AFS Blog
The Importance of Bookkeeping for Small Businesses
Bookkeeping is the backbone of any small business. It’s the process of tracking all your financial transactions—every sale, every expense, every payment. With good bookkeeping, you have the insights you need to grow, sta…
Is it a Business or a Hobby?
It’s your passion, your hobby but also your business. It doesn’t matter what you call it. But does it matter to the IRS?
How to Find the Right Tax Advisor for Your Business
A tax advisor does much more than just file your tax returns—they can help you save money, optimize your tax strategy, and keep you compliant with ever-changing tax laws.
Understanding Capital Gains
If you own investments (such as stocks, a rental property, or even cryptocurrency) or sell an asset you own (such as that art collection you've been curating), it’s crucial to understand how capital gains taxes work so you’re not caught off guard when tax season rolls...
Which Retirement Account is Best For You?
Retirement planning. You may not want to think about it, but setting up the right retirement account can be one of your smartest financial moves, especially if you are a small business owner. Unlike an employee who might have access to a 401(k), you’ve probably...
Tax Planning vs. Tax Strategy: What’s the Difference?
Taxes can have a major impact on your financial and investing plans. Planning out your taxes before filing and having a strategy can change how much you end up paying (or getting back) when you file on tax day.
Understanding and Complying with the Corporate Transparency Act
Introduction The business landscape is continually evolving, and with it, the regulatory requirements that govern corporate operations. At Accent Financial Services, we are keenly aware of the significance of these changes, especially with the introduction of the...
The Bedrock of Your Business: Set-Up and Maintenance Of Entities
As the President of Accent Financial Services, I’ve seen my fair share of success stories—a flourishing enterprise emerging from a mere spark of an idea. However, alongside these tales of triumph, I've witnessed scenarios that could have easily been avoided had the...