Financial Planning
Get legal advice on how to take control of your personal or business finances, whether you're tackling student loans, medical bills, taxes, or bankruptcy.
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5 Ways to Reduce Financial Stress When You're Sick
Reducing financial stress when you're sick requires some planning ahead as well as some reassessing of your budget. With careful planning and research, you can help reduce your stress during times of illness.
· 4 min read
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What Is a Profit and Loss Statement and How Do You Make One?
At its most basic, a profit and loss statement gives users information about a business' revenue, its expenses, and its net income.
· 7 min read
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What Is the Qualified Business Income Deduction?
The QBI deduction allows eligible individuals to deduct qualified business income from their taxable income. Find out if it can provide your business with valuable tax breaks.
· 9 min read
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What Is an Expense Report and Why Does It Matter?
Businesses can use expense reports to claim valuable tax deductions and confirm that employee expense reimbursements are legitimate business expenses.
· 7 min read
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What Is a Tax Levy and How Do You Resolve It?
If you don’t pay a tax bill received from the IRS, you could face a levy. Learn how to stop the IRS from seizing assets to pay the taxes you owe.
· 7 min read
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What Is a Schedule K-1 Tax Form?
You may need a Schedule K-1 form to pay taxes if you're involved with a business entity. Find out everything you need to know about this tax form.
· 5 min read
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EIN vs. TIN: What’s the Difference Between These Tax Numbers?
A TIN is any official taxpayer identification number, one of which is an EIN. The main takeaway is that EINs only apply to businesses, not individuals.
· 5 min read
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How to Fill Out a W9 for an LLC Disregarded Entity
If you own a disregarded entity, understanding how to fill out a W-9 can help you avoid tax withholding issues and keep your payments on track.
· 7 min read
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Accounting Basics: What Is Cash Accounting?
A cash accounting system is a system of accounting where the payment and expenses are recorded once the money transaction occurs. This applies both to when money is received, as well as when expenses are paid.
· 5 min read
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Everything a CPA Can Do for Your Business Besides Tax Prep
When business owners think about services CPAs can provide, preparing tax returns may be on the top of their lists. There are a number of other services CPAs offer that are relevant and can be very helpful.
· 3 min read
