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HomeTagOur Two Cents

Breaking Down The Families First Coronavirus Response Act

Budgeting & Loans

23Mar

Breaking Down The Families First Coronavirus Response Act

Today, the Treasury issued new guidance for the Families First Coronavirus Response Act regarding COVID-related paid leave for workers’ health or to care for their families, as well as tax credits for businesses with 500 or fewer employees

23Mar

7 Steps to Prepare Your Company for an Economic Downturn

During times of great economic uncertainty, it is wise to prepare your company for potential hard times, such as those we are facing now with the coronavirus pandemic.

12Mar

ASC 606: What You Need to Know

ASC 606, a new accounting standard, changes the way businesses recognize revenue in contracts with customers, particularly customer payments.

4 Steps to Build Business Credit Quickly

Budgeting & Loans

4Mar

4 Steps to Build Business Credit Quickly

Just as building personal credit history is crucial for your own finances, building business credit is crucial for your business finances.

How to Make Your Company Stand Out in a Competitive Job Market

Accounting

18Feb

How to Make Your Company Stand Out in a Competitive Job Market

Unlike the old days, it’s now possible for jobseekers to find openings practically anywhere. We can thank the internet for this, and the rate at which it’s being used to connect jobseekers to recruiters.

Pancakes and Pianos: A Primer on Business Tax Deductions

Tax Tips

4Feb

Pancakes and Pianos: A Primer on Business Tax Deductions

Do you find taxation confusing? I did. Then I became a tax accountant. I still find it confusing. Just not as much or as often.

Angel Investors + 4 Other Ways To Fund Your Startup

Budgeting & Loans

10Jan

Angel Investors + 4 Other Ways To Fund Your Startup

You already know your startup needs funding in order to succeed.

2Dec

How Should You Budget for Marketing in Your Small Business?

“You need to spend money to make money.” Whoever came up with that was probably in marketing, or should have been.

Estimated Taxes, a Clever IRS, and a Well-Dressed Mobster

Tax Tips

12Nov

Estimated Taxes, a Clever IRS, and a Well-Dressed Mobster

Taxable income is cleverly defined by the IRS. Instead of making certain types of income taxable, and leaving the rest not taxable, it took an opposite position: all income is taxable—unless it’s not.

1Nov

Use a Backdoor Roth IRA to Build Tax-Free Savings

Learn how you can maximize your retirement savings through a handy accounting maneuver known as the “backdoor Roth.”

29Oct

Five Common Reasons Small Businesses Fail

As a small business owner, you might be worried when you find out how frequently small businesses fail. Especially when you read that according to the Small Business Administration, only about half of all businesses survive past the first five years.