Standard vs Itemized Deduction: What Should I Choose?

For millions of Americans, April 15th (tax day) brings confusion and anxiety. Dealing with the IRS can be unnerving, and even a minor error on your tax return can mean audits, fees, and penalties. If...

Certified Public Accountants (CPAs) are some of the highest trained financial advisors. You can find them in some of the most trusted financial institutions you will work with. In order to receive...

No matter your business or industry, it's imperative to keep solid financial records. This is the one area of business that every enterprise has in common. However, managing to keep records for...

If you're looking to start a business, it's critical to choose the right business entity; and there are a range of factors to consider. Arguably, the most important factor is the tax rate. And with...

The benefits of owning a business are many, yet there is one substantial downside: you're responsible for saving for your own retirement. And unless you're planning on working forever, this is a big...

As a business owner, you have no shortage of responsibilities vying for your attention. Finding enough time to balance the day-to-day of running a business is a job within itself. However, savvy...

The IRS can be intimidating, regardless of your income bracket. And when you are considered to be a high earner or high-net-worth individual, the fear of an audit becomes even more alarming. And...

Cash flow management is not just about ensuring that a company can meet its short-term obligations; it's also a key factor in maintaining long-term viability. By effectively managing cash flow, a...

For most people with a high-net worth, the ultimate goal is to ensure those you care the most about are cared for and provided for—even after you're gone. And the CPAs at MB Group can utilize...