by Folasade Ayegbusi | Aug 23, 2024 | Accounting, Bookkeeping, IRS Updates, Tax, Tax Compliance
IRS Issued Key Updates This Week: What You Need to Know to Save Money and Stay Compliant The IRS dropped several important updates over the past week, and whether you’re a taxpayer, a business owner, or an employer, these announcements can directly impact your...
by Folasade Ayegbusi | Jul 11, 2024 | Accounting, Business Cash Flow, Financial Literacy, Money Management, Money Saving Tips
Are You Unable to Save? Here’s Why and How to Fix It If you’ve been struggling to save money and feel like you’re spinning your wheels, this post is for you. I know it’s tough out there, but you can turn things around with some consistency and smart strategies. Let’s...
by Folasade Ayegbusi | Jun 27, 2024 | Accounting, Audit Proofing, Bookkeeping, IRS Audit, Small Business Owner
Why Small Businesses Don’t Discuss Audit Proofing And The Real Cost Of It In the bustling world of small business, there’s always a pressing task at hand. Whether it’s managing inventory, meeting with clients, or devising the next marketing strategy,...
by Folasade Ayegbusi | May 31, 2024 | Accounting, Finances, NFTs and Taxes, Tax
Dissecting the New Treasury NFT Risk Assessment: Essential Tax Advice for Digital Asset Holders In a significant development for the digital asset community, the U.S. Department of the Treasury has released its first-ever Non-fungible Token (NFT) Illicit...
by Folasade Ayegbusi | May 16, 2024 | Accounting, Accounting Best Practices, Finances, Small Business Owner, Tax
Self-Employment Tax: A Survival Guide from Your Friendly Accountant Hey there, fellow go-getters! Folasade here, your friendly neighborhood accountant (and yes, IRS Enrolled Agent, too!) with over a decade of experience navigating the wonderful world of...
by Folasade Ayegbusi | May 4, 2024 | Accounting, Tax
You Filed Your Taxes… Now What? Why Smart Tax Planning is a Year-Round Endeavor Congratulations! You’ve conquered tax season, the W-2s are filed, and the stress (hopefully) has subsided. But while filing your taxes might feel like a yearly rite of passage,...