Michelle Barrera CPA, Michelle Barrera Fiscal Year-End At the end of any business fiscal year, businesses of all sizes turn their attention to a crucial aspect of financial management: tax planning. Understanding and maximizing tax deductions can lead to ... Tax May 7, 2024
Michelle Barrera CPA, Michelle Barrera The Bedrock of Business Success In the fast-paced world of business, every decision counts. From strategic investments to day-to-day operations, accuracy and efficiency are paramount. At Michelle Barrera CPA, we believe that accurat... Accounting Small Business Tax May 7, 2024
Michelle Barrera CPA, Michelle Barrera Step-by-Step Guide for Reconciling Accounts in QuickBooks Online Introduction Account reconciliation is a critical financial activity that ensures the accuracy of your financial records. It involves comparing transactions recorded in your accounting software with y... Accounting Small Business Dec 20, 2023
Michelle Barrera CPA, Michelle Barrera Should You Hire a Tax Professional? Tax season is upon us, and for many, it's a time filled with stress and confusion. Whether you're an individual taxpayer or a business owner, you may be wondering if hiring a tax professional is the r... Accounting Small Business Tax Dec 13, 2023
Michelle Barrera CPA, Michelle Barrera Exclusions on Home Sales Introduction Selling a home is a significant financial decision that comes with its own set of complexities, especially when it comes to tax implications. One of the most intricate aspects to understa... Tax Dec 6, 2023
Michelle Barrera CPA, Michelle Barrera Cleaning Up Your Accounting Backlog Introduction Are you overwhelmed by the backlog of unkept accounting records piling up in your business? Maintaining clean and accurate financial records is crucial for any successful enterprise. Not ... Accounting Small Business Nov 22, 2023
Michelle Barrera CPA, Michelle Barrera Understanding the Electronic Federal Tax Payment System (EFTPS) Introduction The Electronic Federal Tax Payment System (EFTPS) is a crucial tool for both individual taxpayers and businesses. Designed to streamline the tax payment process, this system offers a conv... Tax Nov 15, 2023
Michelle Barrera CPA, Michelle Barrera Understanding Owner Investments & Distributions in an S-Corp Introduction : When it comes to managing the finances of an S-Corporation, understanding the nuances of owner investments and shareholder distributions is crucial. These transactions not only affect t... S-Corps Small Business Tax Nov 11, 2023
Michelle Barrera CPA, Michelle Barrera A Tax Guide for Nannies & Household Employers Introduction Understanding tax responsibilities can be a daunting task, especially when it comes to household employment. This blog post aims to demystify the tax obligations for both nannies and thei... Tax Nov 8, 2023
Michelle Barrera CPA, Michelle Barrera Navigating the FL Homestead Exemption Introduction Owning a home comes with its own set of responsibilities and benefits. Among the perks are several tax advantages, one of which is the Homestead Exemption. In this blog post, we'll dive i... Tax Nov 1, 2023
Michelle Barrera CPA, Michelle Barrera Journeys with the Small Business Expo The journey of a business is filled with continuous learning, networking, and opportunities. Just earlier this year, I had the pleasure of attending the Small Business Expo in Orlando, Florida back on... Small Business Sep 28, 2023
Michelle Barrera CPA, Michelle Barrera Beginning to Unlock Wealth Imagine a life where our beliefs about money act as empowering tools, propelling us towards financial success! Sounds ideal, right? The truth is, this isn't just a lofty ideal! It is entirely achievab... Mindset Small Business Sep 15, 2023