INSIGHTS
Small business financial strategy, without the finance-speak.
Bookkeeping best practices, tax planning that keeps money in your business, payroll compliance, and fractional CFO thinking. The small business accounting blog is written by the team that handles this work for businesses every day, in plain English, without the fluff.
Still Paying Out of Pocket for Your Business? Here’s How to Write It Off Properly
Many small business owners pay for business expenses out of their own pocket—because it’s faster, easier, or just how they’ve always done it. But what if we told you those out-of-pocket expenses...
The Hidden Tax Trap in Debt Relief—and How to Dodge It
You finally caught a break—your lender forgave part (or all) of your business debt. But now the IRS wants a piece of that too? That doesn’t seem fair. And yet… it’s real. If you’ve had any debt...
Rising Import Costs: What Small Businesses Need to Know About Recent Tariff Shifts
Recent changes to U.S. trade policy are once again shifting the financial ground for small businesses—especially those that rely on imported goods, packaging, food products, or materials. While some...
The R&D Tax Credit Isn’t Just for Tech: How Small Businesses Can Qualify and Save
When you hear “research and development tax credit,” you might picture scientists in lab coats or tech companies building new software. But what most business owners don’t realize is this: many...
Minnesota Cracks Down on HOA Overreach: What Homeowners and Boards Need to Know
Homeowners across Minnesota have long aired frustrations over aggressive homeowners association (HOA) boards—associations levying arbitrary fines, refusing access to financial records, and...
Two Critical IRS Tax Payments You Might Be Overlooking—And What To Do About Them
For many small business owners and self-employed professionals, tax season may feel like it ends in April. But in reality, the IRS operates on a “pay-as-you-go” system—and if you’re not keeping up...
The Win-Win Tax Strategy Most Small Business Owners Overlook: Group Health Insurance
If you’re a small business owner trying to manage rising costs, attract the right people, and reduce your tax burden—you’re not alone. But there’s one strategy that quietly checks all those boxes,...
How Real Estate Pros Can Use IRS Section 469 to Offset Taxes With Rental Losses
If you're in real estate—whether as an agent, investor, or business owner—you’ve likely encountered the frustrating limits around passive losses. You might own rental properties that are operating...
Why Paying Your Family Could Be Your Smartest (and Legal) Tax Move Yet
Imagine turning family time into real tax savings. That’s exactly what Alex, a small business owner, did — and you can too. When Alex launched his own business, he knew every dollar counted. But...
Turn Hiring into Savings: The Hidden Benefits of Empowerment Zone Tax Credits
Imagine you’re a small business owner, working hard to keep your company afloat and looking for ways to reduce expenses. What if we told you there’s a potential tax credit you may be missing out on?...
Unlocking Growth: The New Markets Tax Credit (NMTC) for Small Businesses
Imagine being a small business owner who is passionate about your community and eager to expand, but you're also mindful of budget constraints. What if there was a way to grow your business while...
Your 2025 Nonprofit Filing Guide: What You Need to Know Before May 15
As a nonprofit organization, staying on top of filing deadlines is crucial for maintaining your tax-exempt status and avoiding unnecessary penalties. If you're planning ahead for 2024, here’s a key...
Wondering what any of this looks like for your business?
The articles cover the general principles. Every business has specific details. If you’d like to bring yours to a 30-minute conversation, we’ll listen first, then only recommend what actually fits.
