September 2023

26 Sep 23

Non-Profits: Don’t Lose Your Non-Profit Status

Non-profit organizations typically have a mandate to serve the public good, and as such, they are exempt from paying taxes. There is, however, a caveat. These organizations must continuously meet set eligibility criteria to maintain their financial and tax-exempt status. The reality is so many non-profit organizations risk losing their…

19 Sep 23

How Due Diligence in Choosing the Right Professional Support Can Keep You Safe from IRS Audits

The thought of being audited by the Internal Revenue Service (IRS) can be terrifying for some individuals. As a tax professional, I understand that the IRS has a reputation that can cause worry. Still, if individuals have all their documents in order and follow best practices, the audit can be…

12 Sep 23

Retirement Planning: A New Way to Think About Your Golden Years

Retirement. Ah, yes, the golden years. It is the time when you finally get to relax and enjoy the fruits of your labor. Or so they say. But let’s face it: most of us are not going to retire with a yacht in the Caribbean or a private jet at…

05 Sep 23

QuickBooks is not Your Accountant: Understanding the Limitations of Accounting Software

Small business owners often wear multiple hats to keep their businesses running. They manage operations, human resources, marketing, and accounting. They use accounting software like QuickBooks to manage their finances, track expenses, and prepare taxes. However, relying solely on QuickBooks to manage your finances and to replace the need for…

Month: September 2023

Non-Profits: Don’t Lose Your Non-Profit Status

How Due Diligence in Choosing the Right Professional Support Can Keep You Safe from IRS Audits

Retirement Planning: A New Way to Think About Your Golden Years

QuickBooks is not Your Accountant: Understanding the Limitations of Accounting Software

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