What is a Multi-Member LLC?

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In today’s episode, we’re going to cover everything you need to know about Multi-Member LLCs (Limited Liability Companies). We’ll discuss the benefits of this business structure, potential drawbacks to look out for, and taxation requirements for multi-member LLCs and their owners. Whether you’re just starting out, or you just want to know more about your…

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Tax Planning Tips for Business Owners: Mid-Year Review

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As a business owner, July is an ideal time to review your tax situation and implement strategies to minimize your tax burden. Effective tax planning can lead to significant savings and help ensure the financial health of your business. Here are some key strategies to consider:   Ensure Proper Withholding and Estimated Payments One of…

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Having Trouble Managing Cash Flow for Your Business?

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Cash flow is the lifeblood of any business, but for small businesses, managing cash flow effectively can be particularly challenging. In today’s episode, we’ll explore the common causes of poor cash flow management and discuss practical strategies to fix these problems. Watch on YouTube: https://youtu.be/BUiyj6exDLM

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The Growing Importance of ESG Reporting in Corporate Accounting

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ESG (Environmental, Social, and Governance) has become a buzzword in recent years as businesses increasingly recognize the need to go beyond financial metrics to assess their overall performance. In this episode, we’ll explore how companies are incorporating ESG factors into their financial reporting, the challenges and benefits associated with this integration, and the crucial role…

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Here’s Why No One Wants an Accounting Degree

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The decline in enrollment for undergraduate accounting programs in the U.S. has been a cause for concern, with a recent AICPA survey revealing an 18.3% drop in new graduates with accounting degrees from 2016 to 2022. Listen now to learn why this is happening, and how we can fix it! Watch on YouTube: https://youtu.be/E_4YoQYqSf8 Link…

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