Most business owners set their prices once and then defend them forever. Not because the pricing is right, but because raising prices feels risky and the business is still growing, so why mess with it? Here’s the uncomfortable truth: knowing how to know if you’re underpricing is something most business owners avoid precisely because they […]
You’re Probably Underpricing. Here’s the Exercise That Proves It. Read More »
Hitting $1M in revenue feels like a finish line. For most business owners, it represents years of work, proof that the business is real, and a number worth celebrating. But a pattern shows up often enough to be worth naming: why revenue growth hurts profitability is one of the most Googled questions by founders who
Written by Andrew Bertz, CPA These are the tax questions for business owners I field constantly. There’s a lot to understand, and it’s easily overwhelming. Here’s a simple breakdown of the most common ones you should know. 1. LLC, S-Corp, or C-Corp: Which actually saves me the most? Under $50K profit: LLC is fine. Between
10 Most Common Tax Questions Asked by Business Owners, Answered by a CPA Read More »
If you were counting on Oregon’s new job creation tax credit to offset hiring costs, there’s an important update. The Oregon small business tax credit has been significantly scaled back before it even passed into law. Here’s what changed and how it affects you. What Changed Oregon’s legislature originally created a job creation tax credit
Oregon Small Business Tax Credit Just Got Smaller Read More »
If you’ve ever Googled “tax deductions vs tax credits” you’re not alone. It’s one of the most searched tax questions every season, and yet most business owners still aren’t clear on the difference. That confusion can cost you. Here’s the plain-English breakdown. The Simple Version Same words, very different impact. Let’s break both down. What
What’s the Difference Between a Tax Deduction and a Tax Credit? Let Me Explain. Read More »
Mixing personal and business expenses is one of the most common mistakes business owners make, and most don’t realize they’re doing it. Whether it’s buying office supplies on your personal card or covering a team lunch from your personal account, commingled finances create serious problems that go far beyond a messy spreadsheet. The Tax Consequences
Stop Mixing Personal and Business Expenses. It’s Costing You More Than You Think. Read More »
If you’re earning both W-2 and 1099 income, you’re not alone. The gig economy has made it increasingly common for workers to hold traditional employment while freelancing on the side. Here’s everything you need to know to stay compliant and maximize your tax benefits. The Key Differences Your W-2 income comes from traditional employment where
Side Hustle Taxes Made Simple Read More »
The hire-or-wait decision keeps business owners up at night. You’re overwhelmed but nervous about commitment. Your gut says hire, but your bank account says wait. The truth: Feelings aren’t a reliable hiring strategy. Objective financial indicators separate businesses that scale successfully from those that collapse under premature payroll. Why “Being Busy” Fails Being busy doesn’t
When to Hire, When to Wait: Financial Indicators for Scaling Your Team Read More »
Few tax strategies generate anxiety quite like a looming 1031 exchange deadline. If you sold investment property earlier this year with plans to defer capital gains through a like-kind exchange, the calendar is now your adversary. The 1031 exchange deadline rules are absolute, meaning if you miss them by even one day, and you’ll owe
Running Out of Time for a 1031 Exchange? Your Q4 Action Plan Read More »
By Brian Keyser | Director of CFO Services at Anthem Most business owners don’t know that some simple cash-flow checks could save their business. I’ve seen it happen too many times: profitable businesses that failed because they ran out of cash at the wrong moment. The warning signs were there for weeks, but no one
The 15-Minute Weekly Cash Flow Review Method Read More »
