As the CEO, being an expectant mother can bring on many emotions. Hopefully it’s mostly the good and squishy butterflies; but we understand that owning and operating a business can also leave you with questions and anxieties. We want to help you prepare your business for this exciting time in your life so that you […]

Yahoo – congrats on your new LLC! You are now a separate legal entity from your business and are able to have the legal protection that the LLC offers.  And we can also now look at some higher levels of tax strategy that are open to you under this new structure by electing S-Corp Status.   […]

Every accountant will tell you the same thing:  “Don’t commingle your funds” (which is accountant lingo for ‘don’t mix your business and personal money’). BUT, I don’t often hear them explain why. If pressed, they will usually talk about audits being worse, LLC protection voided, and complex things that like.  And while those are absolutely […]

I had a little explaining to do in the carpool line when my then 6 year old blurted that out during school drop-off one day.  Many of the other parents and teachers were confused, and honestly the IRS doesn’t understand what I do in my business much better.  If you spend hours teaching workshops on […]

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 […]