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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.

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From the Blog

01.15.2025 03:20

Small business strategy: A heavy vehicle plus a home office equals tax savings

New and used “heavy” SUVs, pickups and vans placed in service in 2025 are potentially eligible for big first-year depreciation write-offs. One requirement is you must use the vehicle more than 50% for business. If your business usage is between...

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01.13.2025 07:14

How companies can better control IT costs

Most small to midsize businesses today are constantly under pressure to upgrade their information technology (IT). Whether it’s new software, a better way to use the cloud or a means to strengthen cybersecurity, there’s always something to spend more money on....

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01.13.2025 09:15

Making the Switch: How to Transition Accounting Firms Seamlessly After Bench’s Closure

Making the Switch: How to Transition Accounting Firms Seamlessly After Bench’s Closure

During the usually jubilant week between Christmas and New Year's, Bench, a Canada-based accounting startup, shut down abruptly, giving no prior notice to its employees or more than 12,000 clients (down from a purported 35,000 at its peak). Reasons cited...

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01.08.2025 03:20

Growing the business means supporting your managers

Many different shortcomings can hold back the growth of a company. Some are obvious, such as poor cash flow management or flawed strategic plans. Others aren’t so easy to see. Take, for example, disjointed or under-supported managers. If you don’t dedicate...

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01.07.2025 02:19

How Section 1231 gains and losses affect business asset sales

When selling business assets, understanding the tax implications is crucial. One area to focus on is Section 1231 of the Internal Revenue Code, which governs the treatment of gains and losses from the sale or exchange of certain business property....

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01.06.2025 10:56

Bench Closing: How Switching Accounting Firms Can Boost Your Business

Learn about the benefits and steps of switching accounting firms, particularly in the wake of the Bench acquisition by Employer.com, and how to navigate this unexpected change smoothly.

Recently, the accounting startup Bench was acquired by Employer.com immediately after the company suddenly and unexpectedly shut down. While Employer.com will dedicate resources to reviving Bench's infrastructure and assist customers with logging back and accessing their data, this came as...

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01.01.2025 03:20

Understanding the Work Opportunity Tax Credit

  According to the U.S. Bureau of Labor Statistics, the unemployment rate continues to be historically low, ranging from 4.0% to 4.3% from May to November of 2024. With today’s hiring challenges, business owners should be aware that the Work...

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12.30.2024 07:14

Companies can shine a light on financial uncertainty with flash reports

Managing the financial performance of your business may sometimes seem like steering a ship through treacherous waters. Perhaps your voyage goes smoothly for a while until, quite suddenly, you hit a concerning dip or abrupt swell — either of which...

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