THE CHILDCARE TAX CREDIT I always get asked if babysitters or daycare tuition are deductible business expenses. Unfortunately, the answer is no. The IRS does not allow these expenses to be written off as business expenses on your taxes. However, you may be eligible for a tax credit that can significantly reduce your tax payment […]

By now, you have seen all the viral Reels and TikToks focused on putting your kids on your business’s payroll. Some even go so far as to offer advice on investing their wages to make them millionaires by the time they are thirty years old.  As with anything you see online, it’s important to do […]

Whether sent during onboarding, holidays, or birthdays, client gifts are powerful tools for enhancing your overall client experience. By creating loyalty, these gifts play a crucial role in retaining your clients because, let’s be honest, who doesn’t love receiving gifts? As they do with every credit card swipe, small business owners often wonder if these […]

I’m sure you have heard the term ‘financial reports’ before, but as a new entrepreneur, you are probably wondering, “Why do I need them?” So what exactly are financial reports?  Financial reports are really just a way of organizing all the transactions in your biz (in different ways – examples below!) to tell you different […]