The EFG Blog

The Future of AI in Taxes and Auditing: What It Means for You When most people hear “AI,” they think robots, ChatGPT, or maybe that it’s coming to take everyone’s jobs. And honestly, I’ve seen other tax professionals mention this in fear. But honestly, AI isn’t...

I’ve been noticing something throughout the years, especially among women-owned businesses, so I took to social media to ask: Why are you listing your spouse as a member (a.k.a. owner) of your business? "He helped me set it up and we were supposed to do it together."...

I’ve been hearing this question a lot so I thought I’d answer it for you here in the EFG Blog. If you’ve been wondering, hearing, or even seeing advertisements about turning your LLC into a S-Corporation because it can save you thousands in taxes, take a moment to...

When you’re a small business owner, managing your finances and taxes is not always easy (unless of course you hire The Entrepreneur’s Financial Group 😉). But even I have a secret weapon when it comes to doing your bookkeeping, creating financial statements, tracking...

As your business grows, you might start thinking about hiring a bookkeeper or accountant to help with the financial side of your business. Let’s first discuss what the difference is between a bookkeeper and an accountant. A bookkeeper is someone who helps businesses...

Have a great idea or passion you want to use to turn a profit but not sure where to start? Start here! Don’t get caught up in the fun of starting a business just yet, let’s make sure you’re covered from an accounting and legal standpoint first. Compiled below are...

Investing in cryptocurrency is very enticing, exciting and risky so before you jump in to make your millions make sure you’re not making these 5 mistakes. Ultimately you should have a basic understanding of how crypto currency works and how to find quality coins and...