New Year resolutions – we’ve all made them, and broken them − often before the end of January. There’s something about New Year celebrations that makes us yearn for a fresh start, but is there a way to make that desire for change more permanent? Here’s a twist that can make your resolutions more durable, more beneficial and less prone to that embarrassing quick fade. Align goals to your business… Read more
In the competitive world of real estate, every dollar counts. As a real estate agent, you work tirelessly to close deals, secure listings, and provide top-notch service to your clients. But are you doing everything you can to optimize your finances and save on taxes? In this blog post, we’ll explore valuable strategies and tips that can help real estate agents based in the United States save significant money on… Read more
Starting a new business is an exhilarating journey, marked by the promise of innovation, growth, and success. However, the path to achieving these goals is often fraught with challenges and uncertainties. That’s where professional advisory services come into play. In the competitive landscape of the United States, seeking guidance from seasoned experts can be the difference between a thriving business and one that struggles to stay afloat. In this blog,… Read more
Understanding the intricacies of the United States taxation system is essential for individuals, businesses, and even non-residents with financial interests in the country. With its complex rules, regulations, and annual changes, navigating the US tax landscape can be challenging. In this blog, we will provide a comprehensive overview of what you need to know about US taxation, covering key concepts, filing requirements, deductions, and recent updates. Tax Residency: Determining your… Read more
Income taxes are a significant part of our financial lives, and finding ways to legally minimize the amount we owe can have a substantial impact on our overall financial well-being. While tax laws can be complex, understanding and implementing various strategies can help you optimize your tax situation. In this blog post, we’ll explore some smart strategies to reduce income taxes in the United States. Take Advantage of Tax-Advantaged Retirement… Read more
Keeping track of sales, earnings, expenses, and purchases is fundamental to the overall health and sustainability of your business. Effective bookkeeping produces the data you need to evaluate your current practices, anticipate challenges, and set attainable future goals. But despite their proven importance, many business owners dread and avoid accounting tasks. In fact, 40% of surveyed entrepreneurs claim that bookkeeping is one the worst parts of running a business! Wondering if it’s… Read more
Having total control over your finances can give you an amazing sense of freedom. However, it takes a lot of discipline and hard work for you to be able to achieve this. In this article, we will share some of the most useful tips that you can start now to live a better financial life. Build multiple sources of income Whether it’s through your business, a side hustle, or investing,… Read more
If you’re like most small business owners, there are never enough hours in the day to complete every task on your list. Often you’re faced with prioritizing what you need to do right now – deal with a customer, meet a deadline, attend an event – and the things you know you should do for the ongoing growth of your business. Scheduling time to attend to these business activities on… Read more
Many small business owners think they’re saving money by handling their financials themselves. While it’s a real asset to learn bookkeeping basics, cash flow management and your tax obligations, hiring an accountant to oversee your finances has many benefits. Leaving your books to a pro will free up time so you can focus on serving your clients and implementing plans for growth. Here are a few ways an accounting professional… Read more
The start of the year is the perfect time to dust off last year’s business plan and set some new goals for the future. While some entrepreneurs love planning, others feel overwhelmed by the process. How do you decide on just a handful of goals that take priority, with so many moving parts that make up a business? These tips can help you get started brainstorming how your company can… Read more
Want to avoid paying more than you should come tax time? Or a frantic last minute search for missing financial records? New business owners have a lot on their plate, and can easily lose track of an approaching tax deadline or financial data needed to submit their return. Organization is key when preparing for tax time. As is taking advantage of the many tools and resources out there to support… Read more