Finance, Accounting and Tax Planning Tips
What to Do Now That Tax Season is Over While this year’s tax season is now safely in our rearview mirror, that doesn’t mean that your financial responsibilities are over. Preparing for your taxes should be something that you integrate into your routine year-round. Doing this will help you avoid stress and reduce your risk…
The Best Ways to Destress After Tax Season Tax season is stressful, even for the most prepared businessperson. Over half of Americans and many small businesses across the country are already stressed about money and filing your taxes can make this pressure even worse. Everyone becomes more run down and workloads increase to try and…
Restaurant Revitalization Fund (RRF) Assistance We are helping our clients with the process of the Restaurant Revitalization Fund – preparing the paperwork, applying for the fund, and following up. We’re fully caught up with the most recently updated rules and guidelines. Contact us today at (708) 788-0082 or at [email protected] for assistance with the Restaurant Revitalization Fund, so…
Your Guide to a Successful Financial Audit At the end of the year, you need to compile a certain number of reports that outline the details of your financial statements and any associated accounts. This allows for complete transparency to lenders, investors, and governmental agencies. While oftentimes financial audits are associated with negative connotations, they…
Understanding What the New Coronavirus Relief Package Means for You The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed on March 25, 2020 in an effort to provide fast and direct relief from the devastating effect of the coronavirus pandemic. It was considered the largest economic relief plan to date so far in…
10 Easy End of Year Tax Tips to Increase Your Tax Refund As the year comes to an end, it’s time to start thinking of your income and make some decisions that will help you increase your tax refund. Make sure that you keep all of your receipts throughout the year and start getting them…
Top 7 Benefits of Outsourcing Your Small Business Payroll Payroll is one of the most important parts of any business. Without payroll, you wouldn’t be able to hire employees and compensate them for their time. You’d also be stuck facing legal penalties for tax evasion… or worse. However, as a small business, payroll can seriously…
How Coronavirus is Affecting Small and Midsize Businesses Over the past few weeks, news channels, social media platforms, radio stations, and casual conversations have been dominated with information relating to the novel coronavirus, COVID-19. We’ve seen a drastic shift in how we live our daily lives and every day brings updates and more uncertainty. What…
Investing 101: How, Where, When, and Why to Begin Many people rely on investment accounts to help supplement their income and contribute to long-term wealth. The people that are the best at this are ones that have done their research, worked with professionals, and gained experience over the years. If you haven’t started investing yet,…
Setting Realistic Financial Goals Financial goals are important to have. They’ll help keep you comfortable during everyday life and make sure that you’re setting yourself up for success in the future. Unfortunately, most financial goals fail. The primary reason for this is that they’re unrealistic. You can’t save up $5,000 in 2 months if you’re…