Does money burn a hole in your pocket? If you answered “yes,” don’t worry! You’re not alone! “Nearly one in four (22 percent) U.S. adults said they have no emergency savings” (Bankrate). Hopefully your tax filing was able to yield you a tax refund, so let’s talk about how you can use that money to ensure you're prepared for life's unexpected turns.

Every business needs a robust foundation, and accounting, legal, and financial planning is not just a luxury—it's a necessity. But business owners don’t have to be experts in all these complex areas. At Arete, we understand the intricacies of these critical areas, ensuring your business thrives on a solid, well-rounded base—offering all the services you need in one convenient location.

Among the key pillars of financial management, tax preparation and accounting hold a special place. Tax preparation and accounting are not just administrative tasks; they are the backbone of a small business’s financial health and growth potential.

According to a recent survey, 45% of Americans have a side hustle in addition to their full-time job. In Maricopa County, the formation of businesses rose from 4.7% to 31.9% between 2019-2020. Whether out of necessity or passion, these side jobs will have important tax consequences come April 15.

A reminder to think long-term when you see the markets dive.

Having a year-end estate plan goes a long way in ensuring peace of mind for you and your family. Talk with Arete Financial Solutions today!

For many the end of the year is a whirlwind of shopping, parties, families and fun. But in all the excitement small business owners can’t lose sight of the calendar and the looming last day to make crucial tax moves that could save money.