by Stapley Accounting | Jun 17, 2025 | Business
Many business owners take an informal approach to controlling costs, tackling the issue only when it becomes an obvious problem. A better way to handle it is through proactive, systematic cost management. This means segmenting your company into its major spending... by Stapley Accounting | Jun 12, 2025 | Uncategorized
Stock, mutual fund and ETF prices have bounced around lately. If you make what turns out to be an ill-fated investment in a taxable brokerage firm account, the good news is that you may be able to harvest a tax-saving capital loss by selling the loser security.... by Stapley Accounting | Jun 10, 2025 | Business
Today’s companies have several kinds of tax-advantaged accounts or arrangements they can sponsor to help employees pay eligible medical expenses. One of them is a Health Reimbursement Arrangement (HRA). HRA | Health Reimbursement Arrangement | Employee Benefits Under... by Stapley Accounting | Jun 5, 2025 | Uncategorized
If you inherit assets after a loved one passes away, they often arrive with a valuable — but frequently misunderstood — tax benefit called the step-up in basis. Below is an overview of how the rule works and what planning might need to be done. What “basis” means... by Stapley Accounting | Jun 3, 2025 | Business
At first glance, the word “concentration” might seem to describe a positive quality for any business owner. You need to concentrate, right? Only through laser focus on the right strategic goals can your company reach that next level of success. In a business context,... by Stapley Accounting | May 27, 2025 | Business
Small to midsize businesses have valid reasons for incorporating, not the least of which is putting that cool “Inc.” at the end of their names. Other reasons include separating owners’ personal assets from their business liabilities and offering stock options as an... by Stapley Accounting | May 22, 2025 | Uncategorized
Once your 2024 tax return is in the hands of the IRS, you may be tempted to clear out file cabinets and delete digital folders. But before reaching for the shredder or delete button, remember that some paperwork still has two important purposes: Protecting you if the... by Stapley Accounting | May 20, 2025 | Business
Like many business owners, you’ve probably received a lot of technology advice. One term you may hear frequently is “tech stack.” Information technology (IT) folks love to throw this one around while sharing their bits and bytes of digital wisdom. Well, they’re not... by Stapley Accounting | May 15, 2025 | Uncategorized
Tuesday, April 15 is the deadline for filing your 2024 tax return. But another tax deadline is coming up the same day, and it’s essential for certain taxpayers. It’s the deadline for making the first quarterly estimated tax payment for 2025 if you’re required to make... by Stapley Accounting | May 13, 2025 | Business
Financial statements can fascinate accountants, investors and lenders. However, for business owners, they may not be real page-turners. Why Are Financial Statements Important for Business Owners? The truth is each of the three parts of your financial statements is a...
