by Prospect Tax | Aug 21, 2019 | Business, Firm Updates
Business software tools can make your company run with maximized efficiency. They’ll allow you to communicate with your team members and clients, schedule appointments, keep track of finances, and even give you to-do lists! These tools can become foundational to your...
by Prospect Tax | Aug 19, 2019 | Firm Updates
In this series of blogs discussing how to pay yourself as a small business owner, I will cover this subject as it pertains to three different types of entities. These include sole proprietorship, LLC, and an S Corporation. Today, let’s consider sole proprietorship. If...
by Prospect Tax | Aug 13, 2019 | Business, Firm Updates, Services
You’re as busy as a bee, you’ve got a lot on your plate, your hands are full, and you’re up to your neck in a never-ending list of tasks! This is the reality- the very full, hectic, and simply busy life- of a small business owner. However you put it,...
by Prospect Tax | Aug 13, 2019 | Vlog
I’ve been asked in several instances how and when a business owner ought to pay themselves. This depends on a few things: the type of entity you manage, your amount of profits, and how much income is required for your personal life. I will explain the details of...
by Prospect Tax | Aug 8, 2019 | Vlog
If you’ve received a notice from the IRS or another taxing agency like the EDD or the Franchise Tax Board, you know the panic these instill. They might contain foreboding information with complex tax verbiage. And it’s way easier just to ignore it along with other...
