The holiday season brings generosity, celebration, and connection—but it can also bring financial stress if spending goes unchecked. Taking control of holiday spending is not about depriving yourself or others; it is about intentionality, stewardship, and finishing the season without regret. Below are five practical ways to take hold of your holiday spending while still enjoying the season.   1. Set a Holiday Spending Plan Before You Shop Control starts with clarity. Before making a single...

Why Bookkeeping Is Essential for Proper Tax Reporting Bookkeeping is the backbone of every well-managed business. It provides the financial clarity needed for tax reporting, compliance, and decision-making. Yet, many small business owners underestimate its importance until tax season exposes the gaps. Why Bookkeeping Matters for Tax Reporting Accurate bookkeeping ensures that all income and expenses are properly recorded, classified, and documented throughout the year. This is vital for...

When you sell your primary home, the IRS expects you to report the transaction — but not every sale results in taxable income. Understanding the tax rules surrounding home sales can save you thousands of dollars and prevent unnecessary IRS scrutiny.   When You Must Report the Sale The sale of a home must be reported on your tax return if : You received a Form 1099-S  (Proceeds from Real Estate Transactions), or You have a taxable gain  that isn’t fully excluded under the home sale exclusion...