Bookkeeping for Beginners: Organize Your Business Finances
Starting your own business feels incredible—until reality hits: you’re also now the bookkeeper. If you’re wondering, “How do I even start my bookkeeping?”, you’re not alone. We’ve been there. So have thousands of business owners we’ve coached—some who got it right early, and some who learned the hard way. Good news? You don’t have to figure it […]
Maximizing Vehicle Write-Off for Your Business
Business vehicle write-offs under current law help company owners deduct more than ever – faster than ever – from their taxes. But the specifics are sometimes confusing (not to mention they can change year by year). Never fear: I’m here to help. Let’s dig into the nitty-gritty of vehicle write-offs for your business, so you […]
How to Write-off Your Travel Expenses
Making sure our travel has a ‘business purpose’ is critical and a perfect opportunity for business owners for a great tax write-off.
What is a COPE for Asset Protection?
A Charging Order Protection Entity (COPE) is a unique type of entity that can provide additional protection for the assets it holds from the owner’s personal liabilities. It is far more advanced and complex than the average LLC.
How to Sell Your Business: What Every Owner Needs to Know Before Exiting
Thinking about selling your business? Whether you’re ready to move on or just exploring your options, selling a business is a major financial and emotional decision—and it’s not as simple as listing it and waiting for offers. If you want to increase your business valuation, attract serious buyers, and secure the best deal possible, there’s […]
Last-Minute Contributions and Deductions Before April 15th
April 15th is more than just “Tax Day.” It’s your last chance to make key financial moves that can still impact your 2024 tax return—even though we’re already in 2025. Whether you’re a business owner, investor, or simply looking to reduce your tax bill, these final contributions can still pack a punch. Here’s your checklist […]
Last Minute Tax Strategies Before Filing
As the April 15, 2025 tax filing deadline approaches, it’s normal to feel a mix of urgency and anxiety. However, even in these final moments, there are strategic moves you can make to optimize your tax situation. Whether you’re considering filing an extension or aiming to uncover overlooked deductions, here’s how you can take control […]
The Most Common IRS Penalties and How to Avoid Them
There are three (3) common IRS penalties that hit individual taxpayers the most—and the good news is, they can easily be avoided with just a little planning.
Depreciation Deduction: How It Saves You Money on Taxes
Taxes are inevitable, but overpaying them? That’s optional. If you’re a business owner or entrepreneur, you need to know about depreciation and deductions—one of the best ways to legally reduce your tax bill. In this guide, we’ll break it down in simple terms, answer common questions, and show you how to maximize your financial benefits. […]
