Navigating Tax Season 2024: Deductions, Deadlines, and Donations
Traveling for Business in 2024? What’s Deductible? If you and your employees will be traveling for business this year, there are many factors to keep in mind. Under the tax law, certain requirements for out-of-town business travel within the United States must be met before you can claim a deduction. The rules apply if the […]
How Website Maintenance Saves Businesses from Disaster
We all know we must cut the lawn, clean the gutters and paint the house to keep it in good condition. But do you know that website maintenance is just as important. I recently gave across an article from my friend Kevin McNally of interactive pallet wrote. If you have a website you need to […]
Tax Due Dates
January 16 Individuals: Pay the fourth installment of 2023 estimated taxes (Form 1040-ES) if not paying income tax through withholding or not paying sufficient income tax through withholding. Employers: Deposit Social Security, Medicare and withheld income taxes for December 2023 if the monthly deposit rule applies. Employers: Deposit nonpayroll withheld income tax for December 2023 […]
Martin Luth King Day 2024 !
Martin Luther King Day is observed on the third Monday of January each year. Many communities organize events, ceremonies, and activities to commemorate Martin Luth King Jr.’s legacy. It is a great time to educate yourself and others on his contributions to the civil rights movement and his impact on American society. Many people choose […]
Bridging the Skills Gap with Massachusetts Workforce Training Program Express Grants
In today’s fast-paced and ever-changing world of technology and industries, the significance of a skilled workforce cannot be emphasized enough. Massachusetts, a state renowned for innovation and economic progress, acknowledges the necessity for continuous upskilling and training to keep up with the current job market demands. To tackle this issue, the Massachusetts Workforce Training Program […]
Selling your IT or Managed Service Company
Selling a IT or managed service provider (MSP) company can be a complex process that requires careful planning and execution. Here are some steps to help you sell your company: 1. Determine the value of your company: Before you start the selling process, you need to determine the value of your company. This can be […]
A Checklist for Selling your Business
Selling a business can be overwhelming. Once the decision is made to step away from your company, the question remains: what next? We’ve made a handy to-do checklist so you can navigate the process with ease and ensure a successful sale. 1. Prepare: Ensure all important records are up-to-date and anticipate buyers’ due diligence inquiries. […]
How to Prepare your Clients for a Business Sale
Selling a business can be a momentous event, representing the culmination of years of hard work and dedication. It’s a life-changing decision that isn’t often taken lightly. For business owners, the journey toward a successful sale can be both exciting and daunting. Accountants can play a pivotal role in a business sale, offering their expertise, […]
Five Steps to Boost Client Retention
In 2022, the number of accountants working in the US reached a record high. With increased competition, retaining your existing clients has become more crucial. To help you navigate this competitive landscape, we share five essential steps accountants can take to foster long-term relationships and keep their customers happy and engaged. Step 1: Knowledge is […]
8 Essential Technologies Small Businesses need
The digital age is here – and for organizations, it is providing a wide range of benefits. From increased productivity to boosted operational efficiency, technology is improving the way we work, bringing businesses ever closer to peak performance with zero time or money wasted. Tech is constantly evolving, however, and it is up to companies […]