Yeto Accounting & Tax PLLC

🚩 Is your business card doing double duty?

Groceries. Netflix. That "business trip" that was really just a vacation.

We see it all the time: personal expenses quietly mixed into business books.

It might not seem like a big deal... until it inflates your expenses, shrinks your profit on paper, and creates real tax exposure with the IRS.

For instance: A business reporting $60K in profit could actually be sitting on $85K; because $25K in personal spending got miscoded as business expenses.

This is #1 in our 10-part series on how your P&L can look healthy and still be wrong.

New one dropping tomorrow. 👀

Think this might be happening in your books? Let's take a look together.
📞 773-937-1264
📧 [email protected]

This is by far one of the most challenging concept business owners need to grasp when it comes to their information system!

There are signs of a broken accounting system...

And, there are also indicators of a good accounting system.

Yet, even veteran business owners cannot tell the difference.

Get in touch for a free diagnostic of your accounting and information system.

Happy Independence Day!

Today, we celebrate the freedom, resilience, and entrepreneurial spirit that continue to shape the American story.

From our team to yours, we wish you a safe, joyful, and meaningful Fourth of July.

Haven’t filed your tax return yet?

The IRS may eventually prepare a substitute return for you.

But here’s the problem:

They won’t be looking for every deduction, credit, or refund you may be entitled to.

They’ll use the information they have — and that could mean a bigger tax bill than necessary.

Don’t let the IRS guess for you.

File your return properly and find out where you actually stand.

Need help catching up? Send us a message today.

Quick reminder: even if someone else prepares your return, it’s still filed under your name.

These are 5 issues we often catch in tax return reviews — and #5 happens the most: not reviewing everything before it’s filed.

Want us to take a look before you submit? Comment REVIEW and we’ll send next steps.

Educational content — not tax advice.

#1099

Most rental property owners don’t get in trouble because they’re trying to cheat the system.

They get in trouble because their return is prepared too loosely—and the Schedule E ends up with one or more items that look questionable.

Here are 7 red flags that jump off the page from the IRS perspective.

Want to avoid costly mistakes? We’ll do a free Schedule E review to confirm whether your return includes any of these issues and what to fix.

Want peace of mind? DM “RENTAL.”

Most tax problems don’t start with fraud.

They start with “small” reporting choices that make your return look questionable—especially on Schedule C.

This carousel covers 7 audit magnets + a bonus (the “too clean” numbers that look estimated).

Swipe and see how the IRS typically interprets each one.

If you’re 1099/self-employed and want peace of mind, DM “SCHEDULE C” and we’ll tell you what needs fixing.