Gadson and Associates, LLC

10/02/2026

Here are key happenings and announcements from the IRS that you should understand.

Here are recent changes as announced by the IRS that will impact most of us.

09/25/2026

If you're an independent contractor, don't forget to plan for and pay your taxes. Here are some of the basic rules you need to understand.

Get this wrong and it could cost you and/or your employer. Are you a contractor or an employee?

09/21/2026

You've got three years of receipts everywhere. You know it's a mess. But here's what keeps most business owners stuck: they don't know where to start-so they don't start at all.

That paralysis costs you. Missed deductions. Audit exposure. Zero visibility into which clients or products are actually profitable.

The good news? You don't have to fix everything at once. But you do have to know which years matter most-and why.

Let's map your specific roadmap. Book a 15-minute call and we'll show you exactly where to begin.

08/28/2026

Charitable deductions are frequently challenged or denied during an IRS review. Protect your deduction by understanding the documentation and requirements before making a donation.

Too often a charitable tax deduction is disallowed upon review by the IRS. Don't let this happen to you. Here is what you need to know.

08/26/2026

You're probably leaving 10, 20, maybe 30 grand on the table every year-and your 'miscellaneous' expense category is the reason.

Your books look clean. Your revenue is clear. But your profit? It's hiding.

When miscellaneous expenses exceed 5% of your total spend, you can't see which clients, products, or channels are actually profitable. You can't price confidently. You can't grow strategically.

You're flying blind.

The fix? Proper categorization. Real visibility. Numbers you can actually lead with.

Ready to uncover what your profit really is? Let's audit your numbers together.

👇 Book a 15-minute clarity call-no obligation.

08/22/2026

Here's what I see most: business owners running strong operations but no idea how much runway they actually have. That gap costs you sleep and costs your business agility.

Your cash runway isn't doom-it's your stress test. It's the concrete number that tells you whether you can invest in growth, whether a slow quarter is manageable, or whether you need to shift strategy now.

The math is simple. Current cash balance + your average monthly profit − your average monthly burn rate = how many months you can operate if revenue stops tomorrow.

For a service firm doing $80K/month with $40K cash on hand and $60K in monthly expenses (including your salary), you're looking at roughly 2 months. For an e-commerce business with $120K cash, $15K monthly profit, and $25K monthly burn, you're closer to 6.

The owners who know this number make different decisions. They grow differently. They don't panic when Q3 dips.

Calculate yours this week. If it's under 6 months, that's your signal to talk strategy-whether it's cash flow forecasting, margin visibility by product, or a full advisory plan. I'm here to help you turn that number into a plan.

Ready to understand your runway?

08/21/2026

When an interest rate matters. This is what you need to know.

The IRS often sees the transfer of funds as a loan, whether there is a loan agreement or not. This also means there is an implied term and interest payment. When the IRS says a transaction is a loan, what interest rate do they use? Enter AFRs. Here is what you need to know.

08/21/2026

As a business owner, understanding your cash runway is crucial for survival and growth. Do you know your number? 🧮 Here’s a quick breakdown to find it:

1. Total monthly operating expenses
2. Current cash on hand
3. Divide to see how many months you can operate without additional income

Staying on top of your finances means making confident decisions for your business. Let’s explore your cash flow together and set you up for success! What’s your cash runway? 💼💡

08/20/2026

I see this pattern in almost every business I work with: scattered records across multiple accounts, platforms, and payment processors. And here's what most owners don't realize-it's costing you real money.

Not just time. Not just frustration. Real keepable profit.

Missed deductions because you can't track them across five different places. Duplicate payments you don't catch until months later. Tax exposure because your records don't tell a clean story. Margin visibility that's impossible when your revenue and expenses are fragmented.

I've seen businesses recover thousands-sometimes tens of thousands-just by consolidating their records into one clear, reconciled system. Suddenly, you can actually see which products are profitable, which clients are worth your time, and what your true tax liability looks like.

Clean books aren't about checking a compliance box. They're the foundation for confident decisions.

So here's my question for you: What's your multi-account nightmare? Drop it in the comments. I want to hear what you're dealing with-and I'll share what I'm seeing work for businesses like yours.

08/20/2026

I see this scenario play out more often than you'd think: a business owner realizes their books have drifted, and suddenly they're facing a cleanup project that feels overwhelming.

Here's what I've learned after working through 500+ of these situations:

The cost of cleanup isn't just time and money. It's the months you spend without decision-ready numbers. It's the growth decisions you make blind. It's the tax surprises you don't see coming.

And here's the harder truth: the longer you wait, the exponentially more complex-and expensive-the fix becomes.

18 months of unmaintained books? That's a 6-12 week cleanup, $3,500-$7,500 depending on your business type and complexity. But 3 years of commingled accounts and missing receipts? Now we're talking 12-16 weeks and $8,000-$15,000+.

The real cost isn't the cleanup bill. It's the months without clarity.

If your books have been neglected, the sooner you act, the simpler the fix. Let's figure out exactly what your situation looks like-and what it'll take to get you back to decision-ready numbers.

Ready to find out?