by Olga B | Oct 1, 2024 | Blog
A client recently faced a harsh wake-up call: a $50,000 tax bill and an additional $30,000 in penalties and interest from the IRS. It can absolutely happen to you. The issue? They hadn’t collected the landlord’s EIN for a US-based office (landlord is also a US...
by Olga B | Sep 6, 2024 | Blog
Let’s cover what financial KPIs a service business can use to identify problem sources and increase profitability. This is way beyond basics. When a car breaks down, the mechanic can’t diagnose it by just looking at the car. Similarly, a top level Profit...
by Olga B | Jul 7, 2024 | Blog
The startup checklist every founder and VC needs to ensure that major administrative issues are not falling through the cracks. Assess whether you have dealt with all foundational issues and then move on to the next...
by Olga B | May 21, 2024 | Blog
If the word ‘tax’ comes to mind when you think of accounting, you’re wrong. Well, 75% wrong. Taxes are 25% of the CPA license exam, and similarly of all accountants only 25-30% focus on taxes. So what do the other 75% do? Look below for a list of Key Accounting...
by Olga B | May 10, 2024 | Blog
This edition provides tax considerations for reducing oil and gas taxes with the help of Andy Hall, tax manager at Weaver based in Fort Worth, TX. This industry is heavy with fixed and intangible assets, and development, operating and disposal costs. Federal and state...
by Olga B | Apr 29, 2024 | Blog
April is tax season, but let’s be honest, you probably filed an extension. I did. Now, we have 6 months to get our 2023 tax filings right. I have a series of articles planned with super talented tax folks to help you minimize your 2023 tax obligations. This edition...
