Beyond the Numbers
Our Beyond the Numbers blog is published with articles on a monthly basis.
Ingredients of a Successful Business Partnership
Like a bundle of sticks, good business partners support each other and are less likely to crack under strain together than on their own. In fact, companies with multiple owners have a stronger chance of surviving their first five years than sole proprietorships,...
Ideas to Improve Your Personal Cash Flow
One of the most common reasons businesses fail is due to lack of proper cash flow. The same is often true in many households. Here's how this concept of cash flow applies to you along with some ideas to improve it. Cash flow defined Cash flow equals cash coming in...
Still Time to Reduce any Tax Surprises!
Consider conducting a final tax planning review now to see if you can still take actions to minimize your taxes this year. Here are some ideas to get you started. Review your income. Begin by determining how your income this year will compare to last year. Since...
Join Us for Wills & Wine: Estate Planning 101
Our Next Ripple Event: Wills & Wine: Estate Planning 101 with NW Legacy Law Tuesday, September 13, 5:30 – 6:30 p.m. Ripple Space in the Hurley Building Life is full of transitions and changes, and you work hard to create goals and dreams for your family, your...
5 Great Things to Know about IRAs
IRA's can be a powerful tool to lower taxes all while saving for retirement or other predetermined uses. Here are five fairly unreported things to know about IRA's. A nonworking spouse can have an IRA. If your spouse doesn't work, you may still be able to open...
Turning Your Hobby Into a Business
You’ve loved dogs all your life so you decide to start a dog breeding and training business. Turning your hobby into a business can provide tax benefits if you do it right. But it can create a big tax headache if you do it wrong. One of the main benefits of turning...
Tips to Improve Your Credit Score
Credit scores are used to determine interest rates on mortgages, car loans and even the amount you pay for insurance premiums. Because of this, it is a good idea to review ways to improve yours. Here are some ideas: Look for errors on your credit report. The...
Join Us for Our Bookkeeping & Brews Event on August 17
During the pandemic, we saw a two year plus cycle of business openings and closings in the U.S., with record numbers of new business applications. In fact, more than 1.26 million new business applications were filed in the beginning of 2022. If you’re a new business...
Layering Your Bank Accounts
Time for the classic banking approach to make a comeback? For years, savings and checking accounts provided very little in the way of interest income. In our current inflationary times, however, interest rates are on the rise. What is also on the rise is the comeback...
Watch for These Tax Suprises
Our tax code contains plenty of opportunities to cut your taxes. There are also plenty of places in the tax code that could create a surprising tax bill. Here are some of the more common traps. Home office tax surprise. If you deduct home office expenses on your...