fbpx

the ioogo blog

Finding the right solutions for your business is always difficult, especially if just starting. The ioogo blog is the best resource for learning from people that have been there and want to help. Find detailed information about tax filing, tax preparation, and business resources.

recent posts

Blog 14 Jul

A Comprehensive Guide to Small Business Loans

Everyone starts small in the business world, but ideally, companies grow and expand with time. In many cases, businesses require extra funding to support expansion, and there are many situations when taking a loan is the cheapest option. The low revenue generation capabilities of small businesses, the lack of many years of historical data and

Read More »
Blog 7 Jul 1

Everything you wanted to know about cryptos

Nowadays, crypto is becoming more and more popular, mainly because it is being accepted by an increasing amount of companies and businesses. Most people have an idea of what it actually is and how it works, but questions may arise – especially if you have a business and are thinking about accepting crypto as payment.

Read More »
Blog Accounting 30 Jun 23

Funding Your Business

As a small business owner, one of the major questions you have to ask yourself is how are you going to fund your business. It costs money to start your business, to run your business, and to grow your business. Where does the money come from? Well, that depends on your business needs and financial

Read More »
Medium 07 Jun 22 22

What You Need to Know About the Pending Tax Legislation

Anytime there is a new president in office, you can expect there to be sweeping legislative changes proposed within the first year of office. There will definitely be proposals related to taxes. After all, the taxes we pay account for roughly 93% of federal revenue. Even though President Biden’s proposed plans have not yet passed,

Read More »
Medium Y Blog 31 May 23

How Does the COBRA Subsidy Affect You?

If, as a company, you offer a group health plan, then you will want to read on. The American Rescue Plan Act of 2021 includes a subsidy for employees who have lost health coverage and elect a continuation of coverage through COBRA. This is great news for eligible individuals, but what does it mean for

Read More »
Acc

How Your Business Benefits from Using Accounting Software

If you’re a business owner, you know how important it is to save money so that you can create high-quality products and services while still making the most amount of profit. Using accounting software in your business is a fantastic way to help you do just that. If you have been considering the idea of

Read More »
Tax Blog 24 May 22

What to do After Tax Season

The 2020 tax season ended. Now you get to sit back and not think about taxes for a whole year! Oh, sorry. Not you. You are a small business owner, and tax planning is a year-long exercise. The after-tax season is a great time to evaluate the previous year and incorporate tax planning into your

Read More »
Child Tax Credit Post 900 19

What you need to know about the 2021 Child Tax Credit

If you claimed a dependent child in 2020, you can probably not only expect a higher child tax credit for 2021, but you may also start getting advanced monthly payments beginning in July of this year. Here’s what you should know: The credit has been increased to $3,000 per child ages 6 to 17 and

Read More »
Blogpostaxes1905 Nueva Medida 19 1

How to Take Control of Your Personal Finances

It’s easy to feel lost when it relates to your finances. Over 58% of Americans don’t even have $1,000 in their savings account in case of an emergency. If you feel like you’re getting into debt, losing your financial freedom, or experiencing any other type of economic issue, it may be time to take control

Read More »
Blog Tax 19

IRS Unemployment Adjustments are Underway

If you are one of the over 10 million taxpayers who reported unemployment income before the $10,200 tax exemption was enacted, then we have good news! The IRS announced Friday, May 14, that corrections are being made and refunds are currently being issued. Here is what you should know: Corrections are being made automatically in

Read More »
Social Media Accounting Final 23

How to Organize Your Business Finances + Increase Profit

As a small business, franchise, or start-up, you likely have a lot to do. There is no shortage of business or to-do lists to complete. Besides all the different roles you take on, there is one business category that is essential to focus on, better known as your bookkeeping.  If your company is not making

Read More »
Social Media Accounting Final 24

Restaurant Revitalization Fund

If your business is in the food industry, applications are now being accepted for the Small Business Association’s Restaurant Relief Fund. The fund has $28.6 billion to support the hard-struck restaurant industry. Eligible businesses include restaurants, bars, food trucks, caterers, bakeries, and more. Here’s what you should know about the Restaurant Revitalization Fund: Businesses are

Read More »
Blog Tax 22

Tax Credit for Vaccine PTO

On Friday, April 23rd, 2021 the IRS and Treasury Department announced additional details relating to the credit for paid sick leave provided to employees due to COVID-19. In an effort to assist the nation recover from the pandemic, it has now been confirmed that small businesses (fewer than 500 employees) can claim this credit if

Read More »
Social Media Accounting Final 26

Business Taxes Due Date: May 17th, 2021

The tax extension of May 17, 2021 is quickly approaching. If your business is a C-corporation or you are self-employed reporting your business on your personal return, the deadline to submit your business tax return is just 1 week away. What is due on May 17th? Individual and corporate tax returns must be filed on

Read More »
Blog Tax 24

Self-Employed Sick Leave

Being self-employed can reap flexibility, but it can also have its drawbacks, like not having built-in sick days or short-term disability. Legislators were able to gain approval on offering sick leave credit for self-employed individuals who had to take time-off related to the pandemic. Under the Families First Coronavirus Response Act, up to 60 days

Read More »
Social Media Accounting Final 28

Retirement Plans and Small Business

If you are running a small business or you are self-employed, the thought of retirement planning may seem time consuming, confusing, and expensive. Retirement planning may not be fun, but it is definitely worth your time. There are obvious long-term benefits to having a retirement plan, but did you know that there are more immediate

Read More »
Blog Tax 26

5 Tips To Be Prepared for Tax Day

The tax deadline may have been extended to May 17, but it will be here before you know it. If you haven’t filed and paid your taxes yet, this is your reminder to get organized! With employer forms, deductions, changing tax credits and potential changes in employment that the previous year brought, it’s important to

Read More »
Did Someone Say Lunch?

Did Someone Say Lunch?

If you do your best business deals over a good meal, you’re in luck. In an effort to boost the struggling restaurant industry, the business meal deduction has been temporarily increased from 50% to 100% with the passage of the Taxpayer Certainty and Disaster Tax Relief Act of 2020. Here is how you can take

Read More »
Everything You Need To Know About Crypto Tax

Everything You Need To Know About Crypto Tax

Investing in cryptocurrency is a huge financial trend that took off even more during the pandemic. We’re even seeing younger individuals invest in crypto as it gains popularity. If you’re trading and making revenue in this market, don’t forget about the potential financial ramifications it can have, like owing taxes. You’ll want to ensure you’re

Read More »
Business Tax Filing Due Dates

Business Tax Filing Due Dates

Tax season is in full swing and, for some, is coming to a close next week. This tax season has had several changes, updates, and extensions. Let’s take a look at some important dates so you can determine which applies to you. April 15, 2021  First quarter estimated payments are due. If your business is

Read More »
Scroll to Top