INSIGHTS!

New York Pass-Through Entity Tax Election - PTET

Introduction The New York Pass-Through Entity Tax (PTET) is an optional state income tax imposed on...

Choosing the Right QuickBooks Version for Your Business: An Overview with Pricing Insights

Here is the latest QuickBooks product lineup as of August 2024. We've also added pricing and...

How To Set Goals for Your Business

Numbers are just numbers, right? Wrong. Many new business owners assume that accounting is solely a...

Pros and Cons of DIY Bookkeeping for Your Business

When starting a business, one component that often gets pushed to the side is setting up proper...

Some Business Owners Can Now Apply for PPP Forgiveness Directly with the SBA

The SBA is trying to accelerate the end of the Paycheck Protection Program by making it easier for...

Seven Steps to Getting Your Books in Order

Simply put, if your books are garbage, then the output will be garbage. Keeping “good books” is an...

Child and Dependent Care Credit - Expanded for 2021

One of the lesser talked about provisions of the American Rescue Plan Act is the expansion of the...

What Is Current Ratio and Why Does It Matter?

“Your Current Ratio is very good.” “Your Current Ratio should be better.” You probably heard that...

The Difference Between a Budget vs. Forecast in Accounting

To maintain a successful business, it is critical to have a deep understanding of your business's...