DENISE STUBBS, CPA

Timing your business purchases can save you thousands.

Because the line between business and personal isn't always as clear as you think One of the most common questions we get from business owners is some variation of "Can I deduct this?" followed by a description of an expense that falls somewhere in the gray area between personal and business. The answer is usually "It depends," which isn't very helpful when you're trying to figure out your taxes. The truth is, the IRS has rules about what makes an expense deductible, but thos

Let's talk about something most business owners don't want to think about: bookkeeping. It's not exactly the fun part of running a business. But here's what's scary: bad bookkeeping doesn't just mean messy records. It means you're probably losing money in ways you don't even realize.

Economic headlines can be scary. Inflation concerns, interest rate changes, and market volatility. It's enough to keep any business owner awake at night, wondering if they're prepared for whatever comes next. But here's what we've learned from helping businesses navigate the ups and downs of recent years: the companies that thrive during uncertain times aren't necessarily the biggest or the luckiest. They're the ones that plan ahead and build financial resilience into their o

Every year, small business owners overpay on their taxes. Not because they owe more than they think, but because they're missing deductions hiding in plain sight. These aren't sneaky loopholes or aggressive tax strategies. They're legitimate business expenses that you're probably already paying for, but not deducting.

DIY Tax Software commercials make it look so easy. Click a few buttons, answer some questions, and boom, your taxes are done for less than the cost of dinner for two. But here's what those ads don't tell you: sometimes that "affordable" DIY software ends up being the most expensive tax mistake you'll ever make.

CPA or Bookkeeper? (And Why You Might Need Both)