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Financial Flexing - Is Your Lifestyle Lying to You?
Financial flexing is the act of spending money to project an image of wealth or success even when your finances say otherwise. It’s when your credit card balance grows in the name of “treating yourself,” and when your savings shrink so you can post the perfect vacation photo.
And while there’s nothing wrong with enjoying the fruits of your labor, there is a problem when the desire to impress becomes more important than the desire to build true wealth.
Jul 22 min read


THE POWER OF BOUNDARIES!
Financial boundaries are essential for maintaining a healthy relationship with money, whether it's in personal finances, business dealings, or interpersonal relationships.
Jun 112 min read


Are You Withholding Enough? The Importance of Periodically Evaluating Your Tax Withholdings
Adjusting your tax withholdings using the IRS Withholding Calculator is a great way to ensure you withhold the correct amount of taxes.
Nov 18, 20242 min read


5 Major Tax Law Changes for 2024
The IRS has announced various updates for the 2024 tax year that affect individual and business taxpayers. Here are some of the key tax...
Nov 4, 20242 min read


Uncovering the Secrets of Gross Income: A Closer Look at What You Might Not Know
Gross income, also called gross earnings, is the total amount of money earned before any deductions, taxes, or expenses are taken out.
Oct 30, 20241 min read


Motivation Monday
Kickstart your week with clarity and confidence!
Oct 28, 20241 min read


Is it Possible to Save Money Without Sacrificing Spending? Let's Do the Math! 💰
Here's a quick tutorial to show you how easy it is to save while you earn. The "how much" is based on your personal situation and goals.
Oct 26, 20241 min read


Maximize Your Tax Benefits: Streamline Your Bookkeeping and Tax Preparation with Virtual Consultation Services
In the realm of taxes and financial management, staying organized and informed is key to maximizing your benefits and ensuring...
Oct 10, 20243 min read


Comparing General Partnerships and Limited Partnerships: A Professional Guide for Small Business Owners and Tax Implications
When embarking on a business venture, one of the decisions that business owners need to make relates to the business structure. Two...
Oct 10, 20243 min read


TAX COMPLIANCE AND FRAUD: TAX PREPARER FRAUD, EMPLOYEE RETENTION CREDITS AND HEAVY TRUCKS
Warning Signs of Tax Preparer Fraud Promises of Large Refunds: Be cautious if a preparer guarantees a large refund before seeing any...
Aug 18, 20242 min read


Top 3 Things to Do Mid-Year
3 things to do for your mid-year financial review.
Jun 29, 20240 min read


Mid-Year Financial Tune Up!
Is YOUR Financial "Check Engine" Light On?
Jun 29, 20242 min read


How To Complete Form W-4 (Married Filing Jointly)
Properly completing your form W-4 will help ensure that you are having the right amount of federal taxes withheld from your paycheck.
Jun 20, 20240 min read


COMMUNITY REINVESTMENT ACT (CRA)
Community Reinvestment Act (CRA), enacted in 1977, is a federal law designed to encourage depository institutions to help meet the credit...
Jun 7, 20241 min read


Paying the Cost to be the BOSS: January 31st is the Deadline for Employers to File W-2 and 1099 Forms
IR-2024-06, Jan. 9, 2024 WASHINGTON - With tax season rapidly approaching, the IRS reminds employers that Jan. 31 is the deadline for...
Jan 28, 20242 min read


Beneficial Ownership Information (BOI) - New Reporting Requirement for Small Business Owners
Happy New Year Small Business Owners! Are you ready to file the new Beneficial Ownership Information Report (BOI) for your organization?...
Jan 3, 20241 min read


The IRS increases the business mileage rate to 67 cents per mile for 2024
Effective on Jan. 1, 2024, business owners can deduct 67 cents per mile for business travel. IR-2023-239, Dec. 14, 2023 WASHINGTON — The...
Dec 28, 20231 min read
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