A law firm needs a specialized CPA to ensure the legal practice can run smoothly. Law firm accountants are accustomed to the law firm's business structure, method of business, services, and highest risks. Having someone already well-versed in the field allows partners and attorneys to focus on their
A Deep Dive into Rental Property Tax Deductions
As a landlord, you are highly involved in looking for tenants to rent your property while at the same time ensuring that you provide the necessities to keep them around. That adds you money in your bank account. However, the IRS is always knocking to check on what you have earned, so you have to pay
How to Create Better Spending Habits
Spending is one of those fun facts about life. The thought of getting access to anything you need as long as you have cash can be thrilling and one may be willing to do anything for this privilege. However, it is important to realize that how you spend your money determines your future financial
Creating a Budget for Your Small Business
One of the most crucial things every new business owner must do is to create a company budget. You want a budget that's flexible enough to handle future expenses, but also manage your existing revenue, and cash needs. A budget is also a critical tool of your startup business plan. One of the key
Growing Small Businesses In Seattle
Seattle, Washington is a bustling Pacific Northwestern metropolis that's known for many things. The city is associated with friendly folks, (arguably) beautiful, rainy weather and coffeehouses galore. If you're thinking about making your mark in the Emerald City, then you should look into your
Major Companies That Don’t Owe Federal Taxes
Everyone dreads having to pay their fair share of federal taxes, but there are some multi-million dollar companies that do not pay a dime in taxes. Some of the wealthiest companies have not had to pay federal taxes in years, and 2018 was no exception. Some of the top companies, like Amazon, Alaska
How Would Universal Income Impact Taxes?
In the upcoming 2020 election, a debate topic is going to be the concept of universal income. If you're new to the idea, there's a myriad of different variations, but the core concept is the government would provide basic income for everyone to cover your finances (or most of your monthly finances).
Seattle Searching for Tax Cuts & Hikes
The city of Seattle is looking for ways that it can use taxes to benefit everyone in the city limits, and they have brought forth some proposals that will help the city build a more efficient government. Plus, the city wants to be sure that they can serve the whole population by making these changes