The Shocking Tax Savings of an S Corp in Bellevue If you own a business in Bellevue, WA, you might be paying way more in taxes than necessary. The reason? Self-employment taxes are eating up your income. Many business owners don’t realize that switching to an S Corporation (S Corp) can legally slash their tax...
Bookkeeping isn’t just about keeping numbers in check. It’s a whole process that can get pretty tricky. Whether you’re a pro or just starting out, there’s always something that can trip you up. From dealing with taxes to making sure your reports make sense, every step comes with its own set of challenges. And let’s...
Running a small business is no small feat, especially when it comes to managing finances. One area where business owners can save a lot of money is through tax deductions. But, let’s face it, tax laws can be confusing and overwhelming. That’s why we’re here to break down some creative tax deductions that you might...
For entrepreneurs in Renton, Washington, accurate bookkeeping is not just a tedious task—it’s a powerful tool that can significantly boost profits and drive business success. By maintaining precise financial records, Renton business owners can make informed decisions, optimize operations, and ultimately increase their bottom line. Let’s explore how accurate bookkeeping can be a game-changer for...
If you’re self-employed or run a business from home, understanding how to calculate your home office tax deduction can save you money. Here are detailed answers to common questions about this deduction: How Do I Calculate My Home Office Tax Deduction? To calculate your home office deduction, you can use either the simplified method or...
As we approach the dawn of 2025, it’s time for small business owners to think beyond mere resolutions and set their sights on transformative financial goals. At CentsIQ, we believe that the key to small business success lies in strategic planning, smart financial management, and a dash of entrepreneurial spirit. This comprehensive guide will walk...
Are you a small business owner drowning in data? You’re not alone. In this comprehensive guide, we’ll explore how small business analytics can transform your operations, boost profits, and give you a competitive edge. Let’s dive into the world of numbers and emerge with actionable insights! The Data Dilemma: When Numbers Become Overwhelming My Friend’s...
In today’s fast-paced world, data is the new oil, and if you’re not tapping into it, you might as well be running on empty
Why Data Analytics Matters for Your Small Business First things first, why should you even care about data analytics? Think of data as the heartbeat of your business. It tells you what’s working, what’s not, and where potential opportunities lie. By tapping into data: You understand your customers better. What are their buying habits? Which...
CentsIQ is a bookkeeping and financial services provider. We serve businesses in Seattle WA (Bellevue, Redmond, Kirkland, Renton, Kent, Maple Valley, Covington) , Portland OR, Memphis TN and beyond.
