Todd's Accounting Services

As we approach Thanksgiving, we've been thinking about what we're grateful for. One of the first things that came to mind: the opportunity to serve our clients. So thank you for letting us serve you.

You can Airbnb your home for extra income during the holidays! It's taxable, but you can deduct direct and indirect expenses, depreciation, and home office use.

Thank you to all of our veterans out there for your service to our country.

Having money stowed away is a huge starting place for averting a financial crisis. If you’re living paycheck to paycheck, it can feel impossible. Consider:

1. Tracking your spending to create a spending plan.
2. Automate monthly deposits to funds to curb impulse spending.
3. Consider a side hust...

It’s almost time for Charlie Brown specials and holiday parties, and with that comes more of an inclination toward generosity. While giving isn’t necessarily about tax benefits, it’s good to know how to take advantage of it. Most important thing to know if you do? Charitable contributions, if you...

Though the season for generosity is upon us, don't fall prey to the counterfeit charities on the rise. Here’s how to protect yourself against fake charities.

1. Verify the charity before giving (the IRS has a tool for that).
2. Beware of pressure tactics.
3. Use secure payment methods.
4. Give l...

Even though we narrowly missed a government shutdown in September, there’s still no clear indication that either side is ready to agree on things yet. Should the worst happen, the big thing to know is the average American won't feel the sting in the short-term. Essential services and most program...

When we look at businesses that truly stand the test of time, there's a common thread: prioritizing financial health from the start. Many business owners starting out don't prioritize their finances and have to be convinced of the importance of doing so. So you want your business to live long and...

There is a difference between income and wealth. Tax returns aren't about wealth -- they're about "income", and how that is defined. Business owners have access to powerful tax advantages that wage earners do not. This is true for smart business owners the world over.