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U.S. Corporation Income Tax Return
By: Sonia Lee Ng, CPA Date: September 15, 2025 Introduction Form 1120 is used by all C Corporations, including LLCs taxed as...
Sonia Lee
Sep 152 min read
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U.S. Return of Partnership Income
By: Sonia Lee Ng, CPA Date: September 8, 2025 Form 1065 This is an information return that partnerships file to report their income,...
Sonia Lee
Sep 83 min read
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S Corporations Income Tax Return
Summary of Tax Form 1120-S for S Corporations
Sonia Lee
Sep 14 min read
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Get your Small Business Accounting Tax-Ready for 2025
By: Sonia Lee Ng, CPA Date: August 27, 2025 Introduction In this article we summarize accounting aspects that small businesses should...
Sonia Lee
Aug 276 min read
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Business Taxes
Date: August 26, 2024 By: Sonia Lee Ng, CPA Depending on how your business entity is structured to operate determines how it is taxed....
Sonia Lee
Aug 265 min read
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Highlights About the One Big Beautiful Bill Act (OBBBA)
Date: August 7, 2025 By: Sonia Lee Ng, CPA This Bill was signed into law on July 4th, 2025. Public Law 119-21 Disclaimer The information...
Sonia Lee
Aug 256 min read
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Need Accounting Books Cleanup?
Date: November 18, 2024 Cleanup By: Sonia Lee Ng, CPA Many small business owners prefer to do their own bookkeeping, but sometimes if...
Sonia Lee
Nov 18, 20242 min read
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Bank Reconciliation Process
Date: March 4, 2024 by: Sonia Lee Ng, CPA bank document Bank reconciliation is considered a detective internal control since it verifies...
Sonia Lee
Mar 4, 20243 min read
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Internal Controls for Small Businesses
Date: February 26, 2024 By: Sonia Lee Ng, CPA Even though the Sarbanes-Oxley Act of 2002 only applies to publicly traded companies, it...
Sonia Lee
Feb 26, 20244 min read
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Corporate Transparency Act — Beneficial Ownership Information Reporting Requirement
Date: November 14, 2023 By: Sonia Lee Ng, CPA Starting January 1, 2024, a significant number of businesses will be required to comply...
Sonia Lee
Feb 24, 20243 min read
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Navigating the Waters of Personal Finances: A Guide to Home Buying
Keys for a new house Date: January 19, 2024 By: Sonia Lee Ng, CPA, CPFC® In the journey of life, one of the significant milestones for...
Sonia Lee
Jan 19, 20242 min read
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Impuestos de Individuos: Credito del Ahorrador 2023 (Forma 8880)
Fecha: 25 de noviembre de 2023 Crédito tributario por realizar aportaciones elegibles a su cuenta IRA o plan de jubilación patrocinado...
Sonia Lee
Nov 25, 20231 min read
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How to Prepare a Statement of Cash Flows
By: Sonia Lee Ng Published: July 3, 2023 The Statement of Cash Flows The Statement of Cash Flows is a financial report that details the...
Sonia Lee
Oct 4, 20233 min read
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Business Structures
Updated: August 19, 2025 Depending on the nature and business or entity structure, entrepreneurs should become familiar with federal,...
Sonia Lee
Jun 28, 20239 min read
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Herramientas de Contabilidad y mucho más para su negocio
Herramientas de Contabilidad para empresas
22 de mayo de 2019
Sonia Lee
Jun 28, 20235 min read
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The Importance of Savings
By: Sonia Lee Ng, CPA, CPFC ® Updated: 8/19/2025 Many people overlook the importance of saving. Saving is paying ourselves. "Don't save...
Sonia Lee
May 21, 20215 min read
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