2023
3 FEBRUARY 2023
Do you ever think about the incredibly important role of documentation in a taxpayer’s life? The medium itself may change consistently, ranging from paper to email; but, regardless of the format, all taxpayers should maintain a thorough document trail.
2022
8 APRIL 2022
Even though Form 1099 deadlines occur at the start of busy season, the compressed filing term may cause a lackadaisical approach to completing less critical tasks. It’s challenging to get our clients’ 1099 data within a short period and is stressful for the preparer. With misplaced or missing paperwork, it’s no wonder both parties dread the task.
14 MARCH 2022
If you're an influencer, you're in a relatively new industry with limited regulation, and you might be wondering: How do influencers pay taxes? You're not alone. Influencers definitely have a tax situation that is as unique as their industry. While it's an exciting time to be an influencer, it can also be challenging to understand the requirements around tax compliance.
14 MARCH 2022
Severing ties with your clients is one of the most challenging aspects of operating a firm. Yet, it is a very necessary task. It’s tempting to continue working with a disgruntled or difficult client, hoping the relationship improves, not to mention the concern about your bottom line. But the situation places you in a vulnerable position, which you should avoid at all costs.
16 FEBRUARY 2022
Expanding your advisory services can lead to more revenue and happier clients, but it all depends on how you plan, prepare, execute, and market. Your blueprint is the driving force behind your success.
2021
12 DECEMBER 2021
To keep it nice and simple, yes, you will need to file taxes if you have a business as an influencer. Social media influencers and content creators are business owners. According to Thomas Williams, EA...
12 MAY 2021
The book summarizes how taxes work for real estate professionals, whether you’re thinking about entering the industry or already acquired your license.
1 MARCH 2021
Learn about the complexities of claiming the real estate professional designation on a tax return.
09 FEBRUARY 2021
An inside look at the intricacies of listing your home on B&B platforms.
9 JANUARY 2021
Getting ready for the financial (and life) decisions after hitting a big jackpot.
2020
11 NOVEMBER 2020
You've started your business; now you have to manage the finances. Should you hire a bookkeeper, outsource everything, rely on software alone, or do something else?
11 NOVEMBER 2020
Preparing for financial options and challenges after the wedding day.
27 OCTOBER 2020
27 OCTOBER 2020
"One of the best Accounting books for beginners" - BookAuthority
27 OCTOBER 2020
"One of the best Bookkeeping books of all time" - BookAuthority
27 OCTOBER 2020
"One of the best Bookkeeping books for beginners" - BookAuthority
27 OCTOBER 2020
Deducting The Right Way: Untangling Small Business Accounting & Taxes made it to BookAuthority's best Accounting Books for Beginners, Best Bookkeeping Books for Beginners, Best Bookkeeping Books of All Time, and Best Tax Law Book for Beginners lists.
5 OCTOBER 2020
Supplemental guides for entrepreneurs, freelancers, and SMBs.
30 AUGUST 2020
Williams and Palma under consideration for prestigious 2020 Author Elite Award.
3 JULY 2020
Get the details of a valuable tax strategy that can reduce your taxable income on a rental property.
11 JUNE 2020
Celebration Lifelong has been a ‘go-to’ resource in Celebration for many years. It is one of the “hidden treasures” in our community, resulting from the vision and hard work of its volunteer board, its volunteer instructors...
20 MARCH 2020
A number of chiropractors tend to fall into tax problems each year, which can easily result in paying more than they should...
9 MARCH 2020
You’ve been struggling for months to pay your credit card bills. Maybe you’re frequently late or have missed payments. That hefty outstanding balance is like a noose around your neck...
2 MARCH 2020
Our priorities shift after age 50. Financial pros recommend these top ways to spend or invest your extra cash...
24 FEBRUARY 2020
Maybe you’re driving for Uber, working as an independent contractor or otherwise generating income via a side hustle. If you’re a member of the gig economy, instead of having a W-2 like an employee, your income is reported on a 1099. You still have to pay the piper...
20 FEBRUARY 2020
Know what’s expensive? Being pregnant. There’s maternity clothes, those damn prenatal vitamins, the loopy preggo pillow (if you’re lucky!). Know what’s even more expensive? Actually having the baby. In 2019, Business Insider reported that a normal, healthy, uncomplicated delivery in the U.S. costs an average of...
27 JANUARY 2020
Authors Thomas J. Williams, EA and Iris K. Palma, JD penned another book in the Deducting The Right Way collection. Deducting The Right Way: Homeowner's Journal is now available on Amazon worldwide. It focuses on helping taxpayers who own real property in their personal names (not part of a business)...
