Sunday, January 15, 2017



Over the last few years there has been a growing interest in a Single Member Limited Liability Company (SMLLC) as an alternative to the sole proprietorship for the organization and operation of a small business. A SMLLC is an LLC in which a single individual or other entity (called a “member”) owns all of the LLC ownership interest.  READ MORE

Wednesday, December 28, 2016


The charitable donations deduction is generally an itemized deduction on your personal tax return (1040). That means, that unless you spend over $6,300 (for individual) or $12,600 (for married couples filing jointly) you get absolutely no real benefit.  READ MORE

Sunday, June 5, 2016

Deduct Clothing: How To Legally Claim For Taxes

Today we will look at how to deduct clothing expenses on your tax return. The cost and maintenance of your work clothes can be a valid tax write off. The IRS lets you deduct the cost of your work clothes, shoes and protective gear, plus the cost of maintenance such as laundry, dry cleaning, repairs and replacements. READ MORE

Sunday, March 20, 2016

Business Startup Steps

Starting your own business can be overwhelming. We will help you set up your business forming a solid foundation with the major components in place and well-organized from day one. Just follow the business startup steps.

Business Startup Steps: The Checklist

1. Business plan. Formulating a business plan prepares you and your support team for the challenges ahead. It also allows you to stay focused on the larger goals originally planned, so that you stay on course. READ MORE

Wednesday, February 24, 2016

Start A Business On A Shoestring: 10 Vital Tips

Of course, the ideal scenario is to start a business with enough money to enable you to move more aggressively and expand your business faster. But even if you do not have money, that should not prevent you from starting your own business. If you have great idea and a viable business plan, you can use Other People’s Money (OPM) to start a business. Or if you do not have access to OPM, you better learn how to tighten your belt and bootstrap your fledgling business. Remember, while you may not be spending money, you still have to pay with something your time and energy. READ MORE

Thursday, January 7, 2016

Idaho Employee Versus Independent Contractor


15 Ways Idaho Determines an Independent Contractor Versus an Employee

Idaho uses A 15 Part test, to determine if your workers are classified as an independent contractor or an employee. In today’s economy, more companies are trying to outsource much of their work to lesson higher employee wages, employee taxes and general employee issues. However, if you are treating an independent contractor much like an employee, you could be at risk for fines, back owed wages, overtime and of course those employee taxes. Today we will look at factors of an Idaho Employee versus Independent Contractor. READ MORE

Thursday, December 31, 2015

Easy QuickBooks Tips for Making Your Bookkeeping A Breeze

If you are a small business setting up accounting software for the very first time, you will love these five useful QuickBooks tips.

QuickBooks Tip #1: Convert to QuickBooks January 1

Converting to a new accounting system at the beginning of a new year, makes the whole process much easier if you plan on doing everything yourself. READ MORE