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The Best Accounting Practices for Budding Businesses

If you aim to be successful in business, you'll need to learn how to keep your books in order. That’s because financial mastery is critical to your success. Experts say that learning accounting is important for business owners because sound...

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Avoid Costly Mistakes, Hire Tax Professionals

We understand that at this time of the year you’re probably wading through tax records and filling out your tax return. We also know that all these processes can bring stress, one that can be frustrating and eat up more hours than you have to...

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Common Financial Planning Mistakes That You Should Avoid

One factor that can make you or your business successful is by having a well-prepared financial plan. Having a concrete financial plan can help you achieve your goals in life. That is why it is important that you should know how to plan your...

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Accounting and Tax Management for Freelancers

In recent years, many Ohio residents have been leaving their office-based jobs in favor of freelance work-from-home gigs. Many are even doing freelance work full-time now. But with the luxuries of working at home come the hassles of doing your own...

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S-Corp or LLC: Which Entity Is Better for You?

When you are starting a business or when you are doing some major change in the organization, getting the correct structure has a huge impact on your success. The right organizational entity helps the business or organization to achieve its goals...

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Damawa Tax & Accounting Services, LLC

2022 tax filing season begins Jan. 24; IRS outlines refund timing...

IR-2022-08, January 10, 2022 WASHINGTON — The Internal Revenue Service announced that the nation's tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns. The January...

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