Preparing Your GovCon Business for the New Fiscal Year and Beyond
October 31, 2024
As we enter a new fiscal year, government contractors face a unique set of challenges than other non-government contractors. From shifting budgets, competitive bidding for contracts, and the need for compliance with strict regulations, the start of the fiscal year is an important time to…
Your Guide to Year-End Tax Planning
February 23, 2022
Years ago, I worked for a tax firm as a junior accountant. When it came time for year-end tax planning, I had a client I could see coming from a mile away. This client was the owner of multiple fine dining restaurants, one of them…
How to Get Clients to Pay More Taxes (+ Why They Should)
February 8, 2022
Not long ago, I was working with a business in Montgomery County that was accustomed to working with a different advisor. It’s always interesting to see how others in my industry operate, and in this situation, I started having thoughts that my mind kept revisiting…
What Your Tax Information Can Tell You About Your Business
April 23, 2021
The words “Tax Season” are always met with a collective groan throughout the entire United States. But did you know that taxes can actually be beneficial to your business? Yes, really! Of course, the tax process can be tedious. However, it’s also a great opportunity….
The Ticking Time Bomb of the Excise Tax Increase
October 28, 2020
As a distillery owner, you are probably well aware of the prospect of an increase in the excise tax for distilled spirits was hanging over the industry’s head till about two years ago. In December 2017, Congress passed a bill that included a provision to…