Author name: yen@bascexpertise.com

You don’t need an accounting degree or an hour of free time to keep your books in decent shape. You need one habit, done consistently, for about fifteen minutes a month. Here’s exactly what it looks like. The habit: A monthly mini-review Once a month — same time every month works best, like the first […]

We get asked this question constantly: “Should I switch to an S-Corp to save on taxes?” And the honest answer is — maybe, but not always, and definitely not without doing the math first. Let’s talk through it like actual humans instead of tax jargon. What’s the appeal of an S-Corp, anyway? The big draw

Be honest with yourself for a second: when’s the last time you actually looked at your tax situation? If the answer is “sometime around April,” you’re in the same boat as most small business owners — and that’s completely normal. But August is actually a really good time to check back in, before the year

If you’ve ever tried to Google “Arizona sales tax” and ended up more confused than when you started, welcome to the club. Arizona doesn’t technically have a “sales tax” — it has something called Transaction Privilege Tax, or TPT. And yes, it’s basically sales tax with a different name and a few extra wrinkles. Let’s

Okay, real talk for a second. If you’re a small business owner or self-employed and you just found out there’s another tax deadline coming up in September, I get the panic. You’re not alone, and no, the IRS isn’t just inventing new ways to bug you. Let’s break this down like I would if we

Freelancers and independent contractors are the most overtaxed group of earners in America. These are the deductions and strategies that shift the balance back in your favor. As a freelancer or independent contractor, you are running a business whether or not you think of yourself that way. You are responsible for your own income taxes,

Nothing stings quite like a big tax bill in April when you thought you were doing fine. Let’s fix that. If you’re self-employed, run your own business, or have income that isn’t subject to withholding, quarterly estimated taxes are part of your financial life. But a surprising number of business owners either don’t know about

We totally get why people try to handle their own books at first. But there’s a point where it starts costing more than it saves. When you start a business, doing your own bookkeeping makes complete sense. You’re watching every dollar, you’re learning how your finances work, and you don’t have the budget to outsource

A lot of business owners come to us thinking their books are fine. Then we dig in. Here’s what we usually find. There’s a version of bookkeeping that looks fine on the surface but is quietly creating problems underneath. We see it regularly with businesses that have been managing their own books for a while,

If you’re selling online and shipping to different states, there’s a good chance you have a sales tax obligation you don’t even know about. Sales tax used to be pretty straightforward for small businesses. You had a shop, you knew what state you were in, and you collected sales tax from your local customers. Easy.