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Welcome to

The Learning Center

One of our core values is empowerment through education - it means a lot to us.

The Learning Center was made as a resource for business owners and inquisitive individuals who want to learn more about the current world of taxes and accounting.  If that sounds like you, you're in the right place.

Reach out if you have any questions.  Thanks!

2 min read

Measuring the health of your business

Published on May 12, 2020 by Sean DiMercurio CPA CGMA

When you’re running a business, it’s easy to get caught up in the day-to-day activity and lose sight of the big picture. Taking stock of the health of your business is important. Knowing where you’re allows for more effective planning, early warning about any issues, and the chance to better chart a course for success.

Accounting Running Your Business
2 min read

Keeping your tax and expenses in check when you are self-employed

Published on May 05, 2020 by Sheila Malavet | Last updated on Jul 21, 2021

Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the groundwork for good habits.

Accounting Running Your Business
1 min read

The value of real-time management reporting

Published on Apr 28, 2020 by Sheila Malavet

Improving your financial efficiency requires a clear overview of your key numbers, so you can track your performance and drive improvements.

Accounting Running Your Business
2 min read

Forecasting cash flow

Published on Apr 21, 2020 by Sean DiMercurio CPA CGMA

Cash flow is the lifeblood of your business. And when it comes to cash flow management, preventing cash issues is far easier than trying to solve these issues after the event.

Accounting Running Your Business
1 min read

Cost management and cutting your expenses

Published on Apr 14, 2020 by Sean DiMercurio CPA CGMA

Operational costs will be one of the biggest areas of expenditure in your business. And the more it costs you to produce your products and/or services, the smaller your end profit will be.

Accounting Running Your Business
3 min read

Working from home during the COVID-19 outbreak? It probably won’t save you much on your taxes.

Published on Apr 09, 2020 by Sean DiMercurio CPA CGMA | Last updated on Jul 21, 2021

Even if you always hire a tax preparer to do your taxes for you, you probably know that the most effective way of reducing your tax liability is through deductions and tax credits. Since one of the biggest deductions available is the one taken for home office space, in this strange and disorienting period of isolation due to the COVID-19 pandemic, many workers who’ve been told to work from home are wondering whether they’ll be eligible for that additional tax benefit. Unfortunately, the short answer to that question is probably “no.”

Tax - Individual Tax - Business Coronavirus
2 min read

Self-Employed and Independent Contractors Now Qualify for Unemployment Benefits

Published on Apr 07, 2020 by John Kirkland | Last updated on Jul 21, 2021

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27th by President Trump, includes an unemployment assistance program for individuals who under normal circumstances would not qualify for unemployment benefits, which traditionally have only applied to employees. Under the CARES Act, unemployment benefits are now available for self-employed individuals, independent contractors and others – even some with limited work history – who are unable to work because of the coronavirus emergency.

Tax - Individual Coronavirus
2 min read

Keeping debt low through proactive credit control

Published on Apr 07, 2020 by Sheila Malavet

Having a large amount of debt in your business is bad for cashflow, weakens your overall financial health and brings down your credit score as a business.

Accounting Running Your Business
3 min read

Stimulus Legislation Includes SBA Loan Forgiveness

Published on Apr 03, 2020 by John Kirkland | Last updated on Jul 21, 2021

Among the hardest hit during the coronavirus epidemic are the small businesses that have lost their revenue sources and do not have the financial resources to weather the storm. In this case, the federal government’s SBA (Small Business Administration) Economic Injury Disaster Loan (EIDL) can help a business make it through these trying times.

Tax - Business Coronavirus