Now that tax season has come to a close, you’re probably ready to take a load off and relax. But don’t get too comfortable! Now is the ideal time to…
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Let’s Bust 2021 Business Tax Extension Myths We get it. Time flies. And if time has gotten away from you when it comes to filing your taxes, not to worry;...
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Regardless of how much we earn, which politicians we support, or what type of music we like to listen to, one thing that unites pretty much all Americans is the...
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Yes, you read that right. If you’re talking tax breaks that could save you a million dollars when you sell your company, that list isn’t very long. QSBS is one...
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Due to the dynamic nature of launching a new business, it can be challenging for a startup to keep up with all of the latest changes to the tax code….
Now that tax season’s here, it’s important to familiarize yourself with all the deductions that are available. While many deductions may apply to you, today we’re focusing on business startup…
Many businesses miss out on a reduced tax bill because they don’t know what small business tax deductions and credits are available to them. And we hate to see it....
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Ever wonder what other business owners like you are doing to improve their back office throughout the year? Well, you’re in luck! Small Business Tax Services In every quarter, our…
By this time of year, you’re not even thinking about 2021 anymore. Most of you are probably thinking about what 2022 brings (that’s how growing businesses work, right?) But when...
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Yes - tax estimates are dreadful, but they can make or break a tax filing (and your sanity) depending on how they’re handled. Most people feel like they don’t have...
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Let’s start with...when are taxes due? First off, there’s more than one business tax deadline. We’ve included the most important dates to know below, so keep on reading (and take...
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If you are starting a business, then you have faced this question: guaranteed payments or draws? If you have owner-operators and outside money (e.g., friends and family or angel investments),…
It’s almost time for businesses to file their 1099s (before the yearly Federal deadline). There are a number of different 1099 forms that report the various types of income an…
On Oct. 6, four former lawmakers urged U.S. Congress to scratch proposals to retroactively end the Employee Retention Credit (ERC) in Q4 of 2021. They also pushed for more accessible…
Pumpkin spice, football, changing leaves, horror films, and an extra hour of sleep aren’t the only great things about fall! This year you can also enjoy savings! ‘Tis the season…
At the beginning of the year, financial advisors are spread extremely thin. So for more strategic help, it’s best to work with a tax advisor during the slow season. Here’s…
Paper checks. Do you even remember those? For many, the paper check is absolutely a thing of the past, thanks to automation. But for entrepreneurs (even the seriously tech-savvy ones)…
Fundamentally speaking, it might seem like nonprofit and for-profit businesses have nothing in common. After all, the main goal of a for-profit entity is to maximize profits for owners and…
It’s that time of year again: tax season. While it may seem like 2019 just got started, now is a good time to think about your personal and business taxes….
We get this question a lot, so don’t worry if you don’t know the difference between a CFO and a CPA. Here’s what you need to know as a small…
The new year is a great time to take a step back and assess your business. What did you accomplish in 2018? What are you trying to achieve in 2019?…
You may be familiar with Reddit’s “Ask Me Anything (AMA)” series. Here’s our version. First up — our COO and resident cryptocurrency expert, Matthew May. 1. What’s your favorite customer…
We know that we’ve had a lot of big updates coming your way recently. In August, we launched an entirely new brand and website. In October, we announced a new…
If you’re a chapter-based organization with the goal of growing your membership, you may not have a dedicated person for bookkeeping or accounting. But that doesn’t stop the questions about…
When cryptocurrency showed up, the accounting book flew out of the window. Not only did it make even basic accounting difficult, but with the very nature of cryptocurrency as a…
We want to help small business owners understand the new tax plan think of us as your small business tax advisors. So we’re partnering with Gusto to host an informational…
This post is part of Acuity’s Master Class Series, dedicated to shedding light on financial and other influential industry topics. Our goal is to provide a deeper understanding of the…
This post is part of Acuity’s Master Class Series, dedicated to shedding light on financial and other influential industry topics. Our goal is to provide a deeper understanding to…
This post is part of Acuity’s Master Class Series, dedicated to shedding light on financial and other influential industry topics. Our goal is to provide a deeper understanding to the…
Join Acuity the third Thursday of every month for a FREE webinar designed to help you reach your financial goals in 2017 and beyond. While we are proud to consider…
Note: there is a lot of misinformation floating around the web regarding these changes. If you’re not talking to a trusted Acuity advisor, we recommend sticking to IRS.gov, SBA.gov or…
Note: If you yourself are an independent contractor, check out this recent post on the good, the bad and the ugly of this full-time employment alternative. Once upon a time,…
If it seems like you’re spending more and more time each year thinking about and filing taxes, you’re not alone. In fact, the majority of small business owners spend more…
Running a small business is no easy feat. On any given day, you can face some major challenges that can stunt your business growth. Whether it’s growing your revenue, hiring new…
While as a solopreneur your to-do list is never ending, we wanted to help you break down, in a step by step way, what you can do to save yourself…
For some, small business accounting can be a nightmare. Can you picture it now (or maybe you’re already there)? Lost sleep agonizing over what “counts” and what doesn’t, bad dreams…
Welcome back to Tax Tuesdays. Not quite as exciting as Taco Tuesdays, but maybe more important. This week we are tackling the benefits of training tax credits. First thing to…
So what are some of the top small business tax breaks you should know this year? This question is asked constantly by all entrepreneurs. Why? Because every year brings a…
Can S-corps can save on taxes by up to 2% over LLCs taxed like partnerships? There is a trend among tax advisers pushing small business owners to being taxed as…
LLC vs S-corp Invariably “LLC or S-corp?” is one of the most frequent questions asked during my office hours. The debate used to be C-corp vs S-corp but in the…
