Family money often arrives with a simple explanation: help with a down payment, financial support, or an inheritance. For someone […]
Money From Family Overseas: A Gift Can Still Require IRS Reporting Read More »
When you sell a home, the amount arriving in your bank account can be very different from the gain used
Selling Your Home? Review the Tax Numbers Before You Close Read More »
If your business had a difficult year, another tax bill can feel hard to understand. “We did not make a
our Business Lost Money. Could You Still Owe California Sales Tax? Read More »
“Everything is in QuickBooks.” That sounds reassuring. But having transactions in accounting software does not necessarily mean the numbers are
Your Bookkeeping Is Updated. But Are Your Books Actually Closed? Read More »
A family member living overseas sends you money to help with a down payment. Or you receive an inheritance from
Received a Gift From Overseas? When You Need to File Form 3520 Read More »
If you asked me whether your bookkeeping is working, I would start with one question: “What can you confidently decide
Your Books Are Up to Date. But Are They Helping You Run Your Business? Read More »
One of the most confusing situations for a business owner is seeing a profit on the financial statements while wondering:
Your Business Is Profitable—So Why Is There No Cash in the Bank? Read More »
One of the questions I hear fairly often from new business owners is: “Should I form an LLC so I
Does an LLC Lower Your Taxes? Not Necessarily—Here’s What Business Owners Should Know Read More »
In my experience, some of the most frustrating tax situations happen when someone makes a large purchase based on a
Can You Deduct Your Car Loan Interest? What I Would Check Before Buying a Car Read More »
If your business receives tips or adds service charges to customer bills, you may assume they are treated the same
Tips vs. Service Charges: Why the Difference Matters for Your Business in 2026 Read More »
For many business owners and self-employed individuals, September 15 is simply another tax deadline on the calendar. But in our
September 15 Estimated Tax Deadline: A Good Time to Check More Than Just Your Payment Read More »
If your business files Forms 1099, there is an important IRS system change coming. The IRS is retiring its long-running
IRS Update: FIRE Is Retiring — What Small Business Owners Should Know About Filing 1099s Read More »
