Understanding how to estimate business taxes as a small business owner can be overwhelming, especially when unexpected tax bills hit at the worst time. Jamie Trull, CPA and financial coach, simplify tax estimation with a straightforward method using your previous year’s tax return. In this blog, we’ll walk through Jamie’s strategy for calculating taxes, planning […]

As the year comes to a close, the window of opportunity for last minute tax deductions closes as well. If you’re a small business owner, you might be wondering how to minimize the amount you’ll owe Uncle Sam. The good news? There’s still time to make smart financial moves and take advantage of last-minute tax […]

If you are you scrambling to meet the upcoming tax deadline, we’ve got the small business tax tips you need to ease your anxiety! Whether you’re a business owner, solopreneur, or side hustler, organizing your finances at the last minute can feel overwhelming. Fortunately, with the right tools and tips, you can streamline the process, […]

In this post, we explore 3 top cloud based accounting software options for your small business to help you decide if you need to switch in 2025. Running Your Small Business Just Got Easier If your desk looks like a paper bomb exploded and tax season feels like a ticking time bomb, it might be […]

As a business owner, reviewing your financial results regularly is essential to making informed decisions. Whether you’re closing out the prior year, managing operations on a quarterly basis, or simply planning for the future, analyzing your profit and loss statement (P&L) provides crucial insights. Let’s dive into how you can review your business financials effectively […]

Managing your business finances often means seeking smart strategies to minimize tax burdens. One intriguing question that some business owners ask is whether adding their children as part owners in the business can reduce their tax obligations. In this post, we’ll walk through Jamie Trull’s expert insights on this strategy, break down how it works, […]

If you’re overwhelmed by bookkeeping software like QuickBooks and just want a simple, cost-effective way to track your business finances, this blog is for you! Not every entrepreneur needs complex accounting software, especially in the early stages of a business. With a spreadsheet solution, you can stay organized, monitor profitability, and prepare for tax season—all […]

The start of a new year is the perfect time to realign, strategize, and set small business goals for new year and new success! Whether you’re wrapping up 2024 or preparing for what’s ahead, January provides a unique opportunity to reflect on your New Year’s resolutions for your business and make a plan for impactful […]

If you run a business with salaried employees, there’s a critical update from the Department of Labor (DOL) regarding the new overtime rule you need to be aware of. New overtime rules come into effect in July 2024, with additional changes planned for January 2025. These changes might impact payroll requirements, your employees’ exempt status, […]

We’ve got the ultimate cash flow forecast template for you … because we know managing personal and business finances can feel like juggling multiple priorities. Some months, the cash flows easily, and you feel in control. while other months are tight, making it difficult to make ends meet. If you’ve ever felt overwhelmed, know that […]