Category

Accounting

Accounting System a Mess? Fix it Fast!

By Accounting, Profit First No Comments

Mindset Change   “Accounting is a necessary evil.” Geez! That sounds like a prison sentence where you are stuck having to do something even though you hate it. We can never get excited about something if we think it’s evil. Accounting is necessary. Not evil. When it’s approached properly… Your accounting efforts will produce financial statements that give you insights into your cash flow. It…

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WHY did I start Incite Tax?

By Accounting, Blog, Business No Comments

Ever wondered how Incite Tax got started?   In my life I have had 2 very impactful events that led me to Incite Tax is and what we are doing. The first event was when I was working for a big accounting firm where I was just an entry level, kind of expendable employee.They talked about how I was going to be rewarded, get promotions, and…

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Why Form 1099-NEC Matters to You

By Accounting, Business No Comments

Form 1099-NEC is for business owners who use freelancers and independent contractors. The IRS has unveiled a new form. Yay!   Actually, Form 1099-NEC has already existed but was discontinued in 1982.   The IRS is simply bringing it back.   I know this feels overwhelming, but that’s why you’re reading this.   Form 1099-NEC, Nonemployee Compensation   For business owners who are familiar with…

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