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

Are you claiming all your business expense deductions?

5 Tips to Success We understand - payroll can be confusing! As a small business, it can easily become overwhelming to manage your...

The Employee Retention Credit can give you immediate access or advance payment from the IRS.

One of the best parts of our job is the chance to play “detective” and find the best deductions and credits that can save you money!

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...

Is this you when you hear the work Tax Court? Never fear, Practical Accounting Solutions is here! Let’s talk Tax Court! First, what 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...

Some say 7 is a lucky number. Today, we talk about 7 deductions you may not have been familiar with! Here at Practical Accounting...

Happy New Year from Practical Accounting Solutions!

Have you thought about your nest egg? No, we’re not talking about birds! We’re talking about the money you’ve set aside for your...

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

Many of our clients remember the days when children were given a nickel to stop by the donut or candy shop on the way home. It was easier...