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Taxes April 5, 2024

Watch Out for These 10 Common Bookkeeping Mistakes of SMB Owners

Small and medium-sized business owners often juggle numerous responsibilities, from managing operations to handling finances. Amidst this chaos, bookkeeping can easily become a neglected aspect, leading to financial instability and a plethora of potential errors that could harm the business’s financial health.  Recognizing some of these common bookkeeping mistakes and how to avoid them are […]

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Experts April 4, 2024

Passive Partnerships, the right choice for you!

I have had several conversations this week with investors who are considering getting into a partnership but were confused as to the best options as far as structuring goes. Option 1, do nothing as far as a legal structure goes and invest as two sole proprietors otherwise known as a general partnership.  Operating without any […]

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Taxes April 3, 2024

Tax Planning vs. Tax Preparation: What’s The Difference?

Tax planning and tax preparation are two important services that can help you improve your business’s financial health.  Most people assume they’re the same, but both strategies serve different purposes. Tax prep focuses on gathering your information and completing your forms properly. Meanwhile, tax planning is all about maximizing your tax savings.  This blog will […]

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Business formation April 2, 2024

Tax Preparation Checklist For Small Businesses

Tax season can be quite a stressful time for small businesses. You must gather all your documents and accurately fill out your forms while closely monitoring your operations. It’s a meticulous process that demands your full attention. Fortunately, you can make the tax filing process easier by creating a tax preparation checklist. In this blog, […]

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Experts March 29, 2024

Financial Readiness Checklist!

Financial Readiness is making sure your “house” is in order.  Preparing for the best and preparing for the worst.   Investing in real estate or owning a business isn’t complicated, it just needs to be done right.  Here’s the Checklist:       Revocable Living Trust & Will:  We’re all going to die someday, and when the good lord takes […]

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