Summer is a time associated with joy, leisure, adventure, and nature. But for busy working parents, summer can be a stressful time with kids out of school and wandering aimlessly. Many take advantage of daycares, babysitters, and summer camps to help entertain their little ones and the great news is that these can result in [...]
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Influencers might seem like they live pretty charmed lives. Creating content and receiving free gifts and trips all the time? Sign me up! Even more so, influencing can be a pretty lucrative career with even niche Instagram influencers and YouTubers regularly making 6+ figures. But before you rig up your ring light, remember that taxes [...]
If news about A.I. has been all over your LinkedIn timeline lately, you aren't alone. With its new accessibility through tools like ChatGPT, artificial intelligence has become all the rage for businesses. It's been heavily discussed for both its potential benefits and downsides, including its potential to engineer major medical breakthroughs and displace many job [...]
CFOs, or Chief Financial Officers, are integral to the long-term financial success of your organization. They can help your team with financial projections and growth strategies, track essential costs, and provide guidance on everything from asset management to loan negotiation. However, some smaller organizations only need these CFO services periodically and cannot justify the high [...]
If you have not been following the news, you might not know that ridesharing apps like Uber & Lyft have recently won a major victory in court. The courts upheld Proposition 22, a voter-approved California law stating that rideshare drivers like those working for these two companies and DoorDash and other food delivery services are [...]
Do you have a hobby? In the age of Netflix and social media, it may seem like hobbies are a dying breed. Unless of course, you are an IRS agent reviewing tax returns, then you might see dozens of pesky and very expensive hobbies. Hobbies are legitimate (and healthy!) but too often they are abused [...]
Something we like to tell our clients regarding tax write-offs and advice: “If it seems too good to be true, it probably is.” Such was the case when one man set the internet ablaze with his Tik Tok describing how he writes off all his business suits by turning them into “uniforms”. His advice was [...]
A lot of new changes have been taking place lately in regard to finances - the rise and fall of crypto empires, remote work testing the landscape of state income tax, and the uncertain future of many pandemic-era provisions. Not all of it is stressful and confusing though. New laws have brought some especially noteworthy [...]
The Tax Cuts and Jobs Act introduced in 2017 had a widespread impact by nearly doubling the standard deduction for tax filers. While many people were pleased by that increase in the deduction, few realized how bunching tax deductions could help them to take greater advantage of this increase. Here is how it works. What [...]
The holidays are quickly approaching, with Thanksgiving just around the corner. Your company may want to spread some holiday cheer to your customers or employees. So, we thought a quick reminder on the tax rules related to holiday gifts and parties. Employee Holiday Gifts As a general rule, anything of value that a business transfers [...]