When Borrowing Gets More Expensive: How Rising Interest Rates Are Impacting Small Businesses

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For a period of time, borrowing felt manageable. Financing was easier to justify. Lines of credit were relatively affordable. Growth decisions made sense on paper. Then things began to shift. Not all at once. Gradually. Payments started…

It's Hard to Believe: But Found Money Is Taxable

Article Highlights: Internal Revenue Code (IRC) Section 61 Ill-Gotten Gains Exclusions from Income The Real Cost of Winning Game Show Prizes Picture this: you're taking a stroll through the park, and you spot a five-dollar…

AI + Accounting Software: What Happens When You Get Advice Based on Bad Books?

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AI is now built into your accounting software. Expense suggestions. Cash flow forecasts. Tax projections. “Smart” insights. It feels powerful. And in many ways, it is. But here’s the uncomfortable truth: AI doesn’t fix messy…

Behind on Payroll Taxes? This Is the Most Dangerous Tax Debt Your Business Can Have

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A slow quarter? You can recover from that. A late income tax payment? There are payment plans. Vendor pressure? Negotiable. But payroll tax debt? That’s different. If your business is behind on payroll taxes, you’re in one of the most…

Tax Filing Deadlines Are Rapidly Approaching

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Article Highlights: Filing due date Balance due payments Contributions to a Roth or traditional IRA Individual refund claims for tax year 2022 Filing extension Foreign Bank and Financial Accounts Report (FBAR) Estimated…

Important April 2026 Due Dates

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April 2026 Individual Due Dates April 10 -  Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during March, you are required to report them to your employer no later than April 10. You can…

When School Taxes Are $0: How Some Americans Pay Nothing — and What That Means for You

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Most homeowners groan when they see their annual property tax bill, especially the school portion, which often makes up the largest share. In many cities and towns across the U.S., school taxes are the single biggest line item on your tax bill. But…

Estimated Tax Payments Are Not Just for the Self-Employed

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Article Highlights: Employees Self-Employed Individuals Periodic Payments Underpayment Penalty Safe Harbor Payments Unlike employees, who have income, Social Security, and Medicare taxes withheld from their wages, self-employed…

Checking Your Federal Refund Status Is Easy

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Article Highlights 24/7 Access Quick Posting Direct Deposit Necessary Information As you are no doubt aware, the IRS has made a significant shift in its approach to issuing tax refunds by discontinuing the practice of sending…

Avoid the Postal Service Drop Boxes, Your Tax Return Might Not Get Postmarked by April 15th

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Article Highlights: The "Mailbox Rule" Has Changed The New 2025 USPS Postmark Rule How to Secure Proof of Mailing Obtaining a Manual Postmark (Hand-Cancel) Best Practices for Time-Sensitive Mailings For decades, taxpayers…