Scissortail Resource Group, LLC

New Year, New Goals! ​​​​​​​​​​​​​​​​​​What resolutions are you making to level up yourself and your business in 2023?

Let's make 2024 your best year yet! Let's go!

You're putting value out there, serving your customers and making an impact, and for that, you should give yourself a pat on the back, raise a glass and celebrate all that you've achieved in 2023!​​​​​​​​​​​​​​​​​​Tag your friends below!

Don't miss these commonly overlooked business tax write-offs!​​​​​​​​​​​​​​​​​​Keep more of the money your business makes and achieve your income goals faster by maximizing your deductions.

Schedule a call to learn more about how we can help!

We help simplify your bookkeeping and tax needs so you can get back to running your business!​​​​​​​​​​​​​​​​​​More than just Bookkeeping, we've helped our clients Increase profitability,
meet and exceed business goals while helping them save the most in taxes!

To learn more, schedule a call.

Big decisions, whether personal or professional, come with tax implications.​​​​​​​​​​​​​​​​​​Consulting with a tax advisor before making significant business decisions is crucial.

Your tax advisor can provide valuable insights to ensure you navigate these changes with financial wisdom.

Let us help you get started on the right foot. Contact us today.

If you are a contract worker, freelancer, or self-employed and don’t have an employer to withhold your taxes, just like everyone else, you still must pay your taxes.​​​​​​​​​​​​​​​​​​It’s your responsibility to know what they are, when to pay them, and how much to pay. Because of this, you may need to pay quarterly taxes.

According to the IRS, you must pay an estimated quarterly tax if you pass the following 2-part test:

1. You are expected to owe at least $1,000 in taxes on your income.

2. The amount of taxes you’ve withheld (tax withholding usually happens through payroll) and refundable credits will be less than the smaller of:
- 90% of your prior-year tax liability, or
- 100% of your tax liability two years prior.

Point two sounds confusing, which is why we can’t stress enough - consider working with a tax professional.

If you need more support or have more questions, schedule a call with us today!

As we approach the end of the year, we want to extend a heartfelt THANK YOU to all our amazing clients and supporters!​​​​​​​​​​​​​​​​​​We couldn't have made it through the past year without everyone's incredible support!

Wishing you all a joyful holiday season and a prosperous New Year!

Business Owners: Here's your Goal-Setting Checklist to conquer the new year!​​​​​​​​​​​​​​​​​​Let's make 2024 extraordinary together! We help business owners feel confident in their business decisions and "know your numbers".

Ready to move ahead with clarity and focus on business growth? Schedule a call with us today!

Staying focused in the midst of the hectic holiday season can seem like a daunting task.​​​​​​​​​​​​​​​​​​You have that huge list of things to do outside of work, so how can you focus and stay productive?

Here are 5 tips to increase productivity during the holidays so you can enjoy yourself and still get things done.

What's your go-to productivity tip during the festive season?

As a business owner managing fixed assets, you'll need to maintain various paperwork and documentation to ensure accurate accounting, and compliance.​​​​​​​​​​​​​​​​​​Here's a list of important paperwork for fixed assets:

1. Documentation for each fixed asset purchase, including invoices or receipts.

2. A detailed record or register that includes information about each fixed asset, such as its description, purchase date, cost, useful life, and depreciation.

3. A schedule outlining the depreciation method used and the annual depreciation expense for each fixed asset. This helps in calculating the asset's book value over time.

4. Documents proving ownership, such as bills of sale or transfer documents, are essential for establishing the business's rightful ownership of fixed assets.

5. Copies of warranties and maintenance agreements, if applicable, provide important details about asset maintenance and repair.

5. Copies of insurance policies covering fixed assets help protect against potential losses due to damage, theft, or other unforeseen events.

Found this helpful? Follow us for invaluable business insights and expert bookkeeping tips.

If tax prep seems overwhelming, do one thing NOW to get ready, such as organizing one file or document or opening a business checking account.​​​​​​​​​​​​​​​​​​Taking these steps now sets the stage for a smooth tax season ahead!

Looking for help getting your small business finances in order?

Let's chat! We're accepting new clients for the upcoming tax season!

The REALITY is that success isn't always a straight line from point A to point B! It usually looks more like a squiggly line with some ups, downs, troubles, and failures along the way. ​​​​​​​​​​​​​​​​​​But if success is a journey filled with twists, turns, and unexpected detours, is it possible to make the journey smoother?

The key lies in our attitude towards achieving success and how we deal with obstacles.

The first step is to get clear about the end-goal and your definition of success.

How has your unique journey shaped your definition of success? Share it with us below!