Offer in Compromise and the Independent Contractor

“The Offer In Compromise program is sometimes pitched by advertisers as “settle your debt for pennies on the dollar.” Although this term can be a little misleading, the overall message is that a taxpayer can settle their debt with the IRS or…

The Freelancing CPA

“My mission is simple: I just need to save you time, money and your sanity.”

How an LLC Can Make All the Difference

“I will definitely state that if you have two or more business owners involved, that a competent local business lawyer should be involved in creating your LLC, and in drafting your related legal documents.”

Should you incorporate your small business?

This lowering of SE taxes may not really be the best reason to incorporate but often it’s the most visible tax benefit

Never Say Never

“I thought I didn’t want to be an accountant, but as time went on I kept an open mind and after learning more about it, I realized that that is exactly what I wanted to be.”

Taxfyle: Where are you talking to us from?

Digital Nomads United

Adam operates his own CPA firm out of a trailer with his wife and works as a digital nomad. While he travels around the world, he provides accounting and tax services to small business owners, individuals, and other digital nomads. He specializes in helping others navigate the grey area…

The Joy of Tax Refunds

Steven is originally from Oregon and went to College is Missouri. He got his Masters, and then got his CPA while working with an accounting firm. After that, he decided to open up his own business and started his own firm. He plans to move out to the Caribbean soon to work as a CPA there.

Cash is King, Karate, and Good Coffee

“Cash is king, and you must absolutely monitor your cash flow. Starting out, you should know where every single penny is coming from and going.”

Taxfyle: Where are you from?

Crowdfunding Tax: What You Need to Know

“…businesses using crowdfunding need to be careful because in some cases crowdfunding may result in taxable income”

Family First

Abel, the Owner of Ekolu Tax & Consulting, PLLC, has been working as a CPA for three years and working in the industry for six. He works primarily with financial planning, accounting, audits, tax return preparation, and business consulting. He has his Masters in taxation and opened up his own practice…

How to Fix Cash Flow Issues

“Negative cash flow as well as insufficient working capital are major reasons why more than half of small businesses don’t survive past their fifth year.”

Contractors: How to Avoid Penalties

Being caught off guard or surprised by a “balance due” is the sharp pain that everyone wishes to…

Understanding Business in New Orleans

“From an economic standpoint, it is the small businesses that drive the local New Orleans economy.”