Are you unknowingly giving the IRS a loan or risking penalties by underpaying? Staying on top of quarterly tax payments is crucial for business owners to avoid surprises and keep cash flow steady. At Edgewater CPA Group, we make tax planning simple so you can focus on growing your business instead of stressing over deadlines. Here’s how to stay on track and avoid costly mistakes.
If you’re a business owner, you’ve probably heard about the Beneficial Ownership Information (BOI) Report. But do you know what it means for you? The clock is ticking, and businesses must comply with the new BOI filing requirements by March 1, 2025, or face potential penalties. At Edgewater CPA Group, we know that keeping up with IRS regulatory changes can be overwhelming, but staying ahead of compliance requirements is crucial to protecting your business. Here’s what you need to know about BOI filings and how to prepare before the deadline.
“Oops, I made a 1099 typo!” – Sound familiar? Don’t worry; you’re not alone! Small business owners juggle a lot, especially when working with contractors. Mistakes happen, and correcting a 1099 can feel like one more headache in an already full schedule. But good news! Fixing a 1099 is easier than you think – and Edgewater CPA Group is here to help guide you step by step.
Are you a business owner looking to take your company to the next level? Look no further than Edgewater CPA Group and our business growth services. As small business tax accountants, we understand the unique needs and challenges of businesses in Central Indiana and are here to help unlock your full potential.
Picture this: your business is booming, customers are happy, and projects are pouring in. But when you sit down to review your finances, everything feels like a numbers puzzle you just can’t solve. Sound familiar? Managing a small business is rewarding, but when bookkeeping becomes a source of stress, it’s time to call in the experts. At Edgewater CPA Group, we know how to turn financial chaos and bookkeeping into clarity so you can focus on what you do best — running your business.
As a business owner, you juggle countless responsibilities, from managing operations to developing marketing strategies, all while striving to ensure your company’s success and growth. Amid these demands, one crucial yet often overlooked factor is the role of an accountant in driving business strategy and growth. At Edgewater CPA Group, we fulfill this vital role for many businesses like yours, leveraging our expertise as leading CPA professionals to help your business thrive. But what does this accountant role truly entail? Let’s explore.
Receiving an official notice from the IRS can be daunting, especially for small business owners already juggling numerous responsibilities. Before you let the worry set in, remember that these notices are more common than you might think, and they’re often resolvable. At Edgewater CPA Group, we’re here to guide you through this process with expertise and reassurance.
Have you ever had a heart-stopping moment when you saw “IRS” on an envelope in your mailbox? You’re not alone. At Edgewater CPA Group, we understand how intimidating it can feel to receive an unexpected notice from the Internal Revenue Service. But fear not! This guide is here to demystify the five IRS notices you need to know about as a small business owner. We aim to help you keep calm, informed, and prepared for any tax-related surprises that might come your way.
Starting a freelance career is both exciting and daunting. As you navigate this new world of independence and flexibility, it’s essential to recognize a common challenge many freelancers face: managing finances effectively. At Edgewater CPA Group, we understand that transitioning to freelance work can bring several new responsibilities, especially around financial management. Here are four frequent freelance financial mistakes we’ve seen people make and how to avoid them.
As a small business owner, you juggle countless responsibilities daily. Between managing customer expectations, overseeing operations, and planning for growth, it’s easy to sideline the back-office processes like bookkeeping. However, neglecting your financials and closing your books monthly can lead to unforeseen financial pitfalls and stress. At Edgewater CPA Group, we understand these pains and are here to ease your bookkeeping burdens.