Holistic accounting is a way of looking at an individual’s full financial ecosystem, rather than just focusing on their business. It takes into account a wide range of factors, including business and personal financial activities, credit health, investments, estate-planning, and other non-standardized ways of looking after our financial world.
Continue reading...2022
5 Tips for a Successful Digital Detox: How to Disconnect and Improve Your Well-Being
In today’s digital age, it’s easy to get caught up in the constant stream of notifications, emails, and social media updates. But taking a break from technology, also known as a digital detox, can be an important step towards improving your overall well-being.
Continue reading...An Introductory Guide to Creating a C-Corp in Delaware: Legal Protection and Tax Advantages
Delaware has long been considered a top destination for businesses looking to incorporate, particularly for C-Corporations. The state’s business-friendly laws and regulations, combined with its favorable legal climate, make it an attractive option for a wide range of companies, from small startups to large multinationals.
Continue reading...The Connection Between Finances and Mental Health: How to Achieve Both
As a small-business owner, managing your finances can be a constant source of stress and anxiety. While it’s important to keep track of your financial health, it’s also crucial to take care of your mental health. Here are some ways that small-business finances can impact your mental health, and strategies for managing the stress.
Continue reading...7 Steps to Change Your Business Name with the IRS: A Guide for Compliance and Smooth Operations
Changing the name of your business can be a daunting task, especially when it comes to updating your information with the IRS. However, with a little bit of planning and attention to detail, the process can be a smooth one. In this blog post, we will go over the steps you need to take to change your business name with the IRS and ensure that your business remains in compliance with all tax laws.
Continue reading...Updating Your Business Address: A Comprehensive Guide for IRS and State Compliance
Updating your business address is an important step in maintaining compliance with tax laws and regulations. If your business has recently moved or is planning to move, it’s important to update your address with the IRS as well as other relevant institutions as soon as possible to avoid any confusion or penalties.
Continue reading...When Are Tax Extensions Due?
First thing’s first. An extension to file is NOT an extension to pay (unfortunately). This myth is one that I find surfacing for a number of clients who come to me after filing extensions on their own.
Continue reading...How to File Hawaii GE Tax
There are a few steps to make sure you’ve completed before you can file your periodic GE reports. First, you need a GE Tax License Number. You can apply for this (alongside your articles of organization with Hawaii) via the state website. This article gives steps on applying for and filing Hawaii GE Tax.
Continue reading...Comparing Invoicing Services: QuickBooks Online, Xero, Freshbooks, and Wave Accounting
We’re seven years beyond the date we were ‘promised’ flying cars, hoverboards, and strange extra-long-sleeve shirts from Marty McFly’s trip in Back to the Future. While the whole flying-car idea might be reserved only for Sci-Fi films, we at least have stumbled into a world where invoicing for small-businesses is quick, easy, and user-friendly.
Continue reading...Understanding Your Credit Score: A Comprehensive Guide for Credit Karma
Some years ago, Marvel and Star Wars weren’t owned by Disney, Intagram and WhatsApp weren’t owned by Facebook (now Meta), and Credit Karma wasn’t owned by Intuit.
Alas, times have changed. Luckily, Credit Karma as a product hasn’t changed much since its acquisition. It still offers reporting through two of the three agencies. It still floods you with offers for personal loans, new credit, and more. (They’ve gotta run a business somehow, right?)
Continue reading...