CLARITY JOURNAL

Stay informed on 2024 tax changes with our comprehensive breakdown. Discover key updates impacting small business owners, new deductions, credits, and filing tips to maximize your tax savings and keep your business compliant. Read everything you need to know for a successful tax season!

As a small business owner, you juggle countless responsibilities—from growing your brand to managing day-to-day operations. But as the end of the year approaches, there’s one more critical task you can’t afford to overlook: year-end tax planning. By avoiding a few common mistakes, you can save money and set yourself up for success when tax […]

As the year draws to a close, effective budgeting becomes vital for businesses aiming to finish strong and set the stage for future success. At The Clarity Agency, we believe preparation is key to navigating year-end expenses. Here are some essential tips to help you get ready for this critical time. Review Your Q4 Revenue […]

In the bustling world of business, accurate bookkeeping is more than just a mundane task—it’s the backbone of financial health and efficiency. At The Clarity Agency, we understand the critical role that bookkeeping plays in avoiding costly mistakes and ensuring your business thrives. Whether you’re a small business owner or a seasoned entrepreneur, staying on […]

As a small business owner, the transition from Q3 to Q4 is one of the most critical times of the year. It’s your chance to reflect on what has worked so far, correct what hasn’t, and set yourself up for a strong finish to 2024. Reviewing your Q3 financials is the first step to achieving […]

For real estate professionals, tax season can be a particularly complex and stressful time. Between client meetings and endless paperwork, understanding how to maximize deductions and avoid pitfalls is essential. At Clarity Consulting Agency, we aim to simplify the process and ensure that you’re not leaving money on the table or falling prey to common […]

Navigating the world of taxes can be daunting, especially when distinguishing between the tax obligations of employees and independent contractors. At The Clarity Agency, we’re committed to demystifying these processes so you can make informed decisions. Whether you’re an employee or contractor, understanding these distinctions is crucial for compliance and financial planning. Employees: If you’re […]

Yes, it’s real! Starting January 1, 2024, the Corporate Transparency Act (CTA) mandates new reporting obligations for LLC owners and managers. It’s essential for anyone involved in managing or owning an LLC to understand these requirements to determine if their company must submit a Beneficial Ownership Information Report (BOIR) and to prepare for compliance if […]

Navigating the world of sales tax can be a complex and overwhelming task for many business owners. At Clarity Consulting Agency, we understand that accurate sales tax management is crucial for your business’s financial health and for staying up-to-date with compliance. Whether you’re a startup or an established company, having a clear understanding of sales […]

In the fast-paced world of business, maintaining accurate financial records is more than just a necessity—it’s a cornerstone of success. At Clarity Consulting Agency, we understand the critical role that effective bookkeeping plays in achieving financial clarity and stability. In this blog post, we’ll explore the numerous benefits of bookkeeping and how our consulting and […]