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The Garabedian Group, Inc.

Nov 8, 20236 min read

Business Succession Planning

The Importance of Business Succession Planning Every business – large and small – needs a business succession plan. Just like Warren...

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The Tax Bite of Powerball Winnings: What You Should Know

The Garabedian Group, Inc.

Nov 1, 20234 min read

The Tax Bite of Powerball Winnings: What You Should Know

Have you ever dreamed of winning the Powerball jackpot? The allure of sudden wealth and financial freedom is undeniable, but there's one...

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The Garabedian Group, Inc.

Oct 26, 20232 min read

The Hidden Costs of Sloppy Bookkeeping

A recent Stanford study reviewed the aftermath of the Enron collapse and the repercussions to Enron's accounting firm's former clients....

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Navigating the Impact of Rising Interest Rates on Personal Finances

The Garabedian Group, Inc.

Oct 24, 20232 min read

Navigating the Impact of Rising Interest Rates on Personal Finances

As the current 30-year mortgage rate hovers at 8%, and the 10-year treasury approaches 5%, it's crucial to understand the implications of...

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The Garabedian Group, Inc.

Oct 19, 20232 min read

Partners May Not Be Employees

If your partnership has been treating you and other partners as employees of a disregarded entity owned by the partnership so the...

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The Garabedian Group, Inc.

Oct 12, 20235 min read

New Business Start-up Costs

Starting a business can seem daunting to the prospective entrepreneur. A step-by-step plan to get started can alleviate some of the angst....

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The Garabedian Group, Inc.

Oct 10, 20231 min read

How to Prepare for Your Tax Meeting

Pat yourself on the back! You’ve booked a tax professional to help you with your financial needs. You’re probably feeling a great deal of...

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The Garabedian Group, Inc.

Oct 5, 20234 min read

Find Lost Money

Unclaimed property refers to accounts in financial institutions and companies that have had no activity generated or contact with the...

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How Business Owners Can Improve Cash Flow By Thinking Profit First

The Garabedian Group, Inc.

Sep 27, 20234 min read

How Business Owners Can Improve Cash Flow By Thinking Profit First

Entrepreneurs don't necessarily need to be numbers people in order to succeed: You need drive, passion, the ability and will to follow...

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Mitigating the Effects of Employee Burnout: What You Need to Know

The Garabedian Group, Inc.

Sep 20, 20234 min read

Mitigating the Effects of Employee Burnout: What You Need to Know

Make absolutely no mistake about it: Not only is employee burnout very real, it’s probably costing your business a lot more money than...

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7 Helpful Bookkeeping Tips for E-Commerce Companies

The Garabedian Group, Inc.

Sep 13, 20234 min read

7 Helpful Bookkeeping Tips for E-Commerce Companies

One of the biggest (and most unique) challenges facing e-commerce companies today is due to the uncertain nature of the entire...

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Things To Consider When Starting a Business

The Garabedian Group, Inc.

Sep 7, 20235 min read

Things To Consider When Starting a Business

When you are starting a business, there are several possible business entity types that need to be considered to make sure you get...

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The Garabedian Group, Inc.

Aug 29, 20234 min read

Household Help: Employee or Contractor?

Taxpayers often will hire an individual or firm to provide services at the taxpayer’s home. Because the IRS requires employers to...

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Divorced, Separated, Married, or Widowed This Year? Unpleasant Surprises May Await You at Tax Time

The Garabedian Group, Inc.

Aug 21, 20235 min read

Divorced, Separated, Married, or Widowed This Year? Unpleasant Surprises May Await You at Tax Time

Taxpayers are frequently blindsided when their filing status changes because of a life event such as marriage, divorce, separation, or...

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The Garabedian Group, Inc.

Aug 14, 20236 min read

Have You Gotten Bad Tax Advice?

The U.S. Tax Code is used for more than just collecting taxes. The Government uses it to provide lower-income individuals with social...

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The Garabedian Group, Inc.

Aug 7, 20234 min read

What’s Best, FSA or HSA?

Many employers offer health flexible spending accounts (FSAs) and health savings accounts (HSAs) as part of their employee benefits...

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The Checklist Every Small Business Owner Needs for New Hires

The Garabedian Group, Inc.

Jul 26, 20234 min read

The Checklist Every Small Business Owner Needs for New Hires

Growing your business to the point that you need to start hiring employees is exciting. It’s also rife with administrative burdens you...

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Is a Roth Conversion Right for You? But Be Careful, They Can No Longer Be Undone!

The Garabedian Group, Inc.

Jul 19, 20232 min read

Is a Roth Conversion Right for You? But Be Careful, They Can No Longer Be Undone!

Roth IRA accounts provide the benefits of tax-free accumulation and tax-free distributions once you reach retirement age. This is why...

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The Garabedian Group, Inc.

Jul 12, 20233 min read

A Basic Guide to Taxes for Freelancers

An increasing number of Americans have left the corporate world entirely or are supplementing their income by freelancing. There are many...

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Want to Improve Your Cash Flow? Shorten the Amount of Time it Takes to Get Paid

The Garabedian Group, Inc.

Jul 5, 20233 min read

Want to Improve Your Cash Flow? Shorten the Amount of Time it Takes to Get Paid

To say that things are uncertain right now regarding the economy is, in all probability, a bit of an understatement. Inflation is at...

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