Bookkeeping vs. Accounting Services
What is the difference between a bookkeeper and an accountant? There is sometimes a misconception that accounting services = bookkeeping services. You might think ...
5 Tax Myths – BUSTED
As we continue deeper into tax season, it can be challenging to follow all the changes and updates that are occurring. At Paar Melis, ...
Business Structure for Auto Repair Shops
When planning to start a new shop, there are several decisions that need to be made. One of the important ones is business structure. ...
THE Single Best Tax Deduction
Who here likes paying more taxes than they need to? No one? I didn’t think so! There are many tax deductions a shop owner ...
Adopting a Growth Mindset
Most successful shop owners have a growth mindset. In spite of this past year, or perhaps because of it, it is even more important ...
ERC & FFCRA tax credits, PPP Tax Info, and What’s New for 2021
As we approach tax season, there are many questions surrounding the whirlwind that was 2020. As a shop owner, you may have questions regarding ...
A Look at the New Stimulus Package for Shop Owners
As you probably know by now, a new stimulus package was signed into law at the end of 2020. Fortunately, it contains another round ...
Section 179 for Auto Repair Businesses
Which Section 179 Tax Deductions Should You Take Advantage of in 2020 and Beyond? Legal Disclaimer: This article is written for informational purposes only ...
PPP Reform Bill Details
June 5, 2020 As you may have heard by now, the Senate passed the House bill offering much needed changes to the PPP program. ...