4 min read
Unwrap the New Tax Rules for Charitable Donations
The holiday season is right around the corner, and that's when many charitably inclined people start to think about year-end donations to their...
Small Business Blog
Accounting and payroll resources for small business owners.
Easily filter through articles and find what you want to learn below.
Valuable Business Articles & Updates
6 min read
What Your Balance Sheet is Telling You—and Why it Matters
Let’s face it: most small business owners avoid reviewing financial statements because they don’t find them exciting. Like many entrepreneurs, you...
2 min read
IRS to Eliminate Paper Checks: What It Means for Taxpayers
A significant shift is underway in how the federal government will deliver some tax refunds and benefit payments. Starting September 30, 2025, paper...
7 min read
Why You May Want to Rethink Your Deduction Strategy in 2025
As we approach the end of 2025, it's time to evaluate your year-end tax planning strategies. One important decision is whether you'll claim the...
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6 min read
5 Consequences of Withdrawing from a 401(k) Early
Running a business takes guts, grit, and a strong stomach for surprises. Sometimes those surprises come in the form of unexpected expenses or a cash...
6 min read
How to Switch Payroll Providers: A Step-By-Step Guide
Switching payroll providers often overwhelms business owners. Delayed paychecks, missed tax filings, or shaken employee confidence all feel like real...
6 min read
What's the Value of Having Accounting and Payroll Under the Same Roof?
Imagine you own a growing business. You’ve got one company handling payroll and another handling accounting.
4 min read
3 Ways Monthly Accounting Helps Professional Service Businesses
Imagine this: You're juggling client deadlines, managing your team, fielding last-minute questions, and somewhere in the chaos, receipts are piling...
8 min read
5 Tax Deductions Restaurant Owners Often Overlook
Imagine you’re plating a perfect dinner: carefully seasoned, beautifully arranged, ready to impress. Now imagine watching a third of it get scraped...
5 min read
What Happens if I Fall Far Behind on Bookkeeping?
Falling behind on bookkeeping isn’t something most business owners plan to do. It just sort of happens. One missed week turns into a missed month....
6 min read
What is a Schedule K-1?
You open your mailbox and spot something that looks official—an IRS form labeled “Schedule K-1.” You’ve never seen one before, and suddenly your tax...
6 min read
Sole Proprietorship vs. Partnership vs. S-Corp: Which Business Structure is Right for You?
When starting or growing a business, one of the most important decisions you’ll make is how to structure it.
5 min read
No Tax on Some Tips or Overtime? What These New OBBB Rules Mean for Your Business
The One Big Beautiful Bill Act (OBBB) introduced a wave of tax code changes aimed at supporting small businesses, simplifying compliance, and...
6 min read
What's a Business Owner Tax Preview?
Tax time shouldn’t feel like a surprise party that ends with the IRS handing you the bill.
6 min read
The Hidden Costs of Filing a Tax Extension — And How to Avoid Them
Filing a tax extension seems like an easy way to buy time, right? But for small business owners, it can quietly cost more than you expect.
2 min read
Businesses Can Strengthen Their Financial Positions with Careful AP Management
Running a successful business calls for constantly balancing the revenue you have coming in with the money you must pay out to remain operational and...
6 min read
Top 5 Questions Smart Business Owners Ask Their Accountants
As a business owner, you already wear too many hats. One minute you're solving staffing issues, and the next you're figuring out how to keep the cash...
5 min read
Individual Tax Credits You Can't Afford to Overlook
Tax credits are the most valuable tax breaks available. Each dollar of credit equals a dollar of tax savings. By comparison, if you're in the 32%...
2 min read
Four Ways That Family Business Owners Can Transfer Their Wealth
Many family business owners reach a point in their lives when they start thinking about not only their own retirements, but also their families'...
2 min read
How Can Your Business Set the Stage for Organic Sales Growth?
For businesses looking to reach the next level of success, there’s no bigger star than organic sales growth. Simply defined, this is achieving an...
3 min read
Crypto May Be Cool, But It's Not Tax-Free
The popularity of cryptocurrency — including Bitcoin, Ethereum and Dogecoin — continues to hold steady, if not grow. But no matter how cool crypto...
5 min read
How the One Big Beautiful Bill Act Affects Small Businesses
If you own a small business, the so-called One Big Beautiful Bill Act is going to affect you.
5 min read
How TMA Determines Monthly Pricing for Accounting, Tax, and Payroll Services
Let’s face it—when it comes to accounting, taxes, and payroll services, most small business owners are flying blind when trying to budget. Pricing...
4 min read
How to Grow a Small Business: 5 Accounting Mistakes to Avoid
Growing a small business can feel like a dream coming true.
6 min read
Best Restaurant POS Systems Compared: Toast, Clover, and Square
Running a restaurant is exciting, but it’s not easy. On any given day, you’re juggling orders, staff, inventory, payments, and maybe even a few...
5 min read
8 Questions to Ask When Shopping for a New Accountant
Imagine this: It’s late February, and tax deadlines are right around the corner. You email your accountant—again—asking for clarity about a deduction...
5 min read
3 Ways Accountants Help Small Businesses Beyond Tax Time
If the only time you hear from your accountant is in March or April, you might be missing out on the best part of the relationship.
5 min read
How Often Should You Check Your Financial Statements?
Running a small business is hard enough. Between managing employees, keeping customers happy, and juggling the day-to-day, it’s easy to let financial...
2 min read
TMA Named PASBA’s Large Firm of the Year—Here’s What That Really Means
At the May 2025 conference of the Professional Association of Small Business Accountants (PASBA), held at the Opal Sol Resort in Clearwater, Florida,...
2 min read
Business Owners Can Rest Easier with Sound Cash Flow Management
Slow cash flow is one of the leading causes of insomnia for business owners. Even if sales are strong, a lack of liquidity to pay bills and cover...
6 min read
What's the Difference Between Profit and Distributions?
Many small business owners see a healthy profit on their books and assume they can take that money home right away. But it’s not that simple. There’s...