The Tax Cuts and Jobs Act (TCJA) of 2017 introduced substantial tax reductions and incentives for businesses, many of which are set to expire by the end of 2025. As this sunset approaches, businesses must engage in strategic tax planning to mitigate potential financial impacts. This article outlines key considerations and strategies for businesses to […]
How to Set Up a Bookkeeping Cycle in QuickBooks Online
Do you have a regular schedule you follow with your QuickBooks Online work? It can be a good strategy. Bookkeeping is cyclical. You tend to do the same things over and over, which may get to be a bit of a drag for you. QuickBooks Online can automate some processes, and it certainly helps minimize […]
Is Your Favorite Pastime Turning Into a Small Business? The IRS Wants to Know.
If you’re making $400 or more on your hobby, it’s time to start declaring it on your income taxes. We take on hobbies because we enjoy them. But at some point, we sometimes get enough people wanting the woven towels or the birdhouses or the Christmas ornaments we make that it’s time to start charging […]
Starting Your Own Business: The Essentials for New Entrepreneurs
Once you have an idea, starting a business can be very exciting, but also daunting. It is important to map everything out before you start to avoid potential pitfalls down the road. Here is a guide to set up your new business for financial success. Know Your Market It is crucial to conduct research on […]
Projects That Add to the Value of Your Home
You only have to look at the number of home remodeling shows on television to understand just how many people enjoy watching others upgrade their living spaces. These popular home remodeling shows have inspired many people to try their own hands at various remodeling projects. If you are interested in having work done on your […]
Transform Your Business Operations by Harnessing the Power of AI
Artificial Intelligence (AI) has emerged as a transformative force in virtually every industry, revolutionizing the way businesses operate and interact with their customers. From streamlining processes to unlocking valuable insights, the potential applications of AI are vast and varied. In this article, we explore how AI can help improve a business across multiple dimensions, driving […]