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Small Business Tax Advice and Survival Guide

Small Business Tax Advice and Survival Guide

by 5 Star Accounting & Business Solutions LLC | Business, Tax

Tax season comes to all businesses big and small, and can be a headache no matter how well you think you’ve prepared. For a small business owner wearing many (or all) hats in the business, it’s an unwelcome extra task sure to cause late hours and frayed nerves. To...
Should I consider hiring a partner?

Should I consider hiring a partner?

by 5 Star Accounting & Business Solutions LLC | Business

Running your business requires a lot of energy. It also may demand a lot of time, some of it spent alone. These factors can lead to burn out, the last thing you need as you build momentum and grow your business into what you’ve always envisioned.   If the...
We’re hiring (all the time). Why doesn’t anyone stay?

We’re hiring (all the time). Why doesn’t anyone stay?

by 5 Star Accounting & Business Solutions LLC | Business

Employee movement is not uncommon. New opportunities, a desire for a new challenge or a new city may be some of the reasons why offices see regular turnover.   What’s also all too common, unfortunately, is staff turnover stemming from employee dissatisfaction....
Taxpayers can follow these steps for using the Withholding Calculator on IRS.gov

Taxpayers can follow these steps for using the Withholding Calculator on IRS.gov

by 5 Star Accounting & Business Solutions LLC | Accounting, Business, Tax

The IRS encourages everyone to use the Withholding Calculator to do a Paycheck Checkup, which is even more important this year because of tax law changes. Taxpayers who haven’t yet done this can follow the steps below for using the calculator.   Results from the...
IRS Get Ready campaign — take steps now for 2019 tax filing season

IRS Get Ready campaign — take steps now for 2019 tax filing season

by 5 Star Accounting & Business Solutions LLC | Accounting, Business, Tax

There are important changes that you need to know before the 2019 filing season begins. The IRS is launching the fall series of “Get Ready” communications and outreach messages to help you take action to file your tax returns timely and accurately next...
What costs should I consider if I start a new business?

What costs should I consider if I start a new business?

by 5 Star Accounting & Business Solutions LLC | Accounting, Business, Tax

Building a successful business model is largely tied to making the right decisions. In order to succeed, new entrepreneurs must carefully consider the costs of launching their life-long dream business. Because the universal truth in business is that money is needed to...
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Season’s Greetings From 5 Star Accounting & Business Solutions LLC

Season’s greetings from the 5 Star Accounting & Business Solutions LLC team. For you and me both, this week can feel like a blur – balancing the holiday rush with the administrative wrap-up of the year.And while it’s rather fast-paced here at 5 Star Accounting &...

What Are The Year-End Tax Moves to Make Now For Roseville Business Owners?

Key TakeawaysIt’s not too late to create meaningful savings with these year-end tax moves to make now, but your options are very timing-sensitive. Low-cost, in-stock equipment and supplies are the most realistic last-minute purchases that can still be deducted...

Big Beautiful Bill Details Roseville Business Owners Might Have Missed

(Disclaimer: These are things you want to be discussing with your tax professional more in-depth, so you’re making a plan that’s right for your business.)Key Takeaways The more favorable EBITDA-based business interest deduction limit is back for your 2025...

What Payroll Checklist Steps Do Roseville Business Owners Need to Complete for Clean Data?

Key TakeawaysFocus on data integrity. Ensure payroll wages, taxes, benefits, and GL postings are clean, consistent, and reconciled. Your tax preparer depends on one crucial “three-way match”: W-2 totals, Form 941 totals, and the General Ledger wage expense should...

Genevieve Maiorana’s Perspective: What Are The Most Important Cybersecurity Measures for Small Businesses?

Key Takeaways Create a written data protection policy. Every employee should know the rules for handling sensitive data. Back up data regularly with secure cloud services or encrypted physical backups. Encrypt everything so stolen data is useless to...

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