small business accounting

If you own a nonprofit organization, it’s imperative that you’re informed on your tax-exempt status and what it means. This is important for the health of your organization, as well as the finances of your dedicated volunteers. If you’re new to the nonprofit world, you may benefit from these crucial tax tips from your small […]

If you are a small business owner who owes back taxes, you might feel quite overwhelmed. You may be avoiding the IRS or hoping they won’t notice. Rest assured, even if they leave you be for a while, eventually, they will come for your payment, with penalties and interest to boot. If you are worried

This time of year, small businesses are concerned about their taxes. Spring can be a time of great anxiety when you own a business because taxes are complicated. If you are a small business owner who is feeling a sense of dread when it comes to filing your taxes, here’s why a local professional accountant

If you are considering getting an extension to file your taxes, it isn’t complicated, and for some small business owners, it makes sense. However, there are downsides to this arrangement, so it’s best to make this decision as thoughtfully as possible. Here is some information on filing for a tax extension which may be helpful

Many business owners wonder whether or not they can deduct the cost of food and drink when meeting with clients or traveling for business. The answer is yes, you can deduct business-related meals; however, it isn’t as simple as that. With the Tax Cuts and Jobs Act (TCJA), business deductions for “entertainment, amusement, and recreation”

At BASC Expertise, we have provided small business accounting services in Gilbert since 2001. Because of our many years of experience, we are familiar with all the ins and outs of running a small business. To ensure the success of your company, it’s imperative that you hire a knowledgeable accountant for your team. Here’s why.