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business advice

Helpful tips for entrepreneurs from accounting and tax to business and mindset

The Ultimate Guide to Estimated Taxes (Form 1040-ES)
Business Resources
Individual Tax Resources
Tax Tips

The Ultimate Guide to Estimated Taxes (Form 1040-ES)

Originally published August 31, 2016 – Updated April 9, 2025 A common question I receive from small business owners is, “How do I calculate my quarterly tax payments?” At the heart of this question is the fear of ending up like Al Capone. I hope to alleviate those fears and provide you with this ultimate […]

What is a cash flow spreadsheet?
Accounting
Cash Flow
Tech

What is a cash flow spreadsheet?

Originally published June 13, 2023 – Updated 2025 Whether you run a global corporation or a small business, how you manage cash flow determines whether a business lives, thrives, or dies. Smart business owners partner with an accountant who routinely manages cash flow because they know it provides valuable insights into their business. They make […]

When and How to Level Up Your Financial Management
Accounting
Bookkeeping
Business
Business Resources
Payroll
Tax Tips

When and How to Level Up Your Financial Management

Remember the early days of your business? Tracking expenses in spreadsheets late at night, figuring out invoicing systems between client calls, and trying to make sense of tax requirements while actually running your business. For most founders, DIY financial management becomes the default approach when you’re building something from the ground up with limited resources. […]

Common Accounting Mistakes for Startups and How to Avoid Them
Accounting
Bookkeeping
Business
Business Resources
Cash Flow
Payroll
Tax Tips
Tax Updates
Taxes
Tech

Common Accounting Mistakes for Startups and How to Avoid Them

Picture this: A promising tech startup is wrapping up their Series A pitch. The product is solid, the market fit is there, and the growth numbers are strong. Then comes the due diligence. What they discover stops everything in its tracks: months of messy books, missing documentation, and financial records that don’t match their pitch […]

Tax Preparation for Startups: What Every Entrepreneur Needs to Know
Accounting
Tax Tips

Tax Preparation for Startups: What Every Entrepreneur Needs to Know

Picture this: It’s midnight, you’re reviewing tomorrow’s pitch deck, when suddenly you remember – quarterly taxes are also due tomorrow. Sound familiar? For many entrepreneurs, tax obligations sneak up like unexpected product emergencies: demanding immediate attention and are potentially costly if not handled right. The truth is, smart tax management can be as crucial to […]

CPA for Startups: Why Your Small Business or Startup Needs a Financial Expert
Accounting
Bookkeeping
Business
Payroll
Tax Tips
Taxes

CPA for Startups: Why Your Small Business or Startup Needs a Financial Expert

Building a business is exciting – you’re bringing new ideas to life, driving innovation, and potentially shaking up entire categories and industries. But while you’re focused on product-market fit and scaling your team, critical financial decisions pile up around tax strategies, fundraising preparation, cash flow management, and compliance requirements. These challenges directly impact your ability […]

Corporate Transparency Act, BOI Filing
Business Resources

What is the Corporate Transparency Act? What is a BOI Filing?

Update – March 2, 2025 The Treasury Department has suspended enforcement of FinCEN and will issue an “interim final rule” no later than March 21, 2025. Update – December 23, 2024 The Fifth Circuit Court has granted FinCEN’s appeal to lift the injunction on BOI reporting. FinCEN has responded with extended reporting deadlines. According to […]

Deducting Losses from a Hurricane
Tax Tips

Can I Deduct Hurricane Losses on My Tax Return?

Updated February 2025 Hurricane Beryl has caused significant damage across several states, leaving many homeowners and businesses with substantial losses. If you were affected by this disaster, you might be eligible to claim a casualty loss on your tax return. Walker Glantz PLLC, a Texas-based CPA firm, will guide you through what qualifies as a […]

How Do I Navigate the Nuances of Taxation in Hybrid Work Arrangements?
Accounting
Business Resources
Tax Tips
Taxes

How Do I Navigate the Nuances of Taxation in Hybrid Work Arrangements?

Hybrid work arrangements are here to stay, bringing with them a host of tax implications that can be tricky to navigate. Whether you’re an employee splitting time between home and the office or an employer managing a distributed workforce, understanding these nuances is crucial for compliance and financial efficiency. Let’s dive into the key aspects […]

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