Maximizing Benefits with an HSA Plan: Why Every Taxpayer Should Utilize Their HSA with a High Deductible Health Plan
Discover why utilizing an HSA with a high deductible health care plan is a smart financial move. Learn about the tax benefits, including tax-deductible contributions, tax-free growth, and tax-free withdrawals. Explore how unused funds can benefit your child's IRA. Schedule a discovery call with Torino Accounting Group to maximize your tax savings with over 80 effective tax reduction strategies.
QuickBooks Training for Small Business Owners
Empowering you to manage your finances with confidence. Learn how to avoid unnecessary bookkeeping costs and gain control over your financial health with expert guidance and ongoing support.
How to Find a Bookkeeper: A Helpful Guide for Small Business Owners
Finding the right bookkeeper is essential for maintaining your small business's financial health. Whether you're a startup or an established business, this guide walks you through the steps to identify a skilled bookkeeper, from understanding key qualifications to knowing where to search. Ensure your business stays on track with the right financial expertise.
Deductible Meal and Travel Expenses in 2024: What You Need to Know
This blog explores the updated guidelines set by the IRS regarding deductible expenses, including meals during business travel and entertainment costs. Understanding these rules is essential for individuals and businesses to maximize tax benefits while ensuring compliance with current regulations.
Effective Password Management for Small Business Owners: Secure, Organize, and Protect Your Data
In the digital age, managing passwords efficiently is crucial for small business owners. This blog explores why using a password manager like 1Password can enhance your business's security, improve efficiency, and ensure compliance. Discover the benefits of robust encryption, secure sharing, and centralized control, and learn how Torino Accounting Group can help implement these solutions to optimize your operations and finances.
Why Every Small Business Owner Should Have a CPA Tax Advisor (and not just a bookkeeper)
Discover why every small business owner needs a CPA tax advisor and not just a bookkeeper. Learn how strategic tax planning, compliance, and audit support can save you money and help reinvest in your business for future growth.
How to Read Financial Statements: A Guide for Small Business Owners
As a small business owner, understanding your financial statements is crucial for making informed decisions that drive your business's success. Financial statements provide a snapshot of your company’s financial health and performance, helping you understand where your money is coming from, where it’s going, and how you can manage it better.
How Start-Up Companies Can Provide Equity in Lieu of Cash Payments for Vendor Services
How to navigate issuing equity in lieu of cash payments for vendor services
Why Non-CPA Owned Bookkeeping Firms May Fall Short in Service and Value
Be cautious of overpriced and underqualified outsourced accounting companies
A Comprehensive Guide to Preparing for Your 2024 Tax Returns
Tips and tricks to reducing stress and saving time when it comes to your 2024 tax returns