Reasons Why Your Business Might Delve Into The Metaverse

Do you consider yourself an early adapter? Has your business entirely, or nearly, transitioned to digital? Do you believe that maintaining your edge on the competition relies, at least in part, on staying current with technologies applicable to your industry? Is innovation, not just process improvement, a core value? If you answered yes to any… Continue reading Reasons Why Your Business Might Delve Into The Metaverse

Estate Planning: The Legacy Trust

Generally after tax season, there comes a time when you realize that a lifetime of hard work, saving, and cautious investment has resulted in your accumulating wealth. You may think it is too early to worry about what happens to it after you are gone, but it is never too early to consider estate planning.… Continue reading Estate Planning: The Legacy Trust

Business Tax Ramifications From COVID Relief Measures

Word COVID-19 on global pandemic lockdown stimulus package financial relief package from government

Has your small business taken advantage of one or more of the COVID-19 relief programs authorized by the American Rescue Plan for 2021? If so, you need to be aware of your potential tax liability for federal and state taxes. 2020 and 2021 were not typical tax years thanks to the trillions pumped into the… Continue reading Business Tax Ramifications From COVID Relief Measures

Cryptocurrency Taxes and Your Business

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If it hasn’t happened yet, rest assured that it will. Sooner or later, a customer will want to pay you in cryptocurrency, or an employee is going to ask to be paid in Bitcoin or some other cryptocurrency. If like many southern California small business owners, you haven’t completely wrapped your head around crypto and… Continue reading Cryptocurrency Taxes and Your Business

Did You Trade Cryptocurrency in 2021? If So, You May Owe Tax

Whether you are involved in cryptocurrency or not, it is certainly part of our current financial environment and one we need to consider in our business and personal transactions today. Before jumping into cryptocurrency, be sure to do your due diligence as there’s a great deal to learn about it. Check these facts about crypto:… Continue reading Did You Trade Cryptocurrency in 2021? If So, You May Owe Tax

The Great Resignation And Small Business Boom

Resignation Concept The man in light blue shirt standing at the desk and putting the calculator and other stuff into the box.

One of the most surprising side effects of the COVID pandemic has been the phenomenon known as the Great Resignation. Today there are over 11 million job openings in the country but only 7.4 million people draw unemployment benefits. Interestingly, another phenomenon has sprung up, a boom in small business filings. After an initial lockdown… Continue reading The Great Resignation And Small Business Boom

Tax Write-Offs For Self-Employed: Don’t Forget These!

Are you among the roughly 16 million Americans who are self-employed? Surprisingly, according to a Dartmouth survey, 70.8% of Americans say they would prefer to be self-employed, yet only about 7% are. While there are advantages, particularly in personal freedom and direction, there are daunting challenges working for yourself. The pressure is always on to… Continue reading Tax Write-Offs For Self-Employed: Don’t Forget These!

2021 Tax Time Services: Individuals, Trusts, and Business

It is tax time again, and you may have noticed we have made some big changes. Sterling Tax Group is now part of William Rogers Company, known as Sterling Tax Advisors. We specialize in servicing the tax needs of Individuals and Trusts. Business Entities work with ASCEND Business Advisory, a business division of William Rogers Company.… Continue reading 2021 Tax Time Services: Individuals, Trusts, and Business

The New Way To Think About Business Success

Despite the daily waves of negative news regarding COVID and its impact on small and medium-sized businesses, a recent poll of owners and CEOs revealed an overall optimistic outlook for 2022. We have always believed that smaller, privately-held companies tend to be more resilient and agile than larger organizations. The number of smaller companies that… Continue reading The New Way To Think About Business Success

The Post-COVID Business Pivot

Small businesses, particularly startups, frequently discover their initial business plan is not taking them where they want to go. That usually leads to several rounds of “tweaking,” but when that fails, they are faced with more existential decisions: persevere, quit or try something new. When there is a significant change in strategy, a business has… Continue reading The Post-COVID Business Pivot