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DON’T CUT CORNERS ON QUALITY TAX ADVICE
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October 18, 2021
Ron Parisi
In the day and age where information is at the tips of our fingers at any moment, it is vital to be aware of where that information is coming from. Since 2001, there have been an average of over 225 changes to the tax code – that’s a lot to keep up with. It can be tem...
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IRS LETTERS: HOW DOES AN ENTREPRENEUR RESPOND?
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October 12, 2021
Ron Parisi
Accounting is an intimidating business aspect to face as an entrepreneur. 2020 showed us firsthand just how complicated things can get; frequently changing tax laws, regulatory changes, and COVID relief bills. Even for the most experienced accountant, 2020 and 2021 have been a ch...
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4TH QUARTER 2021: THE HOME STRETCH – ARE YOU PREPARED?
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October 04, 2021
Ron Parisi
October is here which means we are officially in the final quarter of 2021. With less than 90 days left in the year, there are many things for entrepreneurs and business owners to think about. Do you have clarity on where you are after the first three quarters of the year? Have y...
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Build Back Better Plan
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September 29, 2021
Ron Parisi
Get Ron Parisi's take on the Build Back Better Plan in this week's blog video. [embed]https://youtu.be/PmiKDgxP-vM[/embed] We will continue to keep you updated as changes continue. To stay updated, follow our social media accounts below: Subscribe to our YouTube channel:&n...
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ARE MY TRAVEL EXPENSES TAX DEDUCTIBLE?
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September 20, 2021
Ron Parisi
We are often asked by our clients if their travel expenses are tax deductible. Can my vacation be considered a business trip? What expenses can I deduct when I am traveling for business away from home? What records do I need to keep? All of these questions are important to und...
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The Launchpad Experience – What Is It?
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September 08, 2021
Ron Parisi
A few weeks ago, we introduced CPA On Fire’s next big move: The Launchpad Experience. The Launchpad Experience is a cumulation of resources we have created for entrepreneurs who are stumped on what the next step is for their business. Whether they are just starting o...
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CHOOSING THE RIGHT BUSINESS ENTITY
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August 23, 2021
Ron Parisi
What is a Business Entity? Choosing the right business entity, or legal structure, you operate your business out of is an important decision. Your choice of business entity will impact you in two major areas: tax liability and legal liability. Few choices you make will...
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HOW DO I TAKE CASH OUT OF MY BUSINESS?
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December 06, 2021
Ron Parisi
A few weeks ago, we talked about how to pay yourself as an entrepreneur and business owner. But you might still be asking yourself "how do I take cash out of my business?" If you are finding yourself needing to take other money out of your business, there are some things you will...
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Three Financial Ratios Entrepreneurs Should Monitor
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August 31, 2021
Ron Parisi
Telling a Story with Numbers For a business, numbers and statistics let us make comparisons. They tell us how well the business is doing, they allow us to track year to year progress, and they give comparisons to the competition. They also allow us to ignite our financial growth...
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Growth Ignitor System – Part 2: Accounting
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August 16, 2021
Ron Parisi
Growth Ignitor System: Last week, we gave an overview of our Growth Ignitor System – the 5-part system that we have created at CPA On Fire. We have an extensive background of experience in: Accounting Regulatory Taxes Analytics Personal Wealth We provide unmatched service...
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Tips For Leading A Remote Team
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July 26, 2021
Ron Parisi
COVID-19 brought many challenges for business owners. One of the biggest being adapting to having workers transition to working remotely. While roughly a quarter of employees in the US worked from home in 2019, that number shot up in 2020. A Gallup poll found that 70% of workers ...
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QuickBooks Online Price Increase
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July 12, 2021
Ron Parisi
A few weeks ago, Intuit sent out an email regarding their pricing and promotional changes. We want to keep you apprised of any and all changes that could affect you, so we have outlined the adjustments being made. Depending on your subscription, you could see the increase as soon...
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