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Helping The Next generation be Financially Responsible

Prefer to listen? Check out Podcast Episode #54 in Business by the Numbers Here: https://paarmelis.com/business-by-the-numbers Many people don’t know where to start in helping …

Preparing for Tax Season 2023

In the previous blog, we talked about the Federal Reserve minutes and the economic outlook for the rest of the year (https://paarmelis.com/how-we-got-here-and-where-were-going-business-outlook-2023/). Overall, my …

How we got here and where we’re going: Business outlook 2023

Let’s start off with a prediction: 2023 will be a flat year. The first 2 quarters will be the tipping point for the rest …

What is Your Time Worth?

While this might seem a little off the beaten path in terms of accounting, finance, and taxes, I find this to be an incredibly …

5 Useful Tips for Tax Planning

  Welcome to the end of 2022! If you’ve made more money, then tax planning is the best thing you can do to ensure …

How to Avoid Taxes While Selling Real Estate

Did you know there actually is a way to sell real estate and pay no tax on it? A 1031 Exchange can allow a …

Update on the ERTC

The ERTC (Employee Retention Tax Credit) can cause a lot of confusion to small business owners. There are several layers to figuring out how …

Understanding Inflation and Interest Rates

We know that inflation is currently at a 40-year high. And we know that is not a good thing. But do we know why? …

Tax Changes for 2022

2022 is already halfway over! There have been quite a few changes to tax rules for this year already (as there are every year) …

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