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Small Business Guide: Choosing Between a Bookkeeper, Accountant, or Both

So, you’re running a business and thinking about who should manage your money. It’s a common question: do you need a bookkeeper, an accountant, or maybe both? It can get confusing fast, and getting it wrong can cost you time, money, and a lot of headaches. Let’s break down what each person does and how […]

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Monthly vs. Annual Expense Tracking: Unpacking What Works Best for Your Financial Goals

Figuring out where your money goes each month can feel like a puzzle. Some costs are the same every time, like your rent, but others, like your grocery bill or how much you spend on gas, can change quite a bit. This article is all about looking at how to track these different expenses, whether

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How to Properly Document Income and Deductions: Avoid Red Flags and IRS Scrutiny

Filing taxes can feel like a minefield, right? You want to get it done, but the thought of the IRS knocking on your door is pretty unsettling. Turns out, there are definite ways you can accidentally put yourself on their radar. It’s not about being shady, it’s usually about making simple mistakes or not keeping

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Business owner looking at finances

How to Properly Report Business Sale Profits on Your Tax Return: A Step-by-Step Guide

Selling a business can be a big moment, and figuring out how to report the profits on your tax return might seem a little confusing. Don’t worry, though. We’ve put together a guide to help you understand the process, from knowing what counts as profit to filling out the right forms. This will help you

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Miami skyline with tax documents

The 7 Most Common Tax Mistakes Miami Locals Are STILL Making in 2025

It’s 2025, and Miami businesses are still tripping over the same old tax problems. You’d think after all this time, people would have it figured out, right? But nope. From missing forms to messing up sales tax rates, the list of common tax mistakes is surprisingly long. Let’s talk about what Miami locals are still

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