The Profitability Report
Resources and information on business accounting.
Are You Saving Your 100% Deductible Meal Receipts?
Typically, the IRS caps the food & beverage deduction limit at 50%. However, beginning January 1, 2021, through December 31, 2022, the IRS allows a
Have You Heard About The 1099 Changes?
Be aware of a few new rules regarding how banks should report your deposits. Not to worry—we’ve got the breakdown for you! And we’ve got
Employee Bonuses
The end of 2021 is fast approaching. As a business owner, have you considered how you plan to finish the year strong while you also set yourself up for successful retention of your quality employees?
Plan For Success In 2022
Every great success story begins with solid goals. Here at MLP Accounting & Consulting in Springfield, MO, we recommend you consider the following steps to
Conquer Zombies – Payroll & Sales Taxes Can Come Back From The Dead To Haunt You
Did you receive a dreaded IRS letter and are attempting to navigate how to respond? We’re your connection to calmness for all things payroll and sales tax!
Scare Those Small Business Audits Away
The thought of an IRS Small Business Audit is sure to instill all manner of scary thoughts and dread for any owner! Audits are not a matter of if, but when.
Profit Con 21 – The Great Reinvention
Last week, I attended Profit Con 2021 in New Jersey. We are very privileged to be a part of the Profit First Community.
Child Tax Credit Updates
Countless people across the country have been struggling with the Child Tax Credit payments. There have been complaints of it going to the wrong bank
Mid-Year Finance Review
In January, most people set goals for the year, and, whether personal or business, often by March, those goals are forgotten. By the middle of
Tax Deductions: Can a Vacation Be Considered a Business Trip?
How do you know if you can deduct the cost of your trip? What exactly can you deduct? We’re here to help!
Have You Hired a Contract Laborer or an Employee?
One of the most common aspects of hiring is determining if your staff members are contract laborers or employees. Let us help you figure it out.