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...
Read MoreWe 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...
Read MoreTelling 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...
Read MoreWhat 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...
Read MoreGrowth 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...
Read MoreAs an online entrepreneur, you have a lot on your plate. Between growing your business, building your clientele, and improving your product, there’s not much time left for your business’s financial operations. Bookkeeping and taxes...
Read MoreCOVID-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...
Read MoreAs a company who helps entrepreneurs, we are asked a lot about what the hardest part of running a business is. When starting a business, there are a lot of things that can be intimidating...
Read MoreWe wanted to fill everyone in on some updates that are happening as we make our way closer to the start of the third quarter of 2021. If you have not had a chance...
Read MoreThe 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...
Read MoreThe Made in America Tax Plan The Made in America Tax Plan was introduced by President Biden at the end of March, along with the American Jobs Plan. Last week, we talked about what the...
Read MoreThe American Jobs Plan The American Jobs Plan that was introduced by President Joe Biden on March 31, 2021, alongside the Made in America Tax Plan. These plans address infrastructure and tax system reform over...
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