One Big Beautiful Bill Act
Summary and Implications By Rick Fields, CPA On July 4, 2025, the One Big Beautiful Bill Act was signed into law. There has been much discussion about the provisions of this legislation since Trump’s election…
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Tax Planning for Businesses
By: Rick Fields, CPA As senior partner for Associates in Accounting, CPAs, one of the “fun” parts of my job is the planning we do for our business clients. A business that is well structured…
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Do I Need a CPA For My Business?
This is a common question from many people that I meet throughout the year. Being a partner in Associates in Accounting, CPAs you would think that the answer would always be “Yes”, right? Not so…
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We cover all the bases so you don’t have to!
Some areas the firm analyzes during year-end planning include equipment and property depreciation, interest expenses, employee benefits, retirement plan contributions, charitable donations, and carryover losses from prior years. Taking the time to evaluate all eligible…
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COVID Relief Package (CRP) for Business Owners
Important Announcement for All Business Owners with Employees Congress passed a COVID relief provision in the CARES act last Spring that allowed companies with employees to gain a credit for every employee retained starting with…
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COVID Relief Package (CRP)
Congress passed the $1.9 Trillion COVID Relief Package (CRP) on Wednesday, March 10. The President signed the bill later in the week. This bill has been tagged as COVID relief, but it is so much…
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Contractors: Do You Have The Proper Entity Structure In Place To Protect Your Business Assets?
In a previous article I wrote about the tax structure efficiency that can come from the proper entity structure. The majority of companies don’t address this well, simply setting their structure in place and never reviewing…
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Contractors: What are you doing to protect your assets? Are you optimizing the most efficient tax structure?
Most construction contractors have been exposed to the topic of asset protection at some point during the existence of the companies they own. For many of you, you were probably advised to organize and form…
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Contractors: Do You Have The Right Cash Flow Management System For Your Business?
We’ve all heard that overused saying – cash is everything in a business, so the theory goes. By and large that is correct – without cash, a business grinds to a slow, painful death. The…
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Where’s My Refund?
After the tax deadline we can all breathe a sigh of relief, but you may still have some lingering questions about the status of your refund. We have no control over when government agencies issue…
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