by SEO | May 6, 2019 | blog
Profit and Loss Statements: A Path to Financial Clarity A profit and loss statement (P&L or P/L) is a vital document for your business. It is simply a list of your total gross income and expenses. There is no true ‘format’ for a P&L, because each business is...
by SEO | Apr 8, 2019 | blog
Discovering Truths: A Unique Medical Deduction Today, I want to show an example of an unusual even that had a very large tax impact. While this specific example is very rare, the principles behind the story apply to most of our clients. Every few decades there is...
by SEO | Mar 25, 2019 | blog
Tax Benefits for Homeowners You Shouldn’t Miss It is not an uncommon question to be asked what someone can deduct with their home. With the new tax laws, many answers are still quite similar, while the benefits may change for others. First the easy question, can...
by SEO | Dec 24, 2018 | Small Business
Tax Efficiency Tips for Small Business Success Track Your Expenses Receipts are like free money when it comes to taxes. Many of the receipts that you acquire over the year are for goods and services that can be deducted on your taxes which offsets taxable income. Of...
by SEO | Oct 8, 2018 | blog
Work Effectively with Your Accountant or Tax Preparer You wouldn’t use a hammer to tighten a nut, would you? I also hope you don’t use a screwdriver to brush your teeth. For every task there are several different tools that we could use. Some are better than others,...