Insights & News

Expert tax tips, accounting updates, and business resources for small business owners—curated by Cloonan CPA Services.

💬 Let's Chat!

Year-End Tax Moves Every Small Business Should Make Before December 31, 2025

Smart, simple year-end tax moves can help your small business lower its tax bill and start the new year strong. Here’s what to do before December 31, 2025 to maximize deductions, stay compliant, and make tax season stress-free.

Read More

How Contractors Can Track Job Costs & Avoid Tax Surprises

Accurately tracking job costs is the key to higher profits and fewer tax surprises for contractors. Learn how organized bookkeeping can help your construction business control expenses, maximize deductions, and stay tax-ready all year.

Read More

How Small Businesses Should Handle IRS Tax Issues During the 2025 Government Shutdown

Even with the IRS operating at limited capacity during the government shutdown, your small business still has critical tax deadlines and obligations. Here’s what to do now.

Read More

Non-Refundable Personal Tax Credits

Get a quick overview of key non-refundable personal tax credits—what they are, who qualifies, and how they can help reduce your tax bill. Perfect for individuals and small business owners planning for tax season.

Read More

Health Care Industry Insights - Accounting Treatment of Malpractice Claims

Explore key GAAP requirements for accounting and disclosure of medical malpractice claims in the health care industry. Learn best practices for liability recognition, insurance recoveries, and financial statement disclosures.

Read More

Establishing a Financial Accounting Plan

Learn the essential components of a financial accounting plan for small businesses—from bookkeeping and budgeting to tax planning and payroll. See how a solid plan can help you allocate resources, avoid costly mistakes, and maximize your return on investment.

Read More

Operating Expenses vs Capital Expenditures: A Quick Primer to Get Started on Tax Savings

Understand the key differences between operating expenses and capital expenditures, and discover tax-saving strategies for small businesses. Learn how proper classification and smart planning can help you maximize deductions and boost your bottom line.

Read More

Ten Apps to Help Optimize Your Cash Flow

Explore the top apps for small businesses to forecast, manage, and optimize cash flow. See how the right tools can streamline your finances and help you make smarter business decisions.

Read More

Top 7 Strategies for Business Owners and Entrepreneurs to Combat Inflation

Discover practical strategies to help your business manage rising costs and gain a competitive edge during inflation. Learn how proactive planning, smart investments, and expert guidance can strengthen your position in a challenging economy.

Read More

10 Key Financial Metrics for Small Businesses

Discover the top financial metrics every small business should track to drive smarter decisions, improve profitability, and stay ahead of the competition. Learn how real-time dashboards and expert guidance can help you make the most of your financial data.

Read More

Creating Effective Financial Forecasts for Small Businesses

Discover how small businesses can use financial forecasting and what-if analysis to make smarter decisions, predict future performance, and drive strategic growth with the right tools and expert guidance.

Read More

Winning in Business by Being 1% Better Than Your Competition

Discover how small, consistent improvements in financial management can give your business a competitive edge. Learn practical ways to apply the “1% Better” principle to outperform competitors and achieve lasting success.

Read More

Qualifying for the Employee Retention Credit (ERC)

Learn who qualifies for the Employee Retention Credit (ERC), how much your business can claim, and how Cloonan CPA Services can help you secure valuable refundable credits for wages paid during the COVID-19 pandemic.

Read More