by Allison Chaumont, CPA | Oct 30, 2025 | Uncategorized
Key TakeawaysKeep every contractorâs Form W9 on file before the first payment. If your contractor wonât give you a W9, follow the three-step written request process to prove due diligence. Use the IRS TIN Matching tool before filing your 1099s to verify...
by Allison Chaumont, CPA | Oct 22, 2025 | Uncategorized
Quick Summary: Could Changing My Business Entity Mean Smarter Profits?If youâre a Sole Proprietor or single-member LLC, youâre likely paying a hefty 15.3% Self-Employment (SE) tax on 100% of your profit. Electing S-Corp status splits your income between...
by Allison Chaumont, CPA | Oct 15, 2025 | Uncategorized
Quick Summary: What Smart Accounting For Small Businesses Looks Like In 2025Call your CPA/tax advisor before making financial moves to avoid missed deductions or costly surprises⊠and ask your bookkeeper to prep clean, current numbers so that advice is...
by Allison Chaumont, CPA | Oct 7, 2025 | Uncategorized
âWith organization comes empowerment.â âLynda Peterson Quick Answers: Can I Put Personal Money In My Business Account?If you put personal money into your business account, it must be recorded correctly (as an ownerâs contribution, not business...
by Allison Chaumont, CPA | Sep 23, 2025 | Uncategorized
Quick Answers: Whoâs the Best Accountant to Help My Business Grow? The âperfectâ accountant doesnât exist. But the right fit for your business growth does. Look for an accountant who understands your industry so they donât miss critical savings...
