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Business Operations Audit: What to Clean Up Before 2026

You’ve built a successful business from the ground up. You’ve put in the long hours…

How Smart Accounting and Tax Planning Shield Your Business from Tariff Impacts

The recent doubling of U.S. tariffs on Indian imports is causing concern for many small…

Boomerang Kids and the Impact on Small Business Owners’ Nest Eggs

Graduation caps are about to fly, and as small business owners, many of you may…

Treasury Department Suspends Enforcement of BOI -March 2, 2025

On March 2, the Treasury Department announced several updates regarding the Corporate Transparency Act (CTA)…

Cobb CPA Holiday Hours Update

Dear Valued Clients, As the holiday season approaches, we want to take a moment to…

Happy Holiday Hours

Happy holidays from your friends at Cobb CPA! Quick note regarding our hours: Our office…

Maximizing Output: Strategies for Enhanced Production and Business Growth

If you’re a business owner looking to improve production and drive growth, you’re in the…

Unlock the Potential of Smart Inventory Management for Your Business Success

As a business owner, one of your primary concerns is always to keep the right…

Plan Ahead To Leave a Lasting Legacy

In the unfortunate event that you should pass away without an estate plan (or at…

Retirement Tips for Business Owners: Ensure a Secure Future

As a business owner, unlocking personal financial success comes with new challenges and responsibilities. One…

Secure Act 2.0 | How It Affects You & Your Business

Retirement saving has always been an essential aspect of a stable financial future. However, the…

Protecting Yourself from Scams, ID Theft and Cyber Criminals

Article Highlights: ID Theft What’s in Your Wallet or Purse Phony E-mail Pop-up Ads Only…

Ways to Protect Personal Information

Best Practices to Help Guarantee Success for Your Gig Enterprise

According to one recent study, workers who make up the “gig economy” contributed roughly 5.7%…

Why Quality Bookkeeping Matters

If you had to make a list of all the things that most business owners…

2023 Social Security Cost-Of-Living Increase Highest In 40 Years

Article Highlights: 2023 Social Security COLA Increase Historical COLA Increases Keeping Inflation At Bay Medicare…

What Every Employee Needs to Know About 401(k) Savings

Are you familiar with 401(k) retirement funds?   More and more employers are offering 401(k)…

The Most Important KPIs for E-Commerce Businesses

If you’re running an e-commerce business, you are part of one of the most exciting…

What Does The Inflation Reduction Act Mean To You?

Article Highlights: Increased Internal Revenue Service (IRS) Funding Drug Pricing Affordable Care Act Insurance Premiums…

Business Owners’ Tax Advantages

8 Keys to Creating an Effective Employee Handbook

Most companies have policies or procedures governing their employment practices, but they’re sometimes maintained informally….

Actually, a Recession is a Great Time to Launch That New Startup

It’s safe to say that there are a lot of people worried about an impending…

Employee Retention Strategies You Should Have In Place

As your business grows, you’re often challenged with finding new employees, but have you considered…

The Right Accounting Method for Your Business

Every small business – whether a respected local mom-and-pop retailer, a startup tech company, or…

Do You Want to Grow Your Business With Minimal Investment? Here is How You Do It

With a potential recession on the horizon, most small businesses, in particular, are looking for…

Small Businesses Can Benefit from the Work Opportunity Tax Credit

Article Highlights: What is the Work Opportunity Tax Credit? Maximum Credit Who Can Claim the…

How to Protect Yourself When Selecting Investors For Your Startup

  Any seasoned entrepreneur will tell you that coming up with an idea for a…

How QuickBooks Online Helps You Track Mileage

If you drive even a little for business, it’s easy to let mileage costs slide….

With a Possible Recession Looming, You May Want to Review Your Cash Flow Process

If you’re a business owner who has been through a recession before, you know that…

The Top Cash Flow Tips That Medical Practices Need to Follow

By far, one of the biggest issues that most organizations face is and will always…

Important Times to Seek Assistance

Article Highlights: When to seek professional assistance Examples of times where tax saving moves can…

From Homeless to Hero: The John Paul DeJoria Story

According to one recent study, there are more than 500,000 people living in homelessness in…

Corporate and LLC Structure Can Protect Sole Proprietors’ Assets

There are plenty of advantages to being your own boss, but that doesn’t mean that…

Tax Issues That Arise When Converting a Home into a Rental

Article Highlights: Reason for Conversion Basis Depreciation Cash Flow versus Tax Profit or Loss Passive…

The Story Behind the Success at Chief

People are no longer shocked by women in the C-Suite. As female empowerment in the…

Why Employee Classification is of Paramount Importance

Not too long ago in Orlando, Florida, a federal investigation uncovered a situation where 22…

Modern era accounting professionals – no longer just tax planning

To say that there is a lot going on in the world right now is…

S CORPORATION REASONABLE SALARY REQUIREMENT

Article Highlights: Payroll Taxes Corporate Officers Employees of a Corporation Reasonable Salaries Factors Flow-Through Deductions…

Why Proactive Planning is More Important Than You Realize

Fail to plan or plan to fail There’s an old saying that reminds us “if…

Business Budgeting… It’s Still an Invaluable Practice

Business budgeting is ignored by most small businesses. According to one recent study, only about…

Corporations: Do you really want to pay those dividends?

