For Small Businesses

For Small Businesses

What our Clients are saying

Rich has been doing my taxes for about the past 13 years now. Won’t go anywhere else. He is honest, trustworthy and the price is good. Thanks for the great service each and every year!

Lew P.

Establish Greater Profitability and Business EffICIENCY!

Your business’ profitability and operational efficiency are at the center of your business’ success!

Our experience, resources, and attention to detail make our accounting services second-to-none. As an experienced accounting team, we look forward to the opportunity to help transform your business’ financials as we work with you to establish short- and long-term strategies for growth and profitability.

Working with us and enlisting our business services could make all the difference!

Whether you need help starting a business, cleaning up your bookkeeping, setting up QuickBooks, handling payroll, or you crave some much-needed business coaching or other strategic consulting, we have been doing this for years, and stay on top of all of the new regulations to help you take the most advantage possible. Legally, and ethically — and profitably.

We work with our clients in a relational way to help them experience the financial success they desire — whether the business is just an idea, relatively new, or a well-established entity. Whether small, large, or in need of some special attention, we have the experience you need so that you can focus on what your business does best.

 

Cultivating Gratitude for Thanksgiving 2020 in Cleveland

I think we all need this week.2020 has been *so hard*, for so many in Cleveland (and far beyond!). And it's not over yet -- from continued electoral fighting, to spikes in virus cases and increased governmental restrictions all over the place, and (of course) the...

Effective Financial Documentation Strategies for Cleveland Taxpayers

A few timely things to get to, before I offer you my thoughts on a good task for you to do this week...First of all, the IRS has apparently caught up on processing their backlogged mail that stacked up during COVID closures. Or, well enough, they say.That means that...

Paying Off Debt by Rich Rhodes

Last month, I talked about [ENGBLOG]some potential moves Cleveland taxpayers could make by the end of the year. I wanted to remind you of those possibilities before I get to what else I want to talk with you about... (paying off debt)Those were:Look ahead to 2021 --...

Tax and Financial Planning for Multi-Generational Caretaking for Cleveland Families

Say it with me: four more weeks. Four more weeks until this crazy election cycle is behind us and we can all return to normal here in Cleveland.Except, well, if it isn't. With the way that 2020 has been going, we might as well emotionally prepare for that eventuality...

The New Stimulus Update and Tax Issues for Cleveland Filers

The "American Rescue Plan" has been finalized. And there are things about the new stimulus update our Cleveland clients should know.While I normally write weekly, there is information in this strategy note that you need to know about now that might even impact how you...

Debunking Estate Plan Myths For Cleveland Taxpayers

On Friday, the IRS began accepting tax returns and people like me all around the country started buckling up for what is already quite a ride.  With new PPP loans for Cleveland small business owners, credits aplenty in all of the variety of stimulus bills,...

Helping Cleveland Residents Understand the Purpose of Life Insurance

As the old joke goes, the only two guarantees in life are death and taxes.In these updates, I obviously spend a lot of time talking about taxes.And these past 12 months, no matter how things have landed for those of you in or near Cleveland ... the other part of that...

Happy Thanksgiving 2019 from Hinckley Tax Service to your family

Imagine ...You are ripped from your childhood home while young and trafficked across the ocean to a country where you don't speak the language. You are sold to practitioners of a religion that you don't understand, and there is no apparent possibility of...

How Cleveland Taxpayers Can Lower Their 2020 Tax Bill

Finally, the IRS issued guidance on Friday evening about payroll tax deferrals.And, as we've been communicating ... this may not be a very helpful program for most Cleveland taxpayers. In fact, it's actually up to employers (not employees) whether or not to withhold...

What Cleveland Taxpayers Should (and Should NOT) Do With Their Economic Stimulus Checks

So, you got that stimulus check (or, as the government wants to call it, your "Economic Stimulus Payment")...What next for Cleveland families and individuals?Please use these funds wisely.If I could sum up my advice for next steps, it would be this: act like you did...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!

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