Big Goal for 2021: Start a New Business

As many people are setting New Year’s Resolutions during this time of year, it may be time to set a huge resolution for yourself and make it a goal to start a new business in 2021. This attainable goal is not out of reach. All it takes is careful planning and setting priorities to align […]

Tax Deductions for Small Businesses: COVID Supplies and More

As you are going over your end-of-year accounting checklist and looking at expenses compared to previous years, you will notice a big difference for the year 2020. The amount that you spent on COVID-19 safety supplies adds up over time. Are these expenses tax deductible? What Is a Tax Deduction? A tax deduction is when […]

Check it Twice: Year-End Accounting Checklist

As the year comes to an end, it is time to look back on your small business and evaluate what went right and what went wrong. You can celebrate successes and pivots that were made to accommodate COVID-19. You can relax and recover after a holiday rush. Reflection at the end of the year is […]