Does reflecting on the past feel like a waste of time for your small business? Are you "done" with last year and ready to get started with new initiatives and opportunities this year? Our professional opinion is that the ROI on reflection is immeasurable. The exact thing you think is impeding your forward progress will boost your future success. This article outlines the most beneficial areas of reflection before setting your new goals and initiatives.  ..read more

In general, the first step to solving a problem is clearly defining and understanding the problem itself. Paying too much in taxes as a small business owner is definitely a problem. Step two in solving a problem would likely be digging deeper to find the cause. In this article, we will uncover the cause and the solution for a high tax bill as a small business owner ..read more

In the realm of small business, where every decision can have a significant impact, the role of accountants and CPAs transcends mere number-crunching. They emerge as architects of success, wielding the powerful tool of strategic financial planning to shape the destiny of small enterprises. In this blog post, we'll explore the pivotal role that Certified Public Accountants (CPAs) and accountants play as business advisors, delving into the intricacies of strategic financial planning and its profound impact on the success of small businesses ..read more

In the dynamic landscape of today's business world, the role of Certified Public Accountants (CPAs) extends far beyond traditional number-crunching. Accountants have evolved into strategic financial sherpas, guiding businesses through the intricate paths of financial planning, risk management, and strategic decision-making. In this blog post, we will explore the multifaceted expertise of CPAs, highlighting why they are not just accountants but invaluable business advisors ..read more

Selecting the right Certified Public Accountant (CPA) is a crucial decision for businesses, and one factor that often plays a pivotal role in this choice is the size of the business itself. The size of a business can significantly impact its financial needs, reporting requirements, and overall complexity. In this blog post, we will address why business size matters when choosing a CPA and why the size of the CPA firm matters to a business ..read more

Staying financially fit is crucial for the success and sustainability of any business. Dillon Business Advisors' accountants and CPAs have compiled a list of tasks every small business owner should do each month. Check out the list below.  ..read more

So you never scheduled that tax consultation with your CPA, and now it's too late. Yikes! While many tax planning strategies are typically implemented throughout the tax year, there are still several effective options available to small business owners after the year has ended. It's important to note that tax laws and regulations can change, so it's advisable to consult with a tax professional to ensure compliance with the latest rules. In this blog are some tax planning considerations for small business owners after the year has concluded ..read more

In the complex world of business taxation, entrepreneurs and small business owners often seek ways to optimize their financial strategies, with tax planning playing a pivotal role. One commonly touted strategy is investing in equipment to leverage tax benefits. While acquiring equipment can indeed offer tax advantages, it's crucial to recognize that this approach may not always be the most prudent or comprehensive solution. In this blog post, we'll explore the nuances of tax planning and shed light on why buying equipment is not always the best tax planning advice ..read more

Does it feel like your CPA or accountant is withholding important tax saving information from you? Do you feel like your CPA should be making more tax deduction recommendations? In this blog we’ll highlight 5 possible reasons your CPA isn't sharing all the small business tax deductions you know are out there ..read more

“That’s not the answer I wanted,” thinks every small business owner after their CPA says they cannot take the same tax deductions as their golf buddy with a similar business. For a small business owner, it can be frustrating, but even more problematic because the owner sometimes does not have the cash to pay the higher than anticipated tax bill. In this blog we’ll highlight a few reasons small business tax deductions aren’t so simple ..read more