restructure Business Model

4 Tips to Restructure Your Business Model

Running a business of any size can be challenging, rewarding, and difficult. As a business owner, there are almost unlimited tasks that you can pay attention to - from making sure your employees are happy and productive to creating new business opportunities.   Over time, you may...

Continue Reading
Tax-Exempt Status

How to Get Tax-Exempt Status for a Non-Profit

Non-profit organizations are the bloodline of most communities. They can feed the hungry, shelter the homeless, provide for our educators, and so much more. It makes sense then that the government allows non-profit organizations to not pay taxes on most of their endeavors. This is...

Continue Reading
Tax Planning

Why Tax Planning is a Year-Round Endeavor

If you find yourself scrambling to gather documents to make deadlines during tax season, then you might want to consider organizing throughout the year to make your life easier. Tax planning should never be a last-minute endeavor, because you might miss something important that could...

Continue Reading
cost of living

Cost of Living Increase to Rise in 2022

As the economy continues to react to the effects of the continuing Coronavirus pandemic, the federal government has announced the Cost of Living Adjustment (COLA) for Social Security recipients in 2022.   The adjustment of 6.2% is a dramatic rise from the Social Security COLA for 2021,...

Continue Reading
child tax credit

Child Tax Credit and 2022 Taxes

Recent changes to the Child Tax Credit, triggered by The American Rescue Plan Act of 2021, was made so low-income families could have easier access to these funds. The refund amount was also increased in an effort to provide more economic relief.   In April, President Joe...

Continue Reading