If you invest in stocks, you probably look forward to receiving dividend checks (or notices…

Tax Information Reporting Requirement for Cryptocurrency Added by Infrastructure Bill

Over the last 3 years, the Internal Revenue Service has been engaged in a virtual…

Is a SEP Retirement Plan Right for You?

Like many small business owners, you probably find yourself very busy in the wake of…

Here’s How to Take a Page From the Ultra-Wealthy Playbook and Make Full Use of Roth Retirement Accounts

We’ve all heard the term “the rich get richer.” According to a report released from ProPublica,…

Defer Taxes with Installment Sales

Selling a property one has owned for a long period of time will frequently result…

Writing Off Your Business Start-Up Expenses

Unfortunately, as a result of the COVID pandemic many small firms have gone out of…

How Employee Stock Options Are Taxed

Many companies, as an incentive to employees to help grow the companies’ market value, will…

How to Protect Your Data in QuickBooks

After the unprecedented year we’ve just experienced, the last thing you need is to have…

The Tax-Filing Deadline Is Around the Corner

s a reminder to those who have not yet filed their 2020 tax returns, May…

Managing out-of-State Employees: The Payroll Tax Conundrum

As the COVID-19 global health event continues, employees across the country are still working at…

2020 Tax Filing & 2021 Estimated Deadlines

Just a reminder to those who have not yet filed their 2020 federal tax return…

Best ways to expense business IT purchases

Thanks to some very liberal tax laws written to encourage investment in personal tangible equipment,…

How to use tags in QuickBooks Online

QuickBooks Online offers numerous ways to help you track your sales, expenses, and profitability. If…

5 things that happened in March that affect your small business.

Here are five things that happened this past month that affect your small business. 1)…

How to Evaluate Your Business Idea Before Diving In

They say that everybody has at least one good novel in them, and many people…

IRS postpones April 15 tax filing deadline

The IRS announced on Wednesday that it is postponing the deadline for all individual tax…

It’s Official! Another Round of Stimulus Payments Approved by Congress

The American Rescue Plan Act has passed and includes a third much-anticipated economic impact payment…

Should you file a 2020 tax extension?

We’ve had a lot of changes and challenges this year!  There have been more changes…

Move Over CRM’s its time for UE – User Experience

Okay, so CX is always going to be important, but these days its also all…

Tax Time is Around the Corner! Are You Ready?

Tax time is just around the corner, and if you are like most taxpayers, you…

Obscure and Overlooked Tax Deductions, Credits, and Benefits

As tax time approaches, here are some tax issues that taxpayers frequently overlook, ranging from…

2020 Tax Filing – Important Update!

  2020 is finally over – We thought it would never end! To say the…

New 2021 Business Meals Deduction!

  If you recall, the Tax Cuts and Jobs Act (TCJA), effective beginning in 2018,…

PPP 2 Loans & Small Business Support

Paycheck Protection Program (PPP) Loans & Small Business Support The legislation includes over $300 billion…

Help is on the way + New PPP Loan (part II)

After months of political bickering, Congress has reached an agreement on an emergency coronavirus relief…

IRS says No to 2020 PPP funded expenses!

IRS – deducting expenses if PPP Loan Forgiveness not received by year-end. In a Revenue…

Paycheck Protection Program Flexibility Act of 2020

Paycheck Protection Program Flexibility – If you are the owner of a small business that…

7 Tips to Keep Afloat During the COVID-19 Disruption

The COVID-19 disruption has had an unprecedented impact on all aspects of American businesses, but…

PPP Loan Forgiveness Don’t Get Short Changed

Now that you have gotten a Paycheck Protection Program loan (PPP), it is time to…

Heroes $3 Trillion Coronavirus Relief Bill Proposed by House Democrats

As the coronavirus continues to lay waste to the American economy, legislators are hoping to…

Should you keep your PPP Loan?

I’m sure you’ve heard about Shake Shack and Ruth’s Chris walk of shame. They gave…

Not All PPP “Forgivable” Loans Will be Forgiving

In the face of the global pandemic and the subsequent economic crisis it has spurred,…

How to Reboot your business!

Survive & Thrive Business Leaders Mastermind Friday May 1st @ 1pm MST Zoom Online  …

Signed 4/24/2020 – Paycheck Protection Program and Health Care Enhancement Act: What’s In It?

