Schedule C Deductions for Businesses

It’s almost that time of year again — 1099 season! Before you start panicking and digging through piles of receipts, let’s go over a few quick reminders to make sure your 1099s are accurate and filed on time.

Some big tax updates are coming in 2025 that can help small and mid-sized businesses save money—especially when it comes to buying equipment, investing in growth, and planning for taxes. Here’s what you need to know:

The new tax law—officially known as the One Big Beautiful Bill Act (OBBBA)—brings several important updates starting in 2025. One of the biggest changes? A significantly larger standard deduction, which could lower your tax bill.

But should you still consider itemizing your deductions? Let’s break it down.

As 2025 approaches, it’s the ideal time to review your tax situation, address potential shortfalls, and uncover new planning opportunities.

At Senter CPA, we’re always looking for ways to help you take more control over your finances—with less stress. One of the best tools available today? Your own IRS Online Account.

We are proud to announce that Tracy Sanda has officially passed the Uniform Certified Public Accountant (CPA) Examination—a significant milestone in her professional career.

Okay, maybe that’s a little dramatic. But truthfully, we are fun to hang out with… seriously, you should try it sometime! Your Google review means everything to us. We can crunch numbers, balance books, and make tax season less terrifying than a surprise IRS letter… but when it comes to showing off online, we need your help.

Seven reasons to attend the 2025 Rotary Club of Clarkston Annual Wine & Whiskey Tasting!

If you’re age 70½ or older and have a traditional IRA, you may have heard about Qualified Charitable Distributions (QCDs) as a way to support your favorite charities while potentially reducing your tax bill. With recent changes in the law, including new options for split-interest entities and inflation adjustments to QCD limits, it’s a good time to review the benefits and drawbacks of this strategy.

At Senter CPA, we believe that great accounting isn’t just about numbers—it’s about relationships, communication, and expertise you can rely on. One of the questions we’re often asked is: “How do you decide who works on my account?” We love this question because it shows that clients value the people behind the work. So, here’s a look at why we assign the way we do, and how that benefits you directly.