At My Accounting Now, we believe in empowering business owners with the knowledge and tools they need to thrive. Our blog serves as a resource hub, offering insights into critical aspects of business finance, from effective bookkeeping practices to strategic tax planning. By staying informed and proactive, business owners can avoid common pitfalls and leverage financial strategies to fuel their growth and success.
2025-12-05
Being a freelancer or independent contractor offers great flexibility and the opportunity to be your own boss, but it also involves taking on tax responsibilities that, if not managed properly, can lead to costly mistakes. Many freelancers, especially those just starting out, make common mistakes that directly affect their finances and can result in penalties or overpayments.
2025-11-28
Working in the United States as a foreigner can be an enriching experience, but it also entails a series of tax responsibilities that are not always clear. Understanding how the U.S. tax system works and what your obligations are is essential to avoid problems with the Internal Revenue Service (IRS) and to ensure you properly comply with tax laws.
2025-11-22
When you start a limited liability company (LLC), financial management can seem overwhelming, especially if you're unfamiliar with accounting and tax management. One of the most common questions among LLC owners is whether they really need an accountant to keep their books and comply with their tax obligations.
2025-11-14
In the coming years, the IRS will no longer be just a tax collection agency; it is transforming into an advanced technology entity that will apply artificial intelligence and automation to detect errors, optimize audits, and provide more personalized services.