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MB Group

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Pros and Cons of Using QuickBooks Online

Posted by MB Group on Sep 14, 2021 10:48:00 AM

Today, a stunning 3.2 million people in the United States and 1.3 million internationally utilize QuickBooks Online (QBO). This very popular online accounting software package is designed to primarily help small and medium-sized businesses manage their finances. And if you're considering using QuickBooks Online, it's imperative you have an in-depth understanding of the pros and cons of this solution. Let's take a closer look at the pros and cons of QuickBooks Online. 

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Simple Guide to Tax Planning for Attorneys

Posted by MB Group on Aug 30, 2021 9:58:00 AM

As an attorney, you specialize in helping your clients navigate matters of the law. But managing the accounting and tax planning for your firm may be an entirely different story. Because tax laws can be time-consuming, change often, and are virtually impossible for you to stay up to date with, savvy lawyers turn to the MB Group for specialized tax planning for attorneys. 

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What Technology Purchases can be Tax Deductible

Posted by MB Group on Aug 16, 2021 3:55:00 PM

Whether you're just getting started, entering a period of growth, or looking to streamline processes, technology should be a critical component of your strategy. And if you're looking to purchase new technology for your business, it makes sense for you to strategically do so through the lens of tax deductibility. Fortunately, there are many ways — with proper planning through a tax planning professional — to invest in the future of your business while reducing tax liability. Let's take a closer look at the tax-deductible technology purchases you may be eligible to make. You should, however, always consult with your tax planning professional before making the purchase to ensure it applies to your business. 

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Key Retirement Planning Tips for The Self Employed

Posted by MB Group on Jul 29, 2021 2:08:00 PM

Being a business owner or being self-employed opens the door to a vast range of benefits. You will have more autonomy and control over:

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Why Your Law Firm Should Outsource Bookkeeping

Posted by MB Group on Jul 12, 2021 1:36:00 PM

As an attorney, you specialize in matters of the law and in helping protect the rights of your clients. And while you may have been able to handle your bookkeeping and accounting in the beginning, the growth of your firm necessitates the implementation of more strategic solutions, such as outsourced bookkeeping. 

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American Rescue Plan Act: What You Need To Know

Posted by MB Group on Jun 26, 2021 4:00:00 PM

In March earlier this year, President Biden signed the American Rescue Plan (ARP) Act. The American Rescue Plan Act is designed to breathe life into the small business community by providing substantial relief. This monumental $1.9 trillion coronavirus relief bill allocates new funds as well as tax credits to help small businesses that may be struggling. While the bill can seem confusing at first glance, we've broken down the top things you need to know about the American Rescue Plan Act. Read on to learn more and don't hesitate to reach out to the team at the MB Group for tailored support and guidance. 

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Risk Management for Real Estate

Posted by MB Group on Jun 14, 2021 3:45:00 PM

Investing in real estate, similar to any other endeavor, comes with a unique set of risks. And many of these risks are simply out of your control. For example, quickly changing demographics can be the difference between a successful commercial and residential real estate venture versus one that fails to meet expectations. 

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Top 5 Accounting Mistakes to Avoid

Posted by MB Group on Jun 4, 2021 4:45:00 PM

As a business owner, you wear many hats and have a lot on your plate. With so much to consider, it's easy to make mistakes. But some mistakes can be much more costly than others, especially when they are accounting mistakes. Let's take a closer look at our top accounting mistakes to avoid. 

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Beware These 5 Hidden Costs of In-House Accounting

Posted by MB Group on May 28, 2021 3:30:00 PM

If you're considering in-house accounting vs outsourced business accounting, it most likely means your business has grown. In addition to increased revenues, growth also means increased financial requirements. And because you may not have the expertise, time, or willingness to manage your accounting, you may be considering whether to hire a full-time in-house accountant vs outsourcing to a qualified accounting firm. But before you make a decision, make sure you understand the real costs associated with hiring an in-house accountant. Read on to learn the five often-overlooked costs of hiring an in-house accountant. 

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IRS Audit Triggers Real Estate Investors Need to Know

Posted by MB Group on May 18, 2021 10:30:00 AM

While the average real estate investor can earn anywhere from $70,000 up to $124,000, the possibilities are virtually endless. And the more you earn, the higher your real estate tax obligations will be. Because of this, it's imperative you have a solid tax planning strategy to limit your tax liability. Fortunately, you don't have to do it alone. 

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Our mission is to be a leader in providing businesses with solution-oriented accounting services while preserving traditional values in an evolving technological and regulatory environment.


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Over the last several years, we have steadily grown to serve over 600 business owners, solopreneurs, and high net worth individuals.

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