James E. Heyward CPA

Every month, like clockwork, it happens. You see the notification on your phone or the line item on your bank statement: Intuit QuickBooks or Xero Subscription. It’s usually somewhere between $30 and $90. In the grand scheme of your business expenses, it’s a small drop in the bucket. But it carries a weight far heavier … Read more

It’s a scene played out in thousands of offices every April: A business owner sits across from their accountant (or stares at a Zoom screen), waiting for "the number." When the number finally lands, a tax bill that looks more like a phone number than a manageable expense, the shock sets in. "How did this … Read more

You and your business partner have a great thing going. You're both bringing in clients, splitting expenses, and building something real. But when it comes to how the IRS sees your arrangement: and what that means for your taxes: things get murky fast. Here's the truth: If you're sharing ownership and profits with someone else, … Read more

Let’s be honest: humans are creatures of habit. When we need a haircut, we look for a spot within a ten-minute drive. When we want a coffee, we hit the place on the corner. For decades, that same logic applied to finding a CPA. You’d look for the shingle hanging in the office park down … Read more

If you've been using Stripe, PayPal, or Square to process payments, you've probably heard whispers about 1099-K forms, and chances are, you're confused. You're not alone. Between threshold changes, state-specific rules, and the difference between business and personal transactions, the 1099-K has become one of the most misunderstood tax forms in recent years. Let's clear … Read more

It's mid-February 2026. You're focused on growth, hiring, operations, but here's the thing: the smartest tax moves happen before Q2 starts, not in December when your CPA sends the "we need to talk" email. If you're running a business that's scaling, profitable, or just hitting its stride, now is the time to get your tax … Read more