Why Keeping Personal and Business Expenses Separate Is Crucial for Your Success
Why Keeping Personal and Business Expenses Separate Is Crucial for Your Success As an entrepreneur or small business owner, managing your finances can be overwhelming, but one principle can make a world of difference: separating your personal and business expenses. While it may seem like a minor detail, keeping these accounts distinct is vital…
Read ArticleNavigating the Holiday Hustle: Financial Strategies for Small Businesses
Navigating the Holiday Hustle: Financial Strategies for Small Businesses The holiday season is a whirlwind of activity for many businesses. While it’s a time of increased sales and heightened customer expectations, it also brings unique financial challenges. Many small businesses can get overwhelmed with the rush and lose sight of the bigger financial picture. Key…
Read ArticleUsing Data To Make Decisions
I recently listened to a podcast from a sports/business performance psychologist. It was intriguing to listen to him talk about the need to start with finding the truth before finding solutions. This concept has been working in my mind for several days as it applies to so much of what we do as leaders of…
Read ArticlePlanning your estate? Don’t overlook income taxes
The current estate tax exemption amount ($13.61 million in 2024) has led many people to feel they no longer need to be concerned about federal estate tax. Before 2011, a much smaller exemption resulted in many people with more modest estates attempting to avoid it. But since many estates won’t currently be subject to estate tax, it’s a good time to devote more planning to income tax saving for your heirs.
Read ArticleWhat types of expenses can’t be written off by your business?
In the world of tax deductions, it’s crucial to know what you can’t claim. Explore this blog to unveil the expenses your business can’t write off and safeguard your financial compliance.
Read ArticleEvaluate Whether a Health Savings Account is Beneficial to You
With the escalating cost of health care, many people are looking for a more cost-effective way to pay for it. For eligible individuals, a Health Savings Account (HSA) offers a tax-favorable way to set aside funds (or have an employer do so) to meet future medical needs.
Read ArticleTraveling for business this summer? Here’s what you can deduct
If you and your employees are traveling for business this summer, there are a number of considerations to keep in mind. Read our blog to learn what you can deduct!
Read ArticleWhat Should I Ask A CPA Before I Hire Them?
Finding the right CPA for your needs requires careful consideration. To help you make an informed decision, we’re giving you some questions to ask a CPA before hiring them.
Read ArticleKey Characteristics of a Successful Relationship Between a Salon and Spa and a CPA Firm
In this blog post, we will explore the key characteristics of a successful relationship between a salon and spa and a CPA firm, shedding light on how this partnership can drive growth and stability.
Read ArticleHow A CPA Firm Can Help Your Salon And Spa
In this blog, we’ll dive into the ways that teaming up with a CPA firm can empower your salon and spa. By providing efficient financial management and optimizing profitability, you can devote your full attention to what you excel at – delivering exceptional beauty and wellness experiences to your valued clients.
Read ArticleDoes My Small Business Need a CPA?
Learn more about what a CPA can offer to your small business and what they can do to take care of your financial needs. Read our guide to learn when it is the best time to invest in an accountant for your business.
Read ArticleIndustries We Serve: What Can We Do For Your Business?
With our years of experience in the beauty industry, Lightheart, Sanders & Associates understands the specific financial needs of your salon or school. Learn more about how we can help your small business succeed on our blog!
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