If you've ever wrapped up a project and thought, "Where the heck did all my money go?" - this post is for you (specifically if you have a team!). I'm breaking down exactly what your small business labor cost percentages SHOULD be in order to keep a healthy and profitable business.

Ever wonder how the IRS knows when you've missed something on your tax return? Here's the shocking truth: they already have a complete record of your income before you even start preparing your taxes. And most taxpayers have no idea they can access this exact same information. So today, I’m breaking down how to get your IRS transcript step-by-step.

You know that tax return you signed last year? The one you typed numbers into Turbo Tax and clicked “send”. Or the one your accountant sent over that you barely glanced at before signing? The one with YOUR social security number on it that YOU are legally responsible for? Yeah, that one. As a CPA, I've reviewed hundreds of tax returns, and I'm going to be really honest with you - signing a tax return you don't understand is like giving someone your credit card and hoping they don't max it out. 

Let's get real about estimated tax payments for small business - one of the most misunderstood (and often overlooked) parts of running a business. As a CPA who's worked with hundreds of entrepreneurs, I've noticed that even the most successful business owners often struggle with this aspect of their finances (ESPECIALLY as their business grows and they have a breakout year). So let's break it down!

Let's get real about estimated tax payments for small business - one of the most misunderstood (and often overlooked) parts of running a business. As a CPA who's worked with hundreds of entrepreneurs, I've noticed that even the most successful business owners often struggle with this aspect of their finances (ESPECIALLY as their business grows and they have a breakout year). So let's break it down!