Blog
Starting and managing a small business is a roller coaster ride. With so many details vying for your attention, accounting and financial management can easily become overwhelming. Hiring a CPA can be one of the soundest business decisions you’ll ever make. Let’s explore the...
Every business must manage its finances, and understanding the fiscal year is a crucial component in accomplishing that objective. The fiscal year is an integral part of accounting and tax reporting, but its start and end dates may not always align with what you...
When you're self-employed, navigating the tax landscape can seem daunting. However, with some guidance and understanding, you can successfully file your self-employment taxes without losing your sanity. Here at Clearview Accounting, we're all about making numbers your friend, so let's demystify self-employment taxes. 1. Understanding...
In the dynamic day-to-day of entrepreneurship, bookkeeping can be the stabilizing force that keeps your business running smoothly. It's not always the topic that sparks the most excitement, but it's undeniably critical for business success. Let’s take a closer look at what bookkeeping is,...
Each year, the IRS adjusts tax provisions to sync with economic changes. When tax time rolls around, you’ll want to know where you fall in income tax brackets, as well as how inflation interacts with your bracket, credits and deductions. You’ll also want to...
As all of us know, taxes are one of the unavoidable facts of life. So what happens when they’re not paid? You might have heard the terms “tax evasion” and “tax avoidance”. Despite sounding similar, these terms mean two completely different things, and can...
The IRS conducts financial audits to ensure businesses and individual taxpayers report their information correctly, according to current tax laws. Selection for an audit does not always mean there is a problem or mistake with your filing. Sometimes, the IRS identifies returns to audit...
Federal and state agencies, plus some privately owned companies, offer grants to help entrepreneurs cover various costs associated with starting and running a business and those who need relief due to the COVID-19 pandemic. While researching and applying takes some legwork, the reward of securing...
Striking out on your own and starting a small business is exciting, but it can also be intimidating – especially when you need capital and aren’t sure how to obtain it. A small business loan can help you finance your dream of entrepreneurship and...
Most taxpayers are understandably wary of learning there may be a problem with their annual tax return. Preying on this vulnerability, some criminals have developed phone scams in which they pretend to be IRS agents in hopes of stealing money or valuable information from...
