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...
by Tabitha Regan, CPA | Jul 11, 2025 | News, Small Business
The H.R. 1: One Big Beautiful Bill was signed into law by President Trump on July 4, 2025. This bill brings long-awaited clarity and permanence to key provisions of the Tax Cuts and Jobs Act (TCJA), while introducing new measures aimed at middle-class families and...
by Laxmi Patel | May 21, 2025 | Accounting, Small Business
For small business owners, financial recordkeeping isn’t just a box to check—it’s the foundation of smart decision-making, tax compliance, and long-term success. Whether you’re running a service-based company, managing an online store, or consulting on the side,...
by Stephanie Nolan | May 13, 2025 | Accounting, Small Business
Pulling monthly financial reports is essential for a small business to succeed. Without them, it’s like a ship sailing with no map. The U.S. Small Business Administration recommends managing your financials with these reports as a regular practice. But it’s easy to...
by Stephanie Nolan | Feb 21, 2025 | Accounting, Featured, News, Small Business
February 19th, 2025 – Atlanta, GA LittleOwl CPA’s founder Tabitha Regan, CPA/PFS, CFP® was interviewed this week by America’s Small Business Network’s Lee Heisman on the hit show The Roadmap, a show aimed at informing small business owners on...
by Laxmi Patel | Jan 8, 2025 | Individual Tax, Small Business, Tax Planning
The Tax Cuts and Jobs Act (TCJA) of 2017 aimed to stimulate economic growth. Key provisions from the TCJA are set to expire on December 31, 2025 that will impact individuals. These provisions include capped deductions for state and local taxes (SALT) at $10,000,...
