Bookkeeping 101

Bookkeeping 101

Mastering the Basics of Bookkeeping As a new business owner, you will certainly have some responsibilities you won’t be able to avoid. One of those non-negotiable part of your business is producing financial statements. It can be overwhelming trying to master a topic...
Bankruptcy – Everything You Need to Know

Bankruptcy – Everything You Need to Know

The Complete Guide to Bankruptcy Essentials Filing for bankruptcy protection is considered a statement on your ability to repay your debt to your creditors. Filing for bankruptcy will also put a halt to foreclosure or legal actions against you, and it stops creditors...
Top Tax Tips for 2023

Top Tax Tips for 2023

Tax Refunds May Be Smaller This Year Plan now to learn these 2023 tax tips avoid surprises in the future! If you’re expecting a tax refund in 2023, it may be smaller than last year, according to the IRS. Your annual balance is based on taxable income, calculated by...
What is an EA?

What is an EA?

The Evolution of the EA Role in Modern Business Have you ever seen the title EA next to a tax professional’s name and wonder what it means? Or maybe you’re familiar with the title and you’re curious about the differences between an EA and CPA? Either way, in this blog...
Familiarize Yourself With Tax Terminology

Familiarize Yourself With Tax Terminology

Energy Tax Credits: Your Guide to Financial Relief Yes, I know, tax terminology feels like a whole new language. For most people all of tax forms can be even more confusing than a foreign language. What’s the difference between itemized deduction and standard...
History of Federal Income Tax Rates: 1913 – 2021

History of Federal Income Tax Rates: 1913 – 2021

A Comprehensive Look at Federal Income Tax Rates History The United States federal government levies taxes on the income of its citizens and legal residents. The Internal Revenue Service (IRS) is the agency responsible for collecting these taxes.  Federal income tax...