Accounting for the Good Things in Life

As Thanksgiving quickly approaches, millions of Americans will gather together to celebrate the season and to give thanks with family and friends. Food will be served, stories will be shared and memories will be made as we gather around the table to take stock of the...

Creating a Zero-Based Budget

In today’s fast-paced world, it’s never been easier to embark on an adventure. Most of our roads are mapped, GPS systems update us to the quickest route, and multiple stops allow us to pickup extra fuel as needed. Using these modern conveniences make it possible to...

I Filed Exempt. Do I Still Get a Tax Refund?

A tax refund is issued by the IRS when more taxes are paid than what was actually owed. However, if you file exempt with your employer for federal tax withholding, you won’t have made any tax payments during the year. If you don’t pay any taxes, then you do not...

What Do Vacation Homes Mean for Taxes?

During the summer, many Americans will choose to relocate to their second home. It’s a place to relax and unwind and spend some time regenerating from the demands of everyday life. Understanding the tax breaks available for your vacation home can go a long way to...

Five Tax Tips for Entrepreneurs

If you’ve decided to start your own business, congratulations! It can be a daunting process, but it can also be tremendously profitable if done right. Here are a few tips to help you get started on the right foot. It’s a Business, Not a Pastime – Losses that are...

Tax Obligations for the Self Employed

Generally, someone who classifies themselves as being self-employed is required to file an annual return and pay estimated tax on a quarterly basis. They also must pay self-employment tax (SE tax) as well as the income tax. You may be asking yourself what...

7 Steps to Take Control of Your Money

One of things we’re proud of is the opportunity to be one of Dave Ramsey’s Endorsed Local Providers. It’s because we believe in practicing good stewardship and recommending the best advice to our clients in order to secure their financial future. Building a future...

Understanding the Cash Flow Statement

The cash flow statement is one of your most important financial tools. Through this, you see exactly where cash came from and where it went. You’ll be able to tell if you’re running out of cash (which can be the case even if you’re making a profit), how much your loan...

Facing Your Financial Habits

After filing taxes in April, many Americans received a shocking wakeup call regarding their financial habits. Habits are in every area of our lives, including our health, our jobs, our personal relationships and in our finances. Some are good habits, some are not, but...

Tips for Filing Amending Returns

Tips for Filing Amending Returns. First of all remember that amended tax returns aren’t mandatory and you are not bound to file an amended return, even though your tax professional may tell you it’s a good idea. This is due to the fact that the IRS will probably send...