Your Business’s Financial Report Card Just like your personal credit score, your business has a credit score to help you get the best...

You’ve worked hard to get your refund, but there are unfortunately people in the world who commit identity theft.

(Part 2 of Tax Court) Special Note: As of this post, May 19, 2020, Tax Court trials are on hold until July 3rd. In addition, all mail is...

“Why are tax laws so confusing?” We get that question a lot! With all of the different types of businesses, industries, and situations,...

Last week, we talked about individual payment options with the IRS. Today, we talk about payment plan options if you’re a business....

Can you believe it has been a whole week since our last post? While the days seem to go by slowly, it also seems that new developments...

We live in an unprecedented time where we are charting new and unknown waters. As new legislation is introduced and passed, it’s...

With the Coronavirus at the forefront of news channels and more, we want to talk about preparing financially for emergencies. Please...

Welcome to the future where money can be completely digital! When Bitcoin was first introduced in 2009, fractions of pennies could buy...

Have you recently hired your first household employee? Not too long ago, it was normal to have someone to help with simple tasks around...

Happy New Year from Practical Accounting Solutions!

As a business owner, you’ve probably heard the break-even equation countless times. Revenues = Costs, Profit = 0, you get the picture....

ABS is as easy as 1-2-3! Is Activity-Based Costing right for you?

Although tax season is over, Practical Accounting Solutions is still keeping busy! We wanted to give you an exclusive first look at our...

We are proud of our children and we want the very best for them! We support their choices as they grow up and face the world. However, if...

Identity Thieves The IRS was the target of identity thieves for the third time in the past year. Due to these breaches should the IRS put...