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Tax

Surviving Tax Season: A CPA’s Checklist for Small Businesses

Surviving Tax Season: A CPA’s Checklist for Small Businesses Tax season can be a stressful time for small business owners. Managing financial documents, understanding tax codes, and meeting deadlines can feel overwhelming. At PrismAccounts LLC, we understand these challenges and are here to help. With proper planning and organization, you can tackle tax season confidently. […]

Tax

Key Tax Changes for 2025: What Businesses and Individuals Need to Know.

Key Tax Changes for 2025: What Businesses and Individuals Need to Know As we move into 2025, the tax landscape continues to evolve, bringing important updates that businesses and individuals need to understand. At PrismAccounts LLC, we’re dedicated to helping you navigate these changes so you can stay compliant and maximize your financial outcomes. Below, […]

Tax

Tax Readiness for Businesses: Getting Ready for 2024 Tax Filing in 2025

The new year has arrived, and while you’re setting goals for 2025, it’s also time to look back and prepare for the 2024 tax season. Filing your taxes doesn’t have to be stressful if you start early and follow a structured approach. Here’s a guide to help your business stay organized and maximize your tax […]

Consulting Services

Key Financial Metrics Every Business Owner Should Track

  Key Financial Metrics Every Business Owner Should Track By PrismAccounts LLC, Your Trusted Partner in Accounting and Financial Guidance In today’s dynamic business environment, staying on top of your company’s financial health is crucial for long-term success. At PrismAccounts LLC, we understand that deciphering financial data can be overwhelming. That’s why we’ve compiled a […]

Tax

Should You File as an LLC, S-Corp, or C-Corp?

Should You File as an LLC, S-Corp, or C-Corp? A Guide from PrismAccounts LLC When starting a business, choosing the right legal structure is one of the most critical decisions you’ll make. The choice between an LLC, S-Corp, or C-Corp can significantly impact your taxes, liability, and long-term business goals. At PrismAccounts LLC, we’ve helped [...]
Compliance

Essential Guide to BOI Reporting

BOI Reporting: What You Need to Know to Avoid Penalties – PrismAccounts LLC As a business owner, compliance with regulatory requirements is essential, and one important requirement is the Beneficial Ownership Information (BOI) report. With upcoming deadlines and significant penalties for non-compliance, understanding BOI reporting is crucial for all businesses. PrismAccounts LLC is here to [...]