What Are Sweep Accounts? In the following guide, we cover everything you need to know about sweep accounts. You’ll learn what they are, how they work, and why you should consider using them for your childcare business, especially when it comes to managing child care cash. Managing your child care cash with sweep accounts can help boost efficiency and earnings. read more.

10 Ways to Increase Profitability for Your Childcare Business    Growing a more profitable childcare business is possible with the right financial strategies. In the following article, we provide an overview of ten actionable ways to increase profitability for your ECE business. Get started with these tips to increase your childcare company’s profitability.  Optimize Your Staff Schedule Two common profit-busters read more.

What is an accountable plan, and how can it help you maximize tax deductions for your childcare S-corp? read more.

Here Are 4 Quarterly Conversations You Should Be Having with Your Childcare Accounting CPA  Building a relationship with your childcare accounting CPA is key to helping your small business grow and thrive. At a minimum, you need to be checking in with your accountant on a quarterly basis if you want to give them a clear picture of the financial read more.

Did you ever wonder how extremely high-net-worth individuals and families manage their wealth? The key to the complex and comprehensive wealth management needs of high-net-worth individuals is a family office. read more.

When it comes to selecting a health savings tool for your family, you have a few great options. In the following guide, we provide a basic overview of Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), and Flexible Spending Accounts (FSAs). read more.

Guide to Education Credits: American Opportunity Tax Credit and Lifetime Learning Credit The IRS provides education tax credits to help with the cost of higher education by reducing the amount of tax you owe on your tax bill. In the following guide, find out what you need to know about the American Opportunity Tax Credit (AOTC) and Lifetime Learning Credit read more.

Childcare Accounting Tax Deductions & Travel Expenses Does your Early Childhood Education business require you to travel? Check out the following guide to tax-deductible childcare accounting travel expenses. We cover what business-related travel expenses are deductible and how to claim the deductions on your annual tax return.  According to the IRS, business travel expenses are the ordinary and necessary expenses read more.