by cnn | Jul 5, 2021 | Becky’s Blog
If ever there was an abused expense deduction in the small business world THIS IS IT! You know, like when every meal you ever ate you deducted for tax purposes?!?! The overuse of this expense category led to many audits by IRS and many disallowed deductions...
by cnn | Jul 5, 2021 | Becky’s Blog
Tis’ the season! Oh, it’s here…for CPA’s and small businesses alike….TAX FILING SEASON! Yes, my friends, it’s upon us. And guess what? IRS has decided to change it up a bit, as if what we are currently dealing with isn’t enough. If you pay...
by cnn | Nov 16, 2020 | Becky’s Blog
Although I have never been on an actual set for a movie, I have been on a different “set” every day of my life since I was about 12 years old. No famous actors, no famous directors, no famous writers or producers. Just regular people. You are probably thinking “Well...
by cnn | Dec 6, 2019 | Becky’s Blog
If you are a business owner you are basically one of four types of entities: Sole Proprietorship, Partnership, S-Corporation, or C-Corporation. These entities were set up to be recognized for tax purposes, unlike an LLC which is set up for protection purposes, not a...
by cnn | Mar 8, 2019 | Becky’s Blog
Business Owner’s…I am talking to you! Tis the season for that phone call from your CPA that says “Get ready to write those checks to the IRS and the STATE for the profit that you’re showing!” Your immediate response, with red face and heart pounding through your chest...
by cnn | Feb 28, 2019 | Becky’s Blog
A typical “day in the life” as business owners looks something like this: We arrive at the office/building/salon/restaurant/etc with a plan of what we are going to do for the day. Our intentions are high. We have set the goals and tasks for the day and we start...
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