Are You a Small Business Owner and Feeling Overwhelmed?

Accounting Freedom, Ltd. is a Full-Service Tax and Accounting Firm Dedicated to Meeting the Needs of Small Business Owners.

Our Small Business Packages are innovative solutions designed to support your business' day-to-day operations by relieving you of the cumbersome accounting tasks — balancing checkbooks, bookkeeping, paying bills, payroll, financial statement preparation, as well as your retirement planning needs.

Learn more

Services We Offer

Accounting & Bookkeeping<br> Services

Accounting & Bookkeeping
Services
Payroll Services <br> for Small Businesses

Payroll Services
for Small Businesses
Tax Preparation <br> & Planning

Tax Preparation
& Planning
Retirement Plans & <br> Wealth Management

Retirement Plans &
Wealth Management
Background Checks

Background Checks

Resource center

Newsletter

Click Here to subscribe to our newsletter

Calculators

Click Here for financial calculators

From the Blog

10.28.2020 02:20

Inventory Management Is Especially Important This Year

Ways to improve Inventory Management for your business

rAs the year-end approaches, many businesses will be not only be generating their fourth quarter financial statements, but also looking back on the entire year’s financials. And what a year it’s been. The COVID-19 pandemic and resulting economic fallout have...

Read more
10.23.2020 02:13

The 2021 “Social Security Wage Base” Is Increasing

Changes to the Social Security Wage Base for 2021

If your small business is planning for payroll next year, be aware that the “Social Security wage base” is increasing. There has been a recent announcement from the Social Security Administration on the increase in maximum earnings. Such earnings will...

Read more
10.16.2020 02:13

Understanding the Passive Activity Loss Rules

employees setting up a clock graphic

Are you wondering if the passive activity loss rules affect business ventures you’re engaged in — or might engage in? If the ventures are passive activities, the passive activity loss rules prevent you from deducting expenses that are generated by...

Read more
10.14.2020 02:20

Reviewing Your Disaster Plan In A Tumultuous Year

General Contractor wearing a medical face mask while on site

It’s been a year like no other. The sudden impact of the COVID-19 pandemic in March forced every business owner (ready or not) to execute his or her business disaster response plan. So, how did yours do? Although it may...

Read more
10.09.2020 02:13

The Easiest Way To Survive An IRS Audit Is To Get Ready In Advance

sheet saying, "are you prepared" for an irs audit

IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined. However, as long as as you are properly preparing for an IRS audit, all should...

Read more
10.07.2020 02:20

Reinforce Protection Of Your Company’s Mobile Devices

male employee working off of company laptop and holding an iphone

Whether it’s a smart phone, tablet or laptop, mobile devices have become the constant companions of today’s employees and remote sellers. And this relationship has only been further cemented by the COVID-19 pandemic, which has thousands working from home or...

Read more
10.02.2020 02:13

IRS Announces Per Diem Rates For Business Travel

Business Travel Per Diem Rates for 2020

In Notice 2020-71, the IRS recently announced special business travel per diem rates. These special rates can substantiate the amount of expenses a business incurs for travel away from home on or after October 1, 2020. Employers using these rates...

Read more
09.25.2020 02:13

Business Website Costs: How To Handle Them For Tax Purposes

how to handle business website costs for tax purposes

The business use of websites is widespread. But surprisingly, the IRS hasn’t yet issued formal guidance on when business website costs are deductible. Fortunately, established rules that generally apply allowing for website cost tax deductible, and IRS guidance that applies...

Read more