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Underestimating Expenses & Overestimating Profit: A $10,000 Bookkeeping Mistake

Underestimating Expenses & Overestimating Profit: A $10,000 Bookkeeping Mistake

by Blessing Obasuyi | Jul 29, 2026 | Accounting, Small Business

As a business owner, you rely on your financial statements to make important decisions. Whether you’re applying for a loan, setting prices, hiring employees, or planning for taxes, the numbers in your books should tell the true story of your business....
When to Start Drawing Social Security (Considering Three Major Updates in 2025)

When to Start Drawing Social Security (Considering Three Major Updates in 2025)

by Blessing Obasuyi | Dec 30, 2025 | Individual Tax

Deciding when to start drawing Social Security is one of the most important financial decisions retirees faces, especially in 2025, as several policy shifts and economic factors are reshaping the landscape. At a glance:   Individuals can start drawing social...
Top 8 Factors to Consider When Married Filing Separately

Top 8 Factors to Consider When Married Filing Separately

by Blessing Obasuyi | Aug 19, 2025 | Individual Tax, Tax Planning

While Married Filing Jointly (MFJ) is often the default for married couples, there are strategic scenarios where Married Filing Separately (MFS) can offer distinct advantages especially for earners managing complex financial portfolios, risk exposure, or long-term...
Cash vs. Accrual Accounting: What Every Business Owner Should Know

Cash vs. Accrual Accounting: What Every Business Owner Should Know

by Blessing Obasuyi | Jul 22, 2025 | Accounting, Small Business

If you’re a small business owner trying to understand your finances, you’ve probably heard the terms cash basis and accrual basis thrown around. But what do they really mean? This blog breaks down the cash vs. accrual common arguments in everyday language so you can...
4 Major Changes to Retirement in 2025

4 Major Changes to Retirement in 2025

by Blessing Obasuyi | Jul 9, 2025 | Family, Individual Tax, Tax Planning

The new 2025 retirement rules have changed the landscape for those hoping to retire in the next ten years. If you’re planning to retire, now is the time to pay attention to the 2025 retirement contribution limits, age changes, and latest updates to tax policies. Let’s...
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  • Underestimating Expenses & Overestimating Profit: A $10,000 Bookkeeping Mistake
  • How Inherited Assets Are Taxed
  • S-Corp Owner Salary vs. Distribution: A Simple Way to Save on Taxes
  • Should You Convert a Traditional IRA to a Roth IRA?
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