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Accounting and Tax Tips Blog

IRS Updates the 2021 Tax Deadlines

When it comes to the pandemic, we are starting to see the light at the end of the tunnel. Hopefully, this progress is sustainable. And while things are starting to look more optimistic, many small businesses are still reeling from the economic ramifications of the...

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Best Invoicing Software for Freelancers

Businesses can’t survive unless they’re making money, and invoicing software can help you get paid quickly and efficiently.  Some companies choose to implement their own invoicing systems, but DIY invoicing can become cumbersome once your company gets larger. The best...

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How The December 2020 Package Affects Small Businesses

The pandemic devastated the small business sector in 2020, so the government passed another round of stimulus measures in December of 2020. This December 2020 stimulus package provided additional support for the Coronavirus Relief Fund (CRF), including direct payments...

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Home Office Deduction: What You Need to Know

As a business owner, tax deductions are your best friend. They help lower your taxable income, which helps you lower your tax bill. Qualified business expenses can actually be a huge benefit come tax time. Office supplies,  marketing costs, and even office rent can...

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