Garbage In, Garbage Out (GIGO) vs. Useful Advice For Success

Imagine trying to build a piece of furniture from rotted wood or trying to run a race the morning after consuming nothing but Oreos and Mountain Dew… When garbage is the foundation of your end product, then you end up with a horrible result. Inaccurate, incomplete, or biased information will adversely affect your business decisions, …

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Charitable Donations: Do Good While Reducing Your Tax Bill

Thinking about making donations to a charity or nonprofit before the end of the year? There are a few things to keep in mind in terms of eligible deductions and documentation you should have in the event of an audit.

The Three Martini Lunch Rule

Did you know that the Three Martini Lunch Rule ends on January 1, 2023? 🍸🍸🍸 A benefit from the The Consolidated Appropriations Act, 100% of restaurant meals have been temporarily deductible since 2021, ending in 2023 when we’ll return to having both 50% and 100% deductible meals. What’s the difference between the two for your …

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The Tax Bracket Myth

“I don’t want to make an extra $2,000 because that will put me into the next tax bracket and cost me more.” We hear this same refrain every year around tax time. It seems just as many people believe this tax bracket myth as do people who believe in the Loch Ness Monster (which is …

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