Why Your P&L Is Lying to You (And What Your Cash Flow Is Trying to Tell You)
Your revenue is up. Your team is bigger. Your overhead is very, very real. And somehow… every quarter feels tighter than the last. If that sounds familiar, you’re not alone. In fact, this is one of the most common (and quietly frustrating) conversations we have with growing business owners. “We’re growing… but I feel like […]
IRS Announces Mid-Year Optional Vehicle Mileage Rate Increase
Article Highlights: Mid-year Increase Items Included in the Optional Mileage Rate What Can Be Deducted in Addition to the Optional Mileage Rate Switching Methods With gas prices soaring it has been expected the IRS would increase the mileage rate that business owners can deduct for vehicle use instead of keeping a record of actual expenses. […]
Mid-Year Tax Planning Is Not a Luxury. It’s Where Real Planning Happens.
There is a familiar habit among business owners that makes perfect sense until you look at the cost of it: “I’ll worry about taxes in December.” By then, of course, the year is mostly over. The numbers are more or less locked in. The equipment is already ordered. The expansion decision has been made. Payroll […]
Maximize Pay, Minimize Taxes: A Guide to Fringe Benefits for Employers and Employees
Employers of all sizes can assemble a portfolio of fringe benefits that materially increase employees’ total compensation while delivering tax advantages to both the business and employees. For human resource professionals and small-business owners, the meaningful task is not simply offering perks but understanding who qualifies for each fringe, what statutory or administrative limits apply, […]
The Businesses Winning Right Now Aren’t Better Predictors. They’re Better Planners.
If you’ve owned a business for any length of time, you’ve probably noticed something about economic forecasts: The experts rarely agree. One headline says growth is coming. The next says a slowdown is around the corner. One economist predicts a soft landing. Another predicts a recession. And somewhere in the middle sits the business owner […]
July 2026 Business Due Dates
Businesses and employers face several important tax deadlines in July. Review the key due dates below and contact our office if you need assistance with any filing or payment requirements. July 1 – Self-Employed Individuals with Pension Plans If you have a pension or profit-sharing plan, you may need to file a Form 5500 or […]