2019
20 DECEMBER 2019
How to manage your business finances with fewer frustrations and less time.
4 DECEMBER 2019
Award-nominated authors release new workbook as a tool from homeowners.
5 NOVEMBER 2019
Celebration Lifelong's educational program for adult's gains "Lifelong Friends"...
18 OCTOBER 2019
Definitions vary, but typically a micro business is a type of small business that employs fewer than 10 people. Size and scale are the main differences between a micro business and small business—micro businesses often function as sole proprietorships and earn less than $250,000 annually...
11 OCTOBER 2019
Deducting The Right Way: Untangling Small Business Accounting & Taxes, written by Kissimmee, Florida authors, Thomas J. Williams, EA, and Iris K. Palma, JD, has been nominated for a 2019 Author Academy Award, an honor bestowed for literary merit and publishing excellence in the writing and publishing industry...
1 OCTOBER 2019
"One of the best Bookkeeping ebooks of all time" - BookAuthority
26 AUGUST 2019
Whether you’re running a business, raising money for charity, or a stay at home dad, money is incredibly important to know about. Reading is all about investing in your potential. Sacrifice some time now for the future...
23 JULY 2019
Business car wraps are vinyl decals that are designed, printed, and applied to vehicles to create mobile billboards. Wraps typically cost $2,500 to $5,000 or more, plus design. To use car wraps for marketing, choose vehicles to wrap, create a vehicle wrap design, and hire a company to fabricate and apply the decal...
11 JULY 2019
Not every partnership is destined to be a good one for your business' cash flow or your sanity. Let's take a look at the signs of whether or not you've found the right business partner...
17 APRIL 2019
There are many tax write-offs that people overlook when doing their taxes. Experts chime in on some of the most frequently missed opportunities to save money on April 15...
13 MARCH 2019
A two-day Venice Book Fair and Writers Festival kicks off on March 15 in the new William H. Jervey Jr. Venice Public Library, 300 S. Nokomis Ave., Venice. The festival benefits Venice Heritage Inc. and all speakers, editors, and literary agents along with dozens of volunteers donate their time for this charitable event. Venice Heritage Inc. is the 501(c)(3) fundraising arm of two historic sites in Venice, the Lord-Higel House, currently under restoration, and the Venice Museum and Archives...
13 MARCH 2019
Are you looking to sell a house “as-is”? The house may need work, and you’d rather not waste time and money on a fixer-upper.
Perhaps you prefer a quick and easy sale rather than dragging it out months. Weighing the pros and cons of selling “as-is” will help make the best decision. It’s important figure out if an as-is sale is even permitted in your area, as well as required legal disclosures...
11 MARCH 2019
It's easy for rich folks and large corporations to reduce their tax burdens, but regular folks can do it too! There are lots of things you can buy if you’re rich or in charge of a big corporation. Private planes, for instance; private yachts; private limousines; pretty much any form of luxurious private travel...
5 FEBRUARY 2019
Expense management isn't the sole domain of business owners or finance teams. If your employees are claiming expenses, they need to be clued in on best practices, too. No business owner wants to waste money. That's where expense management comes in...
8 JANUARY 2019
Having access to cash would undoubtedly help you avoid cash-flow problems in a business. But if you aren't swimming in money, here are the next best things to try. Walking on thin ice is a spot-on analogy for any business owner who has experienced cash-flow problems in a business. Being oblivious to your cash-flow issues may be just as dangerous...
7 JANUARY 2019
It’s time to start thinking about filing taxes, as that nagging reminder in the back of your mind sounds off at the beginning of each new year. This extra annual chore might make you wish you’d kept better track of your life from the last year as you scramble to decipher your documents...
8 JANUARY 2019
Having access to cash would undoubtedly help you avoid cash-flow problems in a business. But if you aren't swimming in money, here are the next best things to try. Walking on thin ice is a spot-on analogy for any business owner who has experienced cash-flow problems in a business. Being oblivious to your cash-flow issues may be just as dangerous...
2018
19 DECEMBER 2018
One of the most daunting aspects of being a small business owner or freelancer is trying to figure out how to navigate bookkeeping and taxes. While it may seem overwhelming at first, it really is just a matter of being organized and surrounding yourself with smart people who “nerd-out” over things like deductions, receipts and contracts...
27 NOVEMBER 2018
If your business has reached its maximum capacity within its current design and infrastructure, or if you are seeing revenue disappear due to market pressures, it may be time for you to invest in a renovation. While the long term value may be clear, the near term challenges of capital, planning, and the renovation itself represent a challenge to almost any business owner. While we are experts at assisting business owners acquire the capital they need to launch or complete their renovation project...
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