December 2024

Running a business involves a delicate balance of ambition, strategy, and financial management. While success stories often take center stage, the reality is that many businesses face financial challenges that can spiral into bankruptcy if left unchecked.

The US legislature is still deciding whether original BOI reporting is necessary. There are also current court cases pending, regarding filing requirements... Please see my update to the prior BOI reporting blog article published November 30, 2024. Garland

Garland Taylor CPA, Pres. Garland R Taylor CPA PC

Before you start lamenting your empty wallet, take a moment to consider this: you might be sitting on hidden cash without even realizing it. That’s right—your household or business could be a treasure trove of untapped resources just waiting to be discovered.

Have you ever gone to the store for a carton of milk and come home with a new air fryer, a potted plant, and a throw pillow you didn’t even need? If so, welcome to the club! Impulsive spending has an uncanny way of sneaking into our lives, charming us with shiny objects and limited-time sales.

Running a home business isn’t without its own unique challenges. For all the conveniences that operating a business out of your home brings, there are some pitfalls that all small business owners have in common should strive to avoid.