President Trump has signed the Paycheck Protection Program and Health Care Enhancement Act (PPP &…

Don’t Fall Prey to This New Scam Targeting CFOs and Bookkeepers cybersecurity

If you had to make a list of some of the most pressing issues facing…

PPP Loan Forgiveness – You got $$, now what?

So, you were one of those lucky businesses that received a payment from your now…

Employer Alert: Families First Coronavirus Response Act Provisions are Mandatory

One of the government’s efforts was to pass the Families First Coronavirus Response Act which,…

Covid-19 SBA Loan Programs

SBA Loan Programs Economic Injury Disaster Loans Paycheck Protection Loans Loan Forgiveness Among the hardest…

Big Tax Benefits with the CARES Act – not just PPP Loans

As part of the stimulus package to help offset the financial damage inflicted on businesses…

The IRS Starts Issuing Coronavirus Payments April 9th: When Will You Get Your Funds?

With the impact of the COVID-19 crisis affecting people all over the country, the Internal…

2019 IRS Filing and Payment Deadlines

On April 9, 2020, the IRS issued Notice 2020-23 which has expanded the postponement of…

Self-Employed Now Qualify for Unemployment Benefits

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27th…

‘Main Street’ Loan Program to Support Small to Medium-Sized Businesses

On April 9, 2020, the Federal Reserve announced it would be taking additional steps to…

Paycheck Protection Program and Economic Injury Disaster Loans

There are two different types of government business loans available, the Paycheck Protection Program and…

Employers Can Defer Payroll Taxes

One of the benefits included in the COVID-19 epidemic stimulus package is the ability for…

Paycheck Protection Program – Free Money?

By now you may have heard about the U.S. Government’s new stimulus program, Paycheck Protection…

Live Updates: The Latest COVID-19 News for Taxpayers and Small Business Owners

As the whole world grapples with the personal, professional, and economic fallout of the COVID-19…

What Does the $2 Trillion Cares Act Package Mean for You?

The Stimulus Package, “Coronavirus Aid, Relief, and Economic Security Act” (Cares Act), includes many tax…

What the July 15, 2020 Tax Filing Extension Means

The IRS has postponed the due date for filing Federal income tax returns and tax…

COVID-19 Sick Leave and Child Care Relief for Employers & Employees

COVID-19 Sick Leave – The epidemic has created situations where employees are not able to…

The SBA Is Providing Small Business Disaster Loans for Relief During the Coronavirus Outbreak

The U.S. Small Business Administration (SBA) has never faced a challenge like the COVID-19 outbreak,…

Tax filing deadline moving to July 15

Treasury Secretary Steven Mnuchin announced on Friday that tax returns normally due on April 15…

Coronavirus relief bill – tax credits for employers & self-employed

The coronavirus relief bill signed by President Donald Trump late Wednesday contains, among its many…

Looking for Quick Cash? Try to Avoid Retirement Savings

If you find yourself looking for quick cash , your retirement savings may look like…

Treasury and IRS Announce 90-Day Delay for Tax Payment Deadline

On Tuesday, Treasury Secretary Steven Mnuchin announced that the tax payment deadline for US taxpayers…

Focus on growing Profit instead of revenue!

Focus on profit. Feeling the itch and ready to tackle growth in 2020? That’s great!…

Closing 2019 QuickBooks Online?

It would be great if you could have closed out your 2019 QuickBooks Online knowing…

Wow! Congress Passes Last-Minute Tax Changes!

Tax changes! At almost the last minute, Congress has passed a large number of tax…

Cash Flow for Your Newer Growth Startup

According to a recent study conducted by U.S. Bank, over 80% of all newly formed…

It’s Not Too Late to Make a 2018 Retirement-Plan Contribution

Have you been ignoring your future retirement needs? This tends to happen when people are…

Could Your Sales Invoices Be Better? How QuickBooks Online Can Help.

Getting paid by your customers—on time, and in full—can take some effort on your part….

Your Small Business Survival Guide for If (and When) the Economy Slows Down

According to one recent study conducted by the Small Business Administration, there are approximately 28.8…

Tax Time Is Around the Corner! Are You Ready?

Tax time is just around the corner, and if you are like most taxpayers, you…

Avoid 8 Common IRS Penalties

You know the old line about the inevitability of death and taxes? It’s still true….

Cash Flow – How to recognize & solve signs of impending problems

While it may seem too simple of a deduction, what with the complexities surrounding small…

Are You an S Corporation Stockholder? Are You Taking Reasonable Compensation in the Form of Wages?

S Corporation Compensation Reasonable Compensation Factors Determining Reasonableness In the Spotlight Sec. 199A Deduction S…

Team Building: How Do I Make Employees Care?

Whether you’re just starting out in business or 10 years in, one of the most…

Can your Arizona S Corp help you beat the IRS’s new $10,000 state and local tax cap?

Under new federal tax law taking effect January 1st, 2018 the IRS will begin capping…