Between supply chain problems, labor shortages, fuel costs and inflation at record highs, costs for business owners have been steadily on the rise. According to some economic experts a typical yearly jump in inflation in the U.S. is two percent, yet prices are rising about five percent annually as inflation continues to disrupt the economy.[…]
The dream of running your own business began with certain expectations and desires, including making more money and finding more satisfaction in your work. But, sometimes, it may feel that neither of those things is true. Let’s take stock and see how you may have gotten sidetracked and map out a strategy to get you[…]
Unfortunately, far too many business owners blow through their budgets, spending more on everything from office space to technology and marketing. If that sounds like you, there are ways to reign in your expenses and help your business gain more financially sound footing. Here are some tips to help guide you: – Among the largest[…]
Business owners who are moving their businesses can claim a number of deductions, although the IRS has certain requirements that must be met. It is always recommended that you check with a tax professional and the IRS to confirm your individual situation. The cost of moving business equipment, including all computers and peripheral equipment, supplies,[…]
How small business owners should prepare for a meeting with their tax professional
By diamondcpas Business Taxes Feb 08, 2019
As any small business owner will tell you, being prepared for tax season is critical. Here we offer some key advice to help you get ready for a meeting with your tax professional. If you follow the steps and keep important filing dates in mind, you’ll be fully confident and there’ll be no need for[…]