Tax Day 2025: Your Ultimate Guide to Filing on Time (And Avoiding IRS Headaches) Tax Day 2025 is fast approaching—Tuesday, April 15th—and if you haven’t started preparing yet, now’s the time. The IRS has already released key filing guidelines to help taxpayers avoid common mistakes, speed up refunds, and stay penalty-free. But let’s be honest: […]
Financial Statement Preparation: A Complete Guide for Business Owners As a business owner, understanding your company’s financial health is crucial—and financial statement preparation is the key to unlocking those insights. Whether you’re seeking investors, applying for a loan, or simply making informed decisions, accurate financial statements are non-negotiable. At Spyglass Accounting, we specialize in helping businesses like yours […]
What Is Included in Bookkeeping Services? A Complete Guide Running a business involves juggling countless responsibilities—sales, marketing, customer service, and more. But one of the most critical yet often overlooked aspects is bookkeeping services. Proper bookkeeping ensures financial clarity, compliance, and long-term business success. If you’ve been wondering, “What exactly do bookkeeping services include?”, you’re in the […]
Sales Tax vs. Income Tax What Every Small Business Owner Must Know to Stay Compliant (and Save Money!) Taxes are a fact of life for small business owners, but understanding the comparison of sales tax vs. income tax can feel like navigating a maze. One wrong turn, and you could face penalties, audits, or even […]
Is Your Accounting Data Really Safe? The Overlooked Gaps in Cybersecurity That Could Cost You a Fortune In today’s digital-first world, accounting firms are a prime target for cybercriminals. With sensitive financial data, client information, and transaction details at stake, the stakes have never been higher. But here’s the critical question: Is your accounting data really […]
Is Blockchain Technology in Accounting a Game Changer for Small Businesses? Blockchain technology is no longer just a futuristic concept—it’s making waves in the accounting world, and small businesses are starting to take notice. But is blockchain technology in accounting really a game changer for small businesses and startups? The answer is a resounding yes. By offering […]
How to Choose the Best Bookkeeping Services Near You: A Complete Guide Running a business is no small feat. Between managing operations, serving customers, and growing your brand, the last thing you want to worry about is keeping your books in order. That’s where professional bookkeeping services near you come in. But with so many options available, […]
Payroll Taxes Explained: Your Top Questions Answered Payroll taxes are a critical part of running a business, but they can also be one of the most confusing aspects for employers and employees alike. From understanding what payroll taxes are deductible to knowing when they’re due, there’s a lot to unpack. At Spyglass Accounting and Financial […]
The IRS Dirty Dozen 2025: Top Tax Scams to Watch Out For Tax season is here, and with it comes the annual release of the IRS Dirty Dozen 2025 list—a compilation of the most pervasive tax scams threatening taxpayers, businesses, and tax professionals. For over two decades, the IRS has used this campaign to raise awareness […]
Social Security Benefits and Taxes: What Retirees Need to Know in 2025 Retirement should be a time to relax and enjoy the fruits of your labor, but navigating the complexities of Social Security taxes can feel like a full-time job. The good news? In 2025, 41 states won’t tax Social Security benefits, giving retirees a […]
