by Folasade Ayegbusi | Dec 10, 2023 | Accounting, Bookkeeping, Business Goals, Business Growth
Beneficial Ownership Information (BOI) Reporting If you own or control a company in the United States, you may have heard of a new requirement to report your Beneficial Ownership Information (BOI) to the government. But what is BOI, why do you have to report it, and...
by Folasade Ayegbusi | Sep 29, 2022 | Business Goals
3 Common IRS Audit Red Flags Explained The IRS always gets its attention drawn to certain tax returns by a number of red flags. Some of them are minor and can be ignored, some are moderate and require a simple verification while other red flags require an audit. In...
by Folasade Ayegbusi | Sep 20, 2022 | Business Goals
3 Most Common IRS Penalties you Should Watch Out for Each tax year, the IRS charges various penalties for various offenses committed by taxpayers. These penalties fall into different categories, which should tell us rampant or common tax offenses that are committed by...
by Folasade Ayegbusi | Sep 2, 2022 | Business Goals, Tax
This is How the Inflation Reduction Act Will Affect Some of You. The Inflation Reduction Act introduces or repackages various tax reforms for many groups. Some reforms will affect/benefit businesses, but some will also affect/benefit individual taxpayers....
by Folasade Ayegbusi | Aug 13, 2022 | Business Goals
Here is the Number One Trap that Can Destroy your Business: Doing Everything by Yourself. Business traps come in many forms, but the one about trapping yourself into a jack-of-all-trades can be destructive to a business. In this article, you will learn why doing...
by Folasade Ayegbusi | Jul 16, 2022 | Business Goals, Finances
5 Investment Strategies to Build Generational Wealth Building generational wealth is an important mission for any individual. This is because it has something to do with acquiring assets and cash for the sake of leaving your loved ones living comfortably without...