If you’re anything like me, you can’t stand clutter. Mail, papers, physical clutter, digital clutter…when I am in the mood to purge, oh man – it’s all going. Especially at the end of the year when we are preparing for the holidays and spending more time indoors. When it comes to business and financial records, […]

Vendors, Team & Employees: The Difference Between Employees vs. Contractors You’re building your team. But should your next hire be an employee or a contractor? While this often falls under the Human Resources umbrella, we are asked this question by the business owners we support because of the financial implications of hiring (taxes, payroll, cash […]

And should I file an extension? Most business owners choose to work with an accountant to file their taxes, even if they take care of their own bookkeeping throughout the year, which is great (as long as you are working with the right accountant for your business!) However – you are still responsible for all […]

And do I need to pay them? If you are a W2 employee, you are essentially paying taxes every time you get a payroll check.  But, if you aren’t on a regular payroll, or have earnings from a business or investments, then you aren’t going to send those payments in as regularly.  The Federal & […]

These are the messages you heard (and continue to hear) from your family and friends and the media about money, business, wealthy people, poor people, The IRS, all those things.  They are in your subconscious and many times, we aren’t even aware of all of them.  And, you know I could climb up onto my […]

We get it, Glennon, it’s confusing for a lot of people 🙂 Let me start by first defining what the heck I mean by the corporate structure of your business – it’s just the kind of company that you have. This is a registration process that you go through with the state where you live/operate your […]

First, you might be wondering what the heck is a tax deduction?!  Or more commonly known as a “write-off”. Here’s the thing, a lot of people get this wrong, including David from Schitt’s Creek. (Also, we need to get this out of the way before we continue.  Every business is different and if you want […]