by FWN Accounting | Jun 2, 2023 | News
Are you a small business owner struggling to keep up with your finances? One of the most important decisions you can make is choosing the right accounting method. It can be overwhelming to decide which one is best for you. But don’t worry, we’re here to...
by FWN Accounting | May 26, 2023 | News
The Atlantic Hurricane season begins June 1st and many of our clients are reaching out to us to see what they can do to be prepared. Hurricanes, fires, floods, tornadoes, and other severe weather can cause damage to your home or business. Disasters can happen to...
by FWN Accounting | May 21, 2023 | News
You’ve filed your tax returns and they’ve been accepted. Now what? Your tax return and all supporting documentation are lying in a pile on your desk. If you’re tempted to just put them in a paper bag and store them under your desk or in the attic. Don’t. Our...
by FWN Accounting | May 11, 2023 | News
Many of our clients look for ways to supplement their income. Is it a hobby or a business? Sometimes it’s unclear whether you are a hobbyist….or a business owner. This post from the IRS will help to explain the IRS businesses vs hobby rules. From the IRS:...
by FWN Accounting | May 1, 2023 | News
Our clients get very nervous when they receive letters from the IRS. It’s best not to panic, this post shares information from the IRS as to what you should do, if you receive official correspondence. From the IRS: When an IRS letter arrives, taxpayers don’t...