The Latest on Digital Asset Reporting Digital assets are a form of value, like cash, but they exist only in digital form and are protected by strong cryptography. These assets often operate on a blockchain, distributed ledger or any...
Payroll Accounting: The Basics Payroll is an integral part of every business. The payroll accounting process involves paying wages, calculating hours, applying benefits, deducting taxes and collecting garnishments, all while staying in compliance with federal rules, state laws and...
Check Your Withholding Are you having the right amount of tax withheld from your paycheck? The IRS’sTax Withholding Estimatorhelps you calculate federal tax withholding, which affects your take-home pay as well as your tax refund or tax due. To...
Who Needs a Trust — and When A will is an important way to distribute your assets, financial and otherwise. One major limitation of a will is that you have to die before it can become effective; in other...
Intro to Business Deductions To be deductible, a business expense must be both ordinary — common and accepted in your industry — and necessary, helpful and appropriate for your trade or business. Generally, you cannot deduct personal, living or...
Is an Outsourced CFO Right for You? Outsourced chief financial officer firms provide you with an external expert to guide your company’s financial strategy, operations and planning on a part-time, contract or project basis. Leveraging this kind of external...
Employee vs. Freelancer: Tax and Financial Implications Let’s say you decide to onboard a freelancer, also known as an independent contractor. What should your next tax- and finance-related moves be? Let’s find out! What to expect when you onboard...
How to Use AI to Streamline Your Business Have you found yourself becoming more and more fascinated by all this talk of AI these days? Does the opportunity to drive more strategic growth and gain a competitive edge excite...
We are thrilled to announce that our office has relocated to a larger, more accommodating space in Grand Junction, CO. This move is a significant milestone for us, reflecting our growth and commitment to better serve you. You can...
Worst of the Worst: Top Personal Tax Errors If you make any mistakes on your tax return, you can end up owing even more money. This means you might miss out on the full refund you claimed. From interest...