AI Bookkeeping Tools: What They Do Well and Where You Still Need Human Eyes
AI bookkeeping tools save time on data entry — but they can't read intent. Learn where automation helps and where human review protects your books.
John C Thompson, EA
Tag: Business Tax
7 posts
How Messy Bookkeeping Affects Your Taxes (And What to Do About It)
Disorganized books don't just make tax season stressful — they cost you money in missed deductions, IRS notices, and late filing penalties. Here's what the connection looks like and how to fix it.
John C Thompson, EA
Holiday Business Gifts, Parties, and Tax Implications: What's Actually Deductible
Navigate holiday business spending with confidence. Understand the $25 gift limit, 50% party deductions through 2025, and employee bonus rules to maximize tax benefits while avoiding costly mistakes.
John C Thompson, EA
Strategic Year-End Moves for Business Owners Under the New Tax Law
Make these strategic tax moves before December 31st to maximize your business tax savings under the new OBBBA provisions. Equipment purchases, R&D expensing, and QBI planning strategies explained.
John C Thompson, EA
Understanding State Taxes: A Basic Guide for Individuals and Small Businesses
Learn about state income taxes, sales taxes, and property taxes. Understand how they work, what you owe, and special considerations for Minnesota residents and businesses.
John C Thompson, EA
Side Hustle Tax Basics: What Every Gig Worker Should Know
Essential tax knowledge for gig workers including business classification, self-employment tax, quarterly payments, and deduction opportunities. Start your side hustle tax-smart.
John C Thompson, EA
Understanding Tax Forms and Entity Types (Business)
Navigate business tax forms by entity type including sole proprietorships, partnerships, LLCs, and corporations. Learn which forms to file and when they're due.
John C Thompson, EA