Loan Deferral Demystified

Businessman giving contract to woman to sign

When you’re struggling to make ends meet, the last thing you want is to fall behind on your loan payments.  Fortunately, if you do find yourself in a position where you can’t make payments on a loan you’ve taken out, you may be able to defer them. How? Below, we’ll explore the details of loan … Read more

Claiming Crypto: What Your Accountant Will Ask About Your Cryptocurrency Investments

Woman holding two Bitcoins

It’s no secret that cryptocurrencies have been a hot topic in the news lately. So, what do people mean when they talk about “cryptocurrency”? Cryptocurrency is a digital or virtual currency that uses cryptography for security. Cryptocurrencies are decentralized, or not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, … Read more

Small Bookkeeping Partners Offer Benefits That the Big Four Can’t

Small Bookkeeping Partners Offer Benefits That The Big Four Can't | Remote Accounting Experts Blog

Choosing an accounting and bookkeeping firm for your small business is an important step. The right accounting firm can protect and improve your business. Whoever you choose can be your partner in all things money, from payroll and cash receipts to sales tax and internal audits.  So how do you know when you’ve found the … Read more

All About the 2021 Child Tax Credit and Advanced Child Tax Credit Payments

Recently, changes were made to the child tax credit that will benefit many taxpayers. As part of the American Rescue Plan Act that was enacted in March 2021, the child tax credit: Amount has increased for certain taxpayers Is fully refundable (meaning you can receive it even if you don’t owe the IRS) May be … Read more

5 Things Solopreneurs Need to Know

Have you ever heard the term “solopreneur”? It’s one that’s become more common as the shape of work shifts, particularly during and as we exit the COVID-19 pandemic. In business language, a solopreneur is an entrepreneur and a one-person business. In layman’s terms, that means that one person (you) acts as your business’ CEO, employee … Read more