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How To Prepare For Tax Season As An Entrepreneur
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January 25, 2022
Ron Parisi
It’s that time of year again: time to think about your taxes. We know that this topic can be intimidating for anyone, especially an entrepreneur. Lucky for you, we’re here to make this process as easy as it can be. We have compiled a list of things that you should be sure to give to your...
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Small Business Statistics - What You Want To Know
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January 04, 2022
Ron Parisi
When it comes to running a business, there are some statistics you will want to know. Whether you are already an online entrepreneur or just tossing the idea around in your head, you will want to keep these in mind. CPA On Fire is partnered with Reach Reporting and they recently put out a report tha...
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ARE YOU READY FOR S-CORP STATUS?
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December 20, 2021
Ron Parisi
If you have ever read an article or blog about saving taxes as an online entrepreneur, you’ve heard of the S Corp election. The main benefit of an S Corporation is potentially to save on taxes, in particular on self-employment tax (SE tax). THIS DECISION REQUIRES CAREFUL CONSIDERATION....
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HOW OUTSOURCING YOUR FINANCIALS CAN BENEFIT YOUR BUSINESS
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December 14, 2021
Ron Parisi
As an entrepreneur and business owner, you have a lot on your plate. Growing your business, handling your financials, managing employees and contractors. Finding ways to be more efficient and beneficial to your business is something to celebrate. So, let’s take a look at how outsourcing your f...
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DO I NEED TO SEND A 1099?
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November 29, 2021
Ron Parisi
We’re closing in on 1099 season, so we’re here to help you determine if you need to send any or if you should expect to receive any. If you are unfamiliar, a 1099 is a tax form that a business owner sends out to both their contractors and the IRS each year, letting both parties know how ...
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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 tempting to search the ...
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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 challenge. At CPA On F...
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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 you thought about tax...
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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: CPA On Fire Like...
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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 out or have been doin...
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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 need to keep in min...
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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 were working remotel...
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