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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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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 as July 15th. ...
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Child Tax Credit Payments Coming Soon!
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June 28, 2021
Ron Parisi
Beginning on July 15th, the IRS will begin sending out monthly Child Tax Credit payments to those who qualify. You may have received a letter if they have determined you qualify, informing you of the upcoming payments. Many people are unsure of how it all works, so we are going to break it all down....
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The History Of CPA On Fire
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June 22, 2021
Ron Parisi
CPA On Fire was founded in December of 2012 by Josh Bauerle. A CPA and licensed financial advisor, Josh wanted to help entrepreneurs increase their profits and minimize their tax liability. As an entrepreneur himself, he knew how the struggles of running your own business. In 2013, Josh began...
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The New Biden Tax Plans – Part 3
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June 08, 2021
Ron Parisi
The American Families Plan The last two weeks, we have talked about various tax plans introduced to the public by President Biden. This week we are going to fill you in on the American Families Plan and what that could mean for you. We know how overwhelming tax language can be. Our goal is t...
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