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Depreciation- What You Need To Know To Save Money

Depreciation- What You Need To Know To Save Money

Did you know that your big ticket purchases can not only save you money on your taxes this year, but in future years too? It’s called depreciation – which is a fancy way of saying you’ll spread out your business deduction over a number of years. There are...
What You Need To Know About Business Entities

What You Need To Know About Business Entities

You’re starting a business, congratulations! Now, you’re probably thinking, “what’s next? How do I make this legit?” One of your first decisions is figuring out what business entity you should elect. Your business entity has far-reaching legal and tax implications for...
4 Steps For When You Get An IRS Tax Notice

4 Steps For When You Get An IRS Tax Notice

Paralyzed by that mail from the IRS?  Yeah, me too…. Getting mail from the IRS (or corresponding state agency) is stressful – regardless of whether or not you really are in trouble. If you’re like me, you probably think:  “Oh no, what did I do...
3 Costly Mistakes To Avoid When Paying For College

3 Costly Mistakes To Avoid When Paying For College

With over 40% of Americans with children at home, there’s a large part of our community that is parents.  And many of those parents hope their kid(s) will get a college education but are wondering how in the world they’ll pay for it. It’s no secret that the cost...
Money Vocabulary – 5 Words You Need To Know

Money Vocabulary – 5 Words You Need To Know

When you’re in business for yourself, talking about numbers and money is unavoidable. There are certain accounting terms that will pop up over and over.  And if you don’t have your MBA and don’t plan on getting one, sometimes those words fly right over your head....

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