by Laura Sabbagh | Aug 8, 2013 | Accounting, Blog, Business Tips, Income taxes, Profitability Tips
What Does Popeye Have to Do with Accounting? You might have heard the terms “cash basis accounting” or “accrual accounting.” Your net income number can change depending on which method your books are set up for. Here’s a simple explanation of the difference, with a...
by Laura Sabbagh | May 26, 2013 | Blog, Business Tips, Income taxes, Tax tips
Determining how much to pay in estimated taxes for the current tax year isn’t an exact science. It’s kind of ironic, really. The taxpayers who could most easily calculate estimated taxes — salaried individuals whose employers deduct funds for and...
by Laura Sabbagh | Dec 3, 2012 | Blog, Income taxes, Productivity Tips, Tax tips, Time Management Tips
We know we’ll never make tax season your favorite time of year, but perhaps we can make it easier. Here are five things you can do now to smooth out the time required to pull your records together for your tax preparer. 1. Contractor Clean-up In preparation for...