Blog

It seems business leaders aren’t worried about recession anymore. At least that’s what the annual World Economic Forum decided last week.  Economic experts and business leaders are saying that we're not likely to see a U.S. recession in 2024. The Federal Reserve might...

“The difference between tax avoidance and tax evasion is the thickness of a prison wall." — Denis HealeyI bring this quote up today to say, the IRS isn’t messing around lately. They're cracking down on businesses playing fast and loose with their tax obligations.Now,...

“Save more” is a new year goal a lot of people put on their list, but it’s proven to be a difficult one to reach the last few years. In your Newtown Square business, it’s likely some of your employees fall in this category — especially for those in lower income...

Now that we’re a week into the new year, all of last year’s broken things in your Newtown Square biz have likely smacked you in the face a few times. Sadly, they didn’t magically get fixed while you were cleaning up wrapping paper and sneaking another sugar cookie.But...

The start of the year is almost here, and with that comes a shifted mindset toward new beginnings. New year, fresh start. But, that doesn’t mean wiping the slate on everything in 2023, and that includes any tax debt you’ve piled up and haven’t dealt with. So if...

Making New Year’s resolutions seems like a waste of time. Sure, we might start with the best of intentions, but by February most of us have quit the gym, returned to normal eating habits, and left books unread on our bedside tables. But something I do believe in...

By the time you actually get to reading this, there is a very good chance that you're reading a voice from the past. I make it a practice to prepare my Newtown Square clients and friends a few days in advance, and RIGHT NOW, it is still 2023.But 2024 is beckoning and...

As a tax professional, I've seen it all when it comes to tax deductions – from the ordinary to the, well, let's say 'creatively ambitious' when it comes to small business deductions — like claiming a pet as a 'security expense' or insisting that a daily cappuccino is...

In many ways, year-end couldn’t come at a worse time. As if December holiday crazymaking wasn’t enough, as a business owner you’re also responsible for compiling an entire year’s worth of reporting data into comprehensible form for your accountant, with enough time to...