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Mar 113 min read
Maximizing Deductions: Common Tax Write-Offs You Might Be Missing
Tax season can be a daunting time, with individuals and business owners sifting through forms, receipts, and financial records to ensure...
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Mar 73 min read
The Role of Technology in Accounting Practices
In today’s fast-paced business environment, technology is reshaping every industry, and accounting is no exception. As companies strive...
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Feb 113 min read
The Importance of Cash Flow Management for Small Businesses
For small businesses, cash flow is the lifeblood that sustains operations and fuels growth. While profit is essential, it is cash flow...
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Jan 284 min read
Navigating Tax Planning in 2025: Expert Strategies for Maximizing Deductions and Structuring Your Business for Success
As 2025 approaches, businesses must navigate a changing tax landscape. Understanding new tax regulations and employing strategic planning...
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Jan 223 min read
What to Do Before You File Your 2024 Tax Returns: A Comprehensive Guide
As the tax season approaches, many individuals and businesses begin to prepare their financial documents and organize their records for...
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Jan 74 min read
Mastering Your 2025 Tax Filing: A Pro's Guide to Smooth and Error-Free Tax Season
As tax season approaches, many individuals feel a mix of anxiety and confusion. But with some thoughtful planning and careful...
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Dec 11, 20242 min read
The Importance of Financial Statements and Related Services
Financial statements, whether annual or periodic, are a crucial part of any organization's financial management. They are often required...
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Nov 20, 20242 min read
Embracing the Spirit of Generosity: Estate Planning and Gift Taxes on National Day of Giving
In the heart of the holiday season, nestled between the fervor of Thanksgiving feasts and the anticipation of Christmas merriment, lies a...
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Nov 6, 20242 min read
Setting Up Your Books as a Small Business: A Guide Using Quickbooks Accounting Software
As a small business owner, setting up your books accurately is a crucial step for the financial health and success of your business. It...
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Oct 23, 20242 min read
Securing Your Legacy: Accounting Considerations for Estate Planning Awareness Week
Throughout the year, we celebrate many awareness weeks and national days, but one that often goes unnoticed is Estate Planning Awareness...
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Oct 2, 20242 min read
Small Business Valuations: A Fundamental Aspect in Legal, Lending, and Estate Settlements
In the world of finance and business, the valuation of small to medium-sized businesses or professional practices is a crucial component...
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Sep 11, 20242 min read
Key Considerations for Small Businesses When Working With Vendors and Making Purchases
In the ever-evolving business ecosystem, small businesses play a critical role in driving economic growth.
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Aug 13, 20242 min read
Unlocking the Basics: Understanding Financial Statements for Small Business Owners
In the realm of small business finances, staying informed and adept at understanding financial statements is crucial for long-term...
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Jul 15, 20242 min read
10 Essential Bookkeeping Practices for Small Businesses
In the dynamic landscape of entrepreneurship, small businesses often find themselves juggling multiple responsibilities to ensure their...
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Jul 10, 20242 min read
Unlocking Business Efficiency: The Benefits of Outsourcing Administrative Functions for Small Businesses
In today's competitive business environment, small businesses are constantly seeking ways to improve efficiency, reduce costs, and...
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Jun 17, 20242 min read
The Importance of Credit Score for Small Business Ownership and How to Navigate It
In the world of small business ownership, a credit score is much more than a three-digit number.
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May 17, 20242 min read
Key Considerations for Small Businesses in Bookkeeping
Bookkeeping is a fundamental component of running a small business efficiently and effectively. It involves recording and organizing all fin
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Apr 19, 20242 min read
You’ve got your refund! Now what? Smart Investment Opportunities for Financial Literacy Month
April is upon us, and it's not all about springtime, blooming flowers, and Easter eggs. It’s also Financial Literacy Month, a time to review
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Apr 2, 20241 min read
OFWF Partner: Justice Coffey
OFWF is thrilled to announce the promotion of Justice Coffey to partner. Justice first joined the firm in January 2013, bringing with him...
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Mar 18, 20244 min read
Clearing the path to a winning tax season
We are officially in the home stretch! To clear any hurdles to your winning tax season, your friends at O’Donnell, Ficenec, Wills &...
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