Tax Season | CFO Source
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What Tax Deductions are Available to my Small Business?

Tax season is coming up, which means it’s time to get your business’s financial accounting for 2019 in order. Deductions are important for small businesses to make, as they can lower tax dues and improve your return. But what deductions are available for you to make this tax season? Take a look at our list […]

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Ongoing Tax Preparations to Start Now

Tax season might be a few months away, but preparations for your business taxes shouldn’t wait until the last minute. In fact, savvy professionals utilize ongoing tax preparations to ensure perfect compliance. Here are a few ways you can get your business finances together now to ensure you’re ready for tax time. Keep Track of […]

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Tax Preparations for Your Small Business

Taxes can be complicated whether they’re for your business or for your personal finances. Knowing how to approach them and where you can save is going to have a huge impact on your business. So, let’s take a look at how you can approach your tax preparations this year. Let’s Get Organized Before you can […]

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Use a Tax Planning Service to Save Money at Tax Time Next Year

Do you feel like taxes put a major burden on your business each year? Whether it be the financial burden, or the burden of stress that comes each spring as taxes are prepared and filed, using a tax planning service can help minimize that burden for your business. What are the benefits of a tax […]

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Year-End Business Tax Review

Taxes give individuals and businesses anxiety every year. Filing taxes can be complicated, confusing, and overwhelming. If you own a business, taxes can be especially complicated, but by creating a year-end tax review you can organize your tax documents and head into the new year feeling confident. Document Preparation Towards the end of the year, […]

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Understanding a Federal Tax Lien

Taxes put stress on everyone, whether it be filing taxes or paying them, the whole process can be stressful for many people. In some cases individuals are unable to pay their taxes, whether it be entirely or in part. In these cases the government can put a lien on your assets, as collateral against the […]

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What is New on my Taxes in 2017?

It is that time of the year again: tax time. Every year Americans gear up for tax season starting in January, to be ready to submit their taxes by April. Each year the government releases new tax laws and deductions, often making tax time more complicated and confusing for people around the United States. But […]

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Tax Considerations When Your Business Grows

Is your business quickly growing? First, congratulations on the success of your business. Now, what are you going to do about the tax side of your business growth? As your business grows, your taxes will change as well—so be sure to keep in mind these tax considerations. When to Incorporate One question we hear from […]

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When to Start Your Maryland Tax Preparation

As a business owner, you may wonder when to start working on your tax preparation. If you’re like a lot of other business owners, you may even wait until the very last minute to being preparing your taxes. This is a big mistake. The time to start working on your tax preparation is now. When […]

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Qualifying for the Business Use of Home Deduction

Whether you are a business owner using home as your work space, an employee who works from home or someone who sees and serves clients at home, you may qualify for the business use of home deduction. It’s one of the deductions many home-based businesses forget about or simply don’t take the trouble to claim, […]

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What Our Clients Say...

"We struggled for several years with high turnover in our bookkeeper position, which resulted in missed billings and duplicate payments. Craig Kershaw was able to locate a high caliber person who quickly took over the accounting and is now helping to expand the business into new markets. I no longer worry about whether my accounting is being done properly."

-Bryant Brambeck, Owner, Liberty Emblem Company

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