Redmond Accounting Inc

Nikki Smith

hidden tax advantages

The Hidden Tax Advantages of Professional Corporations for Attorneys

The Hidden Tax Advantages of Professional Corporations for Attorneys Most attorneys spend their careers advising clients on complex legal structures, yet when it comes to their own practice, many default to the simplest entity option without fully exploring what they might be leaving on the table. If you’re operating as a sole proprietor or even […]

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Misclassifying Employees

The Real Cost of Misclassifying Employees vs. Contractors

The real cost of misclassifying employees vs. contractors   On the surface, classifying a worker as an independent contractor rather than an employee can look like a straightforward cost-saving move. No payroll taxes. No benefits. No overtime liability. For many businesses, especially fast-growing ones, contractor arrangements feel like financial flexibility. But misclassification is one of

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hidden tax advantages

How Law Firms Can Use Financial Reporting to Improve Partner Profitability

How Law Firms Can Use Financial Reporting to Improve Partner Profitability   For most law firms, profitability isn’t just about billing more hours, it’s about understanding exactly where value is being created and where it’s quietly slipping away. Yet many firms still rely on end-of-year summaries or high-level revenue figures that obscure more than they

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Intuit and Anthropic

Intuit and Anthropic Just Partnered Up: Here’s what it means for your business finances

Intuit and Anthropic Just Partnered Up: Here’s what it means for your business finances Artificial intelligence is actively reshaping the tools your business uses every single day. And one of the most significant developments in that space just landed: Intuit, the company behind QuickBooks, TurboTax, and Credit Karma, has announced a major partnership with Anthropic,

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Quickbooks Classic View

QuickBooks Classic View is Going Away: What It Means and How to Adapt

The End of Classic View Is Here If you’ve been holding onto the QuickBooks Classic View, the countdown is officially on. Intuit has announced that after May 22, users will no longer have the option to toggle back. The new interface will become the standard experience for everyone. For many long-time users, this change may

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Capital One Acquires Brex

Capital One Acquires Brex for $5.15B: What the Deal Means for Banking and Fintech

Capital One Acquires Brex.  In a bold strategic move that underscores the growing convergence of traditional banking and fintech innovation, Capital One Financial Corporation announced its intention to acquire the corporate finance and payments platform Brex in a deal valued at approximately $5.15 billion. This acquisition, set to close by mid-2026 pending customary regulatory approvals,

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New Expensify Home Tab

New Expensify Home Tab and Insights Analytics: Smarter Expense Management for Growing Businesses

Introducing the New Expensify Home Tab and Insights Analytics Expense management has evolved far beyond snapping photos of receipts and reimbursing employees. Today’s businesses want visibility, automation, and actionable financial data. With the introduction of the new Expensify Home tab and Insights analytics, Expensify is moving beyond basic expense reporting into a more strategic financial

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Quickbooks Reports

From Transactions to Insights: Using QuickBooks Reports for Smarter Decisions

From Transactions to Insights: Using QuickBooks Reports for Smarter Decisions   Most business owners start using QuickBooks for one reason: to keep the books clean and stay compliant. They want invoices sent, bills paid, payroll tracked, and taxes handled without chaos. But once your bookkeeping is consistent, QuickBooks becomes something much more valuable than a

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