Personal Finance Tip: Why You Should Know Your Net Worth Your net worth is all the things you own (assets) minus what you owe others (debts and liabilities). Understanding it can help you with financial…

Taxpayers should mark their calendars and consult with their CPA and advisors on the following deadlines. Upcoming Deadlines: September 15 -Third quarter individual estimated tax payments for 2021 are due. -Filing deadline for extended 2020…

If you secured a round one Paycheck Protection Program loan in late 2020 or early 2021, the time to apply for forgiveness is here. Remember that forgiveness is not automatic nor is it a given….

Tracking your miles whenever you drive somewhere for your business can get pretty tedious, but remember that properly tracking your vehicle expenses and miles driven can lead to a significant reduction in your taxes. Here…

You may recognize the name Bitcoin and maybe even Ethereum, but what about Litecoin, Dogecoin or Ripple? These are just some of the more than 4,500 cryptocurrencies available today. There are hidden tax complications associated…

Summer’s here, and most children are on their long-awaited summer vacation. If you own or manage a business, have you thought of hiring your children, nieces, or nephews for a summer job? If you do…

When tracking and planning your business objections, it’s easy to focus your analysis on two reports — the income statement and balance sheet. But one of the primary keys to your business’s success relies more…

When the American Rescue Plan Act was announced in March of this year, one of the most widely discussed tax changes was the revamped Child Tax Credit. Not only were the income thresholds adjusted and…