Spring Clean Your Finances
Now that tax season is behind us, it’s time to look ahead and see what you can do in order to have a successful year. The first step to leveling…
Employee Benefits
As we all know there is an ongoing tech shortage and with the recent pandemic, it hasn’t gotten any better. In fact, it may now be harder than ever to…
Where’s My Refund?
SPEED UP YOUR REFUND If you are expecting a federal tax refund this year, you could potentially get your money back as quick as three weeks. However, the ongoing pandemic…
ADAS in Your Shop
We recently sat down with our client Scott Brown, owner of Cardinal Plaza Shell and Level 5 Solutions, a technology shop specializing in ADAS. What is ADAS? Advanced Driver Assistance…
5 Quick Tips for the 2021 Tax Season
These past couple of tax seasons have been tricky due to the COVID-19 pandemic. This current one is no exception. Here are some quick tips to get you going in…
Social Security Basics
12 Things You Should Know to Make the Most of Your Social Security Benefits Knowing when to retire and claim your social security benefits can make a huge difference as…
Charitable Giving
As the end of the year approaches, the spirit of giving is upon us! Despite an economic downturn, an unprecedented $471 billion was donated to U.S. charities in 2020. This…
Section 179 vs Bonus Depreciation
Usually when your shop buys a piece of equipment, vehicle, or other asset, you would spread the tax deduction over the asset’s “life” – 5, 7, or 15 years. However,…
Retirement Accounts for Shop Owners
**Updated November 2, 2022** Which retirement account is best? Many of you have heard us say before that the single best tax deduction is contributing to a retirement account. It…
Considering Holiday or Year-End Bonuses?
A lot of business owners like to give their employees bonuses at the end of the year. This is a great way to make team members feel valued and appreciated.…