How To Avoid Profit Fade in Construction

How To Avoid Profit Fade in Construction

How to Avoid Profit Fade “Don’t settle for second best!” Just about everyone has encountered this phrase in various commercials and ad campaigns over the years, and it’s a good ideal to aspire to. Unfortunately, many construction businesses end up settling for second...
What is BOI? (Beneficial Owner Information)

What is BOI? (Beneficial Owner Information)

In an increasingly interconnected and regulated world, understanding who truly benefits from business entities has become critical. This is where Beneficial Owner Information (BOI) comes into play. BOI is a crucial component of financial transparency and regulatory...
Net Investment Income Tax (NIIT)

Net Investment Income Tax (NIIT)

Cracking the Code of Net Investment Income Tax (NIIT) Investing can be a great way to grow your money, but it’s important to remember that taxes often come with the territory. One tax you might encounter is the net investment income tax (NIIT), which takes a 3.8%...
Financial and Managerial Accounting

Financial and Managerial Accounting

The world of accounting can be difficult to understand if you’re not familiar with it. Let’s break down financial and managerial accounting in a simple way. Financial Accounting: Your Business’s Public Report Card Picture this: financial accounting is like...
Tax Season Survival Guide

Tax Season Survival Guide

Tax season is knocking at the door, and it’s a mix of excitement and dread for many of us. But guess what? Navigating through it can be a lot less painful with some practical tips and a bit of proactive action. Welcome to our Tax Season Survival Guide: Tips for...
What are Back Taxes?

What are Back Taxes?

The world of taxes is complicated and can be overwhelming for anyone or any business that is not well-educated about taxes. No matter who you are though, taxes have to be paid on the money that you make or if you are a business owner, the money that your business...