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Why Quality Bookkeeping Matters
If you had to list everything that most business owners hate, taking care of accounting and other financial matters is probably right at...

The Garabedian Group, Inc.
Apr 5, 20234 min read


Tax Benefits for Grandchildren
If you are a grandparent, there are several things you can do to teach your grandchildren financial responsibility and set aside money...

The Garabedian Group, Inc.
Mar 21, 20234 min read


Are You an S Corporation Stockholder? Are You Taking Reasonable Compensation in the Form of Wages?
S corporation compensation requirements are often misunderstood and abused by owner-shareholders. An S corporation is a type of business...

The Garabedian Group, Inc.
Mar 14, 20234 min read


Tax Benefits For Parents
If you are a parent, whether single, married, or divorced, there are a significant number of tax benefits available to you, including...

The Garabedian Group, Inc.
Mar 7, 20235 min read


4 Financial Strategies for Money Savvy Women
With a savvy financial strategy in place and a knowledgeable team at your side, you can be confident about the future you’re creating for...

The Garabedian Group, Inc.
Feb 28, 20231 min read


What Are the Differences Between an IRS Tax Lien and a Tax Levy?
If you’re reading this, the chances are high that you’re one of many people who have received a notice from the Internal Revenue Service....

The Garabedian Group, Inc.
Feb 23, 20233 min read


Be On the Outlook for Tax Reporting Forms
With tax season upon us, documents reporting income, sales, and other items needed for your 2022 tax return should have arrived or will...

The Garabedian Group, Inc.
Feb 20, 20234 min read


What You Need to Know About Converting an S Corp to a C Corp
The type of business you're running has major implications in virtually all areas of your operations, especially regarding federal taxes....

The Garabedian Group, Inc.
Feb 17, 20233 min read


Inheritances Enjoy a Special Tax Benefit
People may use the term “Stepped-Up Basis,” which many believe is a tax provision that allows beneficiaries of an inheritance to reduce...

The Garabedian Group, Inc.
Feb 9, 20233 min read


6 Simple Personal Finance Tips That Lead to a Big Payoff
Let's face it: A lot of personal finance advice seems to be incredibly repetitive and common sense — like paying off your debt ASAP and...

The Garabedian Group, Inc.
Feb 1, 20233 min read


The Many Benefits of 401(k) Profit-Sharing Plans
If you are an employer looking for an attractive employee benefit that lets you plan contributions around your revenues, consider a...

The Garabedian Group, Inc.
Jan 25, 20232 min read


All the Signs That You May Need Some Assistance With Your Bookkeeping
Especially in the early days of a business, it can be natural to want to handle as many day-to-day tasks yourself - bookkeeping included....

The Garabedian Group, Inc.
Jan 19, 20234 min read


How to Organize Spending Priorities for Your Newer Growth Startup
According to a recent study conducted by U.S. Bank, over 80% of newly formed businesses fail due to cash flow problems. If you need a...

The Garabedian Group, Inc.
Jan 18, 20235 min read


The Key Steps to Take BEFORE You Start a New Business
Very few people think that starting a new business is easy. But at the same time, few first-time entrepreneurs realize just how involved...

The Garabedian Group, Inc.
Jan 11, 20235 min read


What Makes a Great CEO? Personality, Perseverance, and Perspective
If you ever wanted proof that quality company leadership is critical to an organization's success, look no further than the old saying,...

The Garabedian Group, Inc.
Jan 4, 20235 min read


Your Annual Reminder to File Worker 1099s
This is your annual reminder that if you use workers other than employees to perform services for your business and pay them $600 or more...

The Garabedian Group, Inc.
Dec 30, 20222 min read


Don’t Miss the Opportunity for a Spousal IRA
One frequently overlooked tax benefit is the spousal IRA. Generally, IRA contributions are only allowed for taxpayers who have...

The Garabedian Group, Inc.
Dec 29, 20222 min read


5 QuickBooks Online Tasks You Should Do Before January 1
It’s probably your busiest month of the year. But there are things you can do to make your return from the holidays less stressful....

The Garabedian Group, Inc.
Dec 22, 20224 min read


Health Savings Accounts Fill Multiple Tax Needs
The Health Savings Account (HSA) is one of the most misunderstood and underused benefits in the Internal Revenue Code. Congress created...

The Garabedian Group, Inc.
Dec 15, 20224 min read


Tax Consequences of Employee Holiday Gifts
It is common practice this time of year for employers to give their employees gifts. Where a gift is infrequently offered and has a fair...

The Garabedian Group, Inc.
Dec 12, 20222 min read
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