might be surprised to hear that… Read More »How to start an accounting firm on the right foot
Tax and accounting firms are recovering from the COVID-19 pandemic as we approach the new year, just in time to take on a slew of brand-new difficulties. There is a… Read More »Is your firm ready for the year ahead?
You succeeded. Your career has advanced from staff accountant to proprietor of a small business. You’ve already completed the work, you have the necessary skills, and you might even have… Read More »How to shift your mindset from accountant to business owner
Only four states have ever switched from a graduated-rate income tax to a flat tax in more than a century of state income taxes. Another four states may pass legislation… Read More »States Inaugurate a Flat Tax Revolution
In light of high inflation and inflation , the Biden administration announced it’s considering dropping its current tariffs on Chinese imports to ease inflationary pressures. The tariffs have indeed hurt… Read More »U.S.-China Trade War Hurt American Industries and Workers
With tax refunds averaging over $3,000 in 2022, refund checks can have a significant impact on many Americans’ finances, especially this year. If you’re looking for ways to maximize your… Read More »How to Turn Money Into More Money
Claiming Elderly Parents as a Dependent If no one else claims your elderly parent as a dependent on your tax return, the Internal Revenue Service (IRS) authorises you to do… Read More »Can You Claim Your Elderly Parents on Your Taxes?
What would you do if you had over $3,000 in your bank account? Isn’t that a lot? If your tax refund is anything like the typical direct deposit tax refund… Read More »How to Use Your Tax Refund to Boost Your Retirement Savings
Summer is the time of year when some people decide to start their own business. You could be deemed self-employed if you have a summer job, a part-time employment, a… Read More »Self-Employed Tax Tips & Summer Jobs