The 2021 tax season is at an end for many Americans, because April 18th marked the last day to file a 2021 tax return and pay any taxes due. April 18th also marked the due date for the first installment of quarterly prepayments for businesses. However, there are still key tax deadlines quickly approaching this [...]
Receiving a letter from the IRS stating that your business will be audited is enough to make anyone’s head hurt and your blood pressure rise. After all, about 1 in 100 small businesses are audited each year by the IRS. However, you can prepare in advance by having an accountant at ORT Consulting conduct an [...]
Tax laws change annually which makes it difficult for the average person to keep up with them. Although it may be tempting to file your business taxes yourself, you may be harming your business by doing so. You could incorrectly file your taxes or miss out on key deductions or credits. The tax professionals at [...]
Personal financial planning is essential in today’s complex economic environment. Creating a personal budget, creating a saving plan and account, setting up tax planning, and addressing debts through the establishment of a debt management plan are important steps. There are often many factors that are difficult to control and having a watchful eye on your [...]
The New Year is upon us and tax season is beginning. While it’s is true that most money-saving options to defer income or accelerate deductions become much more limited after December 31, there are still a few steps that can be taken to lighten your load come April 15th. The experts at ORT Consulting specialize [...]
Every year on December 25, a large, bearded man flies around the world in his sled pulled by nine magical reindeer to deliver toys and treats to children everywhere. This magical man goes house to house sliding down chimneys, placing gifts underneath the Christmas trees of families everywhere. The kids rise at the crack of [...]
Owning and operating your own small business requires a willingness and ability to wear multiple hats. There are always numerous things going on at once and they all require your expertise. It can quickly become overwhelming if you are not properly staffed with the right people; people you can trust. One particular department is not [...]
Moving from employee to small business owner is one of the more difficult tasks one can undertake. There are many things that new business owners can easily overlook or be unprepared for. There is a wide range of issues to look out for if you are thinking about going into business for yourself. After all, [...]
Commuting to and from work is not always the best part of the day. With traffic, accidents, road work, and crazy drivers, commuting can be very frustrating and can produce a lot of stress and anxiety. After a long day of work, that is the last thing anyone should have to worry about. The workday [...]
The coronavirus changed the way that a lot of business is done. Unfortunately, there were a number of businesses that did not survive. The world we live in today, with the pandemic still present, is one of the most critical times for maintaining or growing your business. How the challenges of the upcoming weeks and [...]
