Being proactive with your tax planning and compliance can save you time, money, and stress. Below is an overview of key tax deadlines throughout the year, ensuring that you’re as well-prepared as possible. January – Start the Year Right March – Business Returns April – The Tax Month June – Mid-Year Check September – Preparing […]
Upcoming Tax Deadlines: A Comprehensive Overview for 2025 Read More »
With the new year approaching, staying on top of your financial metrics is essential for maintaining growth and profitability into 2025 and beyond. By understanding and tracking key financial indicators, you can make informed decisions that drive long-term success. Here are the top five financial metrics every small business owner should monitor: 1. Gross Profit Margin
Top 5 Financial Metrics Every Business Owner Should Track in 2025 Read More »
As 2024 comes to a close, it’s the perfect time for small business owners to take proactive steps to set up a successful financial year-end. Ensuring your financial records are in order not only helps with smooth operations but also prepares your business for growth in the new year. Here are some simple and effective
Year-End Financial Checklist for Business Owners Read More »
Identity Protection PIN Information An Identity Protection PIN (IP PIN) is a six-digit number from the IRS that provides extra protection against tax identity theft. If you, your spouse or dependent(s) have received one of these or you needed one to file your tax return last year, you can expect to receive a new one
Important Info and Upcoming Due Dates 2024-2025 Read More »
K1s, officially known as Schedule K-1 forms, play a crucial role in the realm of taxation for certain types of businesses and investments. Understanding K1s is vital for stakeholders in partnerships, S corporations, trusts, and estates. This guide will provide a clear, concise overview of what K1s are and why they matter. Understanding K1s Schedule
With Republican Donald Trump’s recent victory in the 2024 U.S. Presidential Election, significant changes to U.S. tax policy could be on the horizon. As the 47th President of the United States, Trump’s return to the White House signals a possible continuation and expansion of tax reforms initiated during his first term, notably the Tax Cuts
Post-Election Tax Update: What Happens Now? Read More »
In today’s business landscape, small and medium-sized companies often face financial challenges that require expert guidance. Hiring a full-time Chief Financial Officer (CFO) isn’t always practical due to budget limitations. Enter the Fractional CFO – an expert financial strategist and business thought partner who works alongside the owner on a part-time or project basis. But
7 Signs Your Business Needs a Fractional CFO Read More »
If you’ve recently come across the Corporate Activity Tax (CAT) on your invoice, you may be wondering what it is and why it’s there. Well, fear not– we’re here to help clarify that. What is the Corporate Activity Tax (CAT)? The Corporate Activity Tax, commonly known as CAT, is a tax levied on business activities
What is the Corporate Activity Tax (CAT) And Why Is It On My Invoice? Read More »
In today’s fast-paced business environment, efficient financial management is essential and QuickBooks Online (QBO) offers streamlined accounting processes. However, transitioning to QBO requires precision and expertise to avoid costly consequences. At Anthem, we want to emphasize the importance of consulting with a professional to ensure a seamless conversion or have them handle it for you.
As a small business owner, staying on top of your tax obligations is crucial. Knowing how to make a payment to the IRS (Internal Revenue Service) or the ODR (Oregon Department of Revenue) efficiently can save you time and stress. Here’s a quick guide to help you navigate the process. Making a Payment to the
How Do I Make a Payment to the IRS or ODR? Read More »
