We’re the translators of financial mumbo jumbo.
Learn about all things finance and find articles that will help you make sense of your own financial future.
Words of Wisdom About Employing Your Spouse
You know, there's a way that you can not only strengthen your family's future but also save big on taxes. And that's by hiring your spouse to work as an employee in your business. If you're a sole...
Realizing Tax Benefits From Your Rental Properties
Rental properties can be a great source of reliable income, but the tax rules relating to them are numerous, complex and confusing. Even though the IRS considers rental properties as a passive...
Deducting Health Insurance as an S Corporation
Health insurance: We all need it, but we hate to pay for it. Why? You know why. It’s expensive, so deducting the price of premiums is important for you and your business. As a pass-through entity,...
The Small Business Owner’s Battle Plan for Defeating Inflation
The Bureau of Labor Statistics consumer price index reports that the dollar has experienced an average inflation rate of 5.26% per year from 2020 to the present day. That's a staggering cumulative...
Deducting Business Meals and Entertainment in 2023
New rules may have left you confused. Do you know the current guidelines? The IRS is getting $80 billion extra dollars—about six times their normal annual budget. What does this mean for small...
6 Critical Business Planning Mistakes
It seems like people fall into one of two camps: planners and non planners. Whichever side you fall, as an entrepreneur, if you haven’t already discovered, you soon will, planning should be a...
Featured Posts
Best Practices for Small Business Record Keeping | TreMonte Financial
Contrary to popular wisdom, if you’ve seen one business, you have definitely not seen them all. From years of working with local business owners, we can confirm that every business is different. There are very few “one size fits all” guidelines that are automatically...
Election Stress – What To Do and How To Handle The Next Two Months
Flip on the TV, and it’s campaign ads left and right. The election season is in full swing. Michigan is more than ever a key battleground state in the race for the White House. Hearing about the policies of Joe Biden and President Trump can make you stop and think...
What is the Difference between a Will and Trust?
Remember the old 90s sitcom “Home Improvement” starring Tim Allen? The TV show dad was ‘star’ of his own tool show and he attempted to fix things around his suburban Detroit house only to end up blowing something up. There was one episode in which he and his wife were...
Establishing an Estate Plan: What is the process?
It’s 2020 and, in the past few years, you have been firmly #adulting. You have a career, maybe you got engaged, married, maybe bought a house or moved in with your partner, maybe had a kid, maybe a friend or family member died, etc… Humans don’t like to plan for bad...
2020 Check In: Where We Stand & The Controllables
Can 2020 get any more strange? Strange puts it mildly. It has been a very challenging year from so many perspectives in life. We had COVID-19 ravage our state and nation, and we are not out of the woods by any means, the economy took a nosedive, the worst short-term...
We get to know your numbers, without making you feel like one.
