During April, most Americans in the workforce suddenly find themselves dealing with excess stress as they navigate yet another challenging tax season. Indeed, tax season can, understandably, lead to increased anxiety, however, it also tends to get people thinking about how they can improve their financial circumstances through tax returns,
With tax season solidly in the rearview mirror, it can be understandably very tempting to disengage from all the stress and go on autopilot for a while. However, the period directly following tax season is actually an ideal time to start outlining your game plan for the upcoming financial year.
Any financial advisor worth their salt will stress the importance of organized and accurate financial record keeping when it comes to business operations. While it seems like a no-brainer, you might be surprised to know that many businesses are making things harder for themselves by cutting corners when it comes
Every business relies on financial reports to aid in decision-making, however, small businesses, in particular, should be extra vigilant when analyzing their finances. Unlike a lot of larger businesses and corporations, small businesses usually don’t have as much financial safety netting. This makes tracking finances all the more important when
If your first instinct post-filing your taxes is to take a moment to sit back and relax, you’re in good company. After all, the pressure of filing taxes is anxiety-inducing for nearly everyone, especially small business owners. Moreover, a lot of people tend to find tax season especially jarring because
Anyone who’s previously filed taxes knows that a lot goes into the process. From saving documents throughout the year, to double-checking your return for any last-minute errors, there are a lot of moving parts to consider. From as far back as when Americans historically declared “no taxation without representation”, tax
For many Americans, the start of spring is a pleasant time, ushering in warmer weather and new life. Yet intermixed with all of spring’s pleasantries is tax season, a surefire way to get the anxiety spiking. Even those of us who are well-prepared tend to feel the extra pressure mounting
As a private citizen who files taxes, you’ve more than likely encountered the concept of tax write-offs. But did you know that there is also an abundance of write-offs that you can claim as a small business owner? Many of these write-offs are even industry-specific and can save you a
Every January, millions of Americans start thinking about the upcoming tax season. Come spring, pressure starts to mount, and before you know it- April’s here and so are your tax deadlines. Let’s face it, tax season is typically stressful for everyone, even those whose filings are relatively straightforward. Moreover, effective
Refund advances, also known as tax refund loans, are short-term loans that give taxpayers access to their income tax refund early. The loan is typically repaid when the taxpayer receives a refund from the IRS. When applying for a refund advance loan, many people ask whether their credit report will
A tax refund advance is a loan that is offered to taxpayers based on the amount they are expecting to receive as a tax refund. This type of loan can be helpful for those who need quick access to funds and cannot wait for their refund to arrive. However, not
When searching for bookkeepers for contractors, it’s always a good idea to begin by assessing the level of your business’s needs. Depending on how large the operation is, some prefer to do everything in-house. On the contrary, as you grow and expand you might find it more beneficial to actually
