Tax Hive Blog

Enjoy these timely and informative articles that can help you make informed decisions about your business.

7 Reasons New Businesses Fail

7 Reasons New Businesses Fail

It is exciting to start a new business, be the boss, and take command of your financial future. Unfortunately, many businesses do not make it long term. Those plans READ ARTICLE

New in 2022 Retirement Saver News

New in 2022 Retirement Saver News

Saving for retirement is high on the list of many small business owners, and rightly so. There are several choices for retirement account types with different taxation and investment READ ARTICLE

National Taxpayer Advocate Annual Report to Congress

National Taxpayer Advocate Annual Report to Congress

Each year, Erin Collins delivers her National Taxpayer Advocate Report to Congress. This report for 2021 calls the year the most challenging year ever for taxpayers and tax professionals. READ ARTICLE

IRS Criminal Investigation Cases Top 10 Countdown

IRS Criminal Investigation Cases Top 10 Countdown

The IRS began counting down their top 10 criminal investigations cases for calendar year 2021 on Twitter on January 3rd. The list could be a reality TV show or READ ARTICLE

Accounting System Cleanup – Why and When?

Accounting System Cleanup – Why and When?

Clean and accurate accounting records are critical for three main reasons:

  • Making informed decisions
  • Working with lenders and investors
  • Avoiding audits or responding to IRS inquiries

If READ ARTICLE

Top 5 Questions for Your Accountant this Year

Top 5 Questions for Your Accountant this Year

Whenever your next meeting with your accountant or the reason for the meeting, there are some questions that would serve you and your business well if you ask them. READ ARTICLE

What is a Full Service Accounting Resource?

What is a Full Service Accounting Resource?

Taking the title a little farther, what is a full service accounting resource, and when do you need one? The second half of the question is easily answered, as READ ARTICLE

Top 4 Time Management Tips for Business Growth

Top 4 Time Management Tips for Business Growth

New business owners, entrepreneurs just starting out, rightfully are concerned about getting through the first couple of years without failing. This is valid as many new small businesses do READ ARTICLE

The SEC’s Definition of Accredited Investor

The SEC’s Definition of Accredited Investor

In mid-2020, the SEC, Securities and Exchange Commission, updated the definition and requirements to be considered an Accredited Investor. There is not a simple definition of what the SEC READ ARTICLE

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