With interest rates for homes looking so tempting right now, we are seeing a lot of interest (and hearing a lot of questions) around the topic of the home buying process. We’ve put together some considerations for you and hope they will help you be better prepared for...
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Home Buying How To: Money Is Important
Are you looking at buying a new house or refinancing your current one? With interest rates being so low, we are seeing lots of our clients asking questions that direction. Before you get too far down the road of (re)financing a home, though, you will need to be as...
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Can You Deduct Farm Expenses Without Income? (What You Need To Know When The Crops Don’t Come In)
We all know that you pay taxes on the money you make during the year. We also know that one of the nice things about our current tax code is that business owners are able to deduct expenses from those taxes in order to reduce their overall tax bill. Farms are...
How Often Do Small Businesses Get Audited? (And What You Need To Do To Prepare)
How often do small businesses get audited? And should you be concerned that your company might be next? These are questions that small business owners face at some point in their careers, and knowing the answers might help you avoid a lot of stress and headaches...
Is A Venmo Nonprofit Account A Good Idea For Your Charity?
Venmo nonprofit accounts are quickly becoming a big part of the charitable giving scene. But is it something your organization should be using or not? What are the advantages? Are there any downsides? We think you deserve the best information when it comes to making...
How to Prep For A Business Audit (And Streamline Your Company)
The mere mention of the word “audit” is enough to cause some business owners to break into a cold sweat. They’ve either been through one before and it wasn’t a pleasant experience or they know that their records are in such a mess that they aren’t prepared for one.In...
Understanding The Basics of Inventory Accounting (A Guide For Small Business)
The goal of any business is to make a profit…usually, as much as possible. To do that, you have to generate revenue. And to do that, you have to move some inventory. This post will help you understand how your inventory accounting impacts your business so you can...