by Mike Jesowshek, CPA | Jan 11, 2022 | Accounting, Banking, Business, IRS, Operations, Reimburse, Small Business, Tax-planning strategy, Taxes
Welcome to 2022. Happy New Year Everyone! Although we are onto another year, 2021 is technically not over, we have tax returns to file yet! In this blog post we are going to go through some things you can do early here in 2022 to make this tax season a breeze. Before...
by Mike Jesowshek, CPA | Dec 9, 2021 | Accounting, Banking, Business, IRS, Operations, Reimburse, Small Business, Tax-planning strategy, Taxes
Depreciation… one word that can make a business owner (and even many accountants) cringe. However, understanding it and how to implement it correctly in your business can make a big impact. That is exactly what I will be talking about here. What Is Depreciation?...
by Mike Jesowshek, CPA | Dec 3, 2021 | Accounting, Banking, Business, IRS, Medical costs, Operations, Reimburse, Small Business, Tax-planning strategy, Taxes
A QSEHRA is an HRA that is available to employers with fewer than 50 full-time equivalent employees that do not offer a group health insurance policy. With a QSEHRA, employers reimburse employees tax-free for medical expenses (including health insurance premiums)....
by Mike Jesowshek, CPA | Dec 1, 2021 | Accounting, Banking, Credit Cards, IRS, Office Equipment, Operations, Payroll, Self-Employed Health Insurance, Tax-planning strategy, Taxes, Year-End Strategies
Before you know it 12/31/21 will be gone and we will be onto 2022. One thing we talk about often is that once the clocks turns to 1/1 a vast majority of tax strategies are no longer available. Today we are going to go through some of the top strategies you want to be...
by Mike Jesowshek, CPA | Nov 17, 2021 | Accounting, Banking, Business, IRS, Operations, Reimburse, Small Business, Tax-planning strategy, Taxes
“I paid for business items personally, how do I get those recorded in the business?” “I have some items that are both business and personal mix. How do I report those? Should I run them through the business or should I run them personally and...
