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5% or $255? Understanding Which IRS Penalty Applies to Your Business

July 30, 2026 by James E. Heyward CPA

At Heyward CPA, we believe that your past financial records shouldn't be an anchor holding back your future growth. For many entrepreneurs, the weight of unfiled business tax returns feels like a shadow following every strategic move. You want to scale, you want to hire, and you want to innovate: but there is a nagging … Read more

Categories Accounting and Bookkeeping

Unfiled Business Returns: A No-Judgment Guide to Getting Current

July 28, 2026 by James E. Heyward CPA

At Heyward CPA, we know that life happens. We’ve seen it all: the growth spurts that leave you breathless, the personal emergencies that pull you away from the desk, and the simple, human overwhelm of trying to wear every hat in your business. If you’ve fallen behind on your business tax returns, the first thing … Read more

Categories Accounting and Bookkeeping

7 Mistakes You’re Making with 2026 Tax Planning (and How to Fix Them)

July 23, 2026 by James E. Heyward CPA

It’s July 2026. The sun is out, the coffee is hot, and if you’re like most growth-minded business owners, your mind is probably on summer vacations or scaling your next big project. But here’s a reality check: We are officially halfway through the year. At Heyward CPA, we have a saying: "You can't drive a … Read more

Categories Accounting and Bookkeeping

From Bookkeeping to Business Growth: How Your Financial Data Fuels Smarter Decisions

July 21, 2026 by James E. Heyward CPA

For many small business owners, the word "bookkeeping" conjures up a specific, somewhat draining image: a shoebox full of crumpled receipts, a looming tax deadline, and the nagging feeling that you’re just trying to keep your head above water. You do it because you have to: for the IRS, for your bank, or for your … Read more

Categories Accounting and Bookkeeping

5 Steps to Find Your Northstar Number (Easy Guide for Growth-Minded Entrepreneurs)

July 1, 2026 by James E. Heyward CPA

Welcome to Q3! If you're a small business owner, you know that the middle of the year isn't just about surviving the summer heat: it's about setting the stage for a powerhouse finish. At Heyward CPA, we talk to growth-minded entrepreneurs every day. Whether you’re running a thriving law firm, managing a busy daycare, or … Read more

Categories Accounting and Bookkeeping

Revenue is a Vanity Metric: Discover Your Northstar Number

June 17, 2026 by James E. Heyward CPA

The Northstar concept resonates because it goes beyond spreadsheets and tax codes. It gets to the reason you started your business in the first place, and spoiler alert: it probably wasn't just to generate a massive revenue number that looks cool on a slide deck but leaves your bank account feeling empty. So here’s the … Read more

Categories Accounting and Bookkeeping
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