Is Bookkeeping Actually Important?

Bookkeeping tracks the performance of an organization. Without this tracking, companies are left stranded at sea in the night with no lighthouses to guide them. Detailed financial records allow businesses to see what’s working and what isn’t so they can … Read More

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IRS Releases 2021 Mileage Rates

The Internal Revenue Service (IRS) has issued its 2021 standard mileage rates. Beginning on January 1, 2021, the standard mileage rates for the use of a car, van, pickup or panel truck will be:   56 cents per mile for business miles … Read More

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Taxable Employee Holiday Gifts

It is common practice this time of year for employers to give their employees gifts. Where a gift is infrequently offered and has a fair market value so low that it is impractical and unreasonable to account for it, the … Read More

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5 Ways to Stay Motivated at Work

Congratulations, you now own your own business. Now, you need to prove yourself in the role, which means staying motivated and on-task. This can be hard for a new entrepreneur. Here are some quick tips to ensure you’re a doer, … Read More

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Top 3 End of the Year Tax Planning Tips

Between the upcoming presidential election and the COVID-19 pandemic and its attendant stimulus packages, this year has seen more than its share of uncertainty around tax — which makes helping clients with year-end planning all the more crucial. “Year-end tax … Read More

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