The tax landscape for small businesses is changing in 2026, bringing a mix of new opportunities and added responsibilities. With updated legislation, inflation adjustments, and evolving IRS enforcement practices, business owners must stay informed to remain compliant and financially efficient. Understanding these changes early allows you to plan strategically, reduce tax liability, and avoid costly [...]
Tax season doesn’t have to be a scramble. Whether you’re a small business owner seeking to reinvest every dollar smartly or a family aiming to optimize your personal finances, 2025 brings fresh opportunities—and fresh complexities—in tax planning. At ORT Consulting, our 30+ years of guiding clients through state, local, and federal tax landscapes mean we’re [...]
As we age, taking care of our physical, emotional, and financial well-being becomes more challenging, especially when medical conditions or cognitive decline are involved. For families with elderly loved ones, managing day-to-day finances, healthcare needs, and maintaining comfort can become overwhelming. Whether it’s paying bills, keeping track of bank statements, or planning for future financial [...]
In the fast-paced world of small business, staying on top of your financial health is paramount. Accurate and consistent financial reporting helps maintain cash flow, identify discrepancies, and plan for sustainable growth. At ORT Consulting, we offer specialized services to help small businesses navigate these critical areas. Two of our key offerings—bank account reconciliation and [...]
Filing personal taxes can be a stressful and confusing process for many individuals. With constantly changing tax laws and the pressure to maximize deductions and credits, it's easy to make mistakes that could lead to audits or missed opportunities for savings. That’s where professional tax preparation services like ORT Consulting can make all the difference. [...]
There are few things more rewarding and satisfying than being your own boss. As an entrepreneur you are able to shape your future in ways that are not possible while in the employment of others. However, there are milestones that must be adhered to. One of these is attending to the self-employment taxes for the [...]
Are you an entrepreneur? A small, mid-size or large business owner? No matter where you settle on the continuum of conducting business, you are likely going to need a certified public accountant. There are only so many hours in a day and tracking your company’s finances without the expertise and rigorous training of a professional [...]
The cash flow is the lifeblood of any business; it gives business owners the means to buy the goods they sell and pay their employees. For many small businesses, uncertain cash flow can hold them back from reaching their full growth potential. One of the most common culprits of poor cash flow is late-paying customers. [...]
Business owners and managers need to be efficient to make the most of every opportunity that comes their way. Here are some hacks that small business owners should consider to boost their productivity: Take Advantage Of Technology Gone are the days when businesses have to manually get things done. Apps and tools can now help [...]
without a reliable process for tracking and collecting payments will eventually find it difficult to turn their revenues and profits into cash flow. One in four businesses fail because of interruptions to cash flow. Don’t allow yourself to be included in the statistics of failed businesses by following these simple tips: […]
