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5 best small business deductions for 2021

5 best small business deductions for 2021

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

Hopefully, the light at the end of the tunnel will continue to brighten. For many small business owners, getting through economic pain of the pandemic is still an uphill climb. More than any other year, lowering your taxable income is a big priority. As a business...
This tax season doesn’t have to bog down your small business

This tax season doesn’t have to bog down your small business

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

Preparing taxes as a business owner is tough every year. The very thought of tax season is enough to make you feel a little uneasy, especially after a year unlike any other.   Yet, with a few simple tricks, you can gain a sense of confidence and feel at ease when...
5 essential tax tips for small business leaders

5 essential tax tips for small business leaders

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

As a small business leader, you know the pain all too well. So many businesses closed their doors for longer than expected. In some situations, businesses shuttered indefinitely.   While the pandemic’s financial ramifications vary from business to business,...

QuickBooks Online – New Features

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

You said it, we listened and Intuit took action! If your an existing QuickBooks Online customer, this will only add value to the application you already use. If you’re using desktop or another software solution altogether and haven’t considered QBO in the...
Get Ready for 2016: QuickBooks Can Help

Get Ready for 2016: QuickBooks Can Help

by 5 Star Accounting & Business Solutions LLC | Accounting

We’ll be ringing in the New Year soon. Will you have wrapped up your 2015 finances by then? There’s something very satisfying about turning our calendars to January. It always feels like a fresh start. We resolve to develop new, better ways of using our work and...
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Recent Posts

A Checklist for Roseville Business Owners: What Do I Need to Bring to My Tax Appointment?

 Key Takeaways Personal and business identification details, including Social Security numbers and business IDs Complete income records Documentation that supports deductions, credits, and major purchases New forms and records required for the...

What’s The Last Date For Employers To Send Out W-2 & 1099 Forms to Roseville Employees?

Key TakeawaysW-2s and 1099-NECs must be sent to workers by February 2, 2026 (for the 2025 tax year). Those same forms must also be filed with the government by February 2, 2026, whether you file electronically or on paper. If you file 10 or more total...

How Many KPIs Should You Have For Your Roseville Business?

Key TakeawaysYou only need 5–9 true KPIs for effective 2026 planning. KPIs should connect directly to a specific financial or strategic goal. Too many KPIs dilute focus and slow decision-making. The right KPIs help you act earlier, not just analyze...

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...

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