The best in accounting tips & advice
Implementing a Laboratory Information System (LIS) can significantly improve the efficiency, productivity, and overall organization of a laboratory. However, one of the primary concerns that many lab managers have when considering implementing an LIS is the cost associated with it. In this blog post, we will discuss the various factors that contribute to the cost … Read more
Taking care of our mental health is essential for overall well-being, but the cost of mental health therapy can sometimes be a concern. It’s crucial to address any misconceptions or uncertainties surrounding the financial investment required for therapy. In this blog post, we will explore the various factors that influence the cost of mental health … Read more
No one ever said being in a band was easy. In addition to the long hours of rehearsal and gigging, there are also a lot of unseen costs that can quickly add up. Here are a few things to keep in mind when budgeting for your band. Instruments & Gear Whether you’re just starting out … Read more
If you are thinking about setting up a donor advised fund (DAF), it’s important to understand the tax implications. While DAFs offer many benefits, there are also some potential drawbacks to consider. Tax Deductions from Charitable Giving The biggest benefit of a DAF is the tax deduction you’ll receive for your charitable contributions. When you … Read more
“I think it’s the right time for a refinance. I’ve been in my home for 5 years and rates are still really low so there is no reason why I shouldn’t do it now.” But, that doesn’t mean that you have to do it as soon as possible if you don’t feel ready. You should … Read more
Online accessibility has been a hot topic over the last few years. Website owners making more and more aspects of their business websites more accessible has led to more sales and a better experience for those who might be facing some type of disability. Why is ADA Compliance Important? The Americans with Disabilities Act (ADA) … Read more
With it being tax season, many people turn to Quickbooks and TurboTax to complete their personal and/or business taxes. However, questions often arise with these Intuit tools that usually require the assistance of someone in customer support. How to Reach Quickbooks & TurboTax Customer Support There are a few different ways to reach customer support … Read more
If you operate a business, there is a good chance you’ve come across this question – is it better to own or lease various business assets? Things like equipment and real estate can be very costly, so some businesses may choose to lease these assets. Let’s look at specific reasons for this. Why Would a … Read more
As a relatively new industry, many CBD providers have questions about how to account for certain products and how to report those products on year-end taxes. The good news is that the IRS has released specific guidance on how to tax CBD products. What Category Does CBD Fall Under? CBD oil and other CBD products … Read more
It’s somehow already tax season in the United States and based on how taxes were handled by the IRS in 2021, many people are wondering if tax deadlines will be pushed out. The IRS is reportedly making changes to how tax filings will take place this year and has already made several other changes that … Read more