What is it? A general ledger is a master financial document that accounts for all of a company’s debit and credit transactions in opposing sections. The reason for a general ledger is to get a full grasp of a company’s financial wellness. A general ledger can be used...

As a small business owner, you want to take advantage of all of the possible opportunities for saving money. Luckily, there is a way here in Kentucky to save money on your taxes through the Kentucky Small Business Tax Credit (KSBTC). This incentive may give your...

In this article, we’ll break down what a tax deduction is, what a tax credit is, and how to tell the difference.  Choosing one or the other can be tricky, but the professionals here at Riedel-Hogan are ready to help you make the most financially beneficial decision....

The government gets millions of dollars each year from tax-payers who don’t get the refund that they deserve.  Opting to do your own taxes can place you at greater risk of missing out on these valuable deductions.  Here are the most commonly overlooked tax deductions:...

Three court-appointed experts recently determined that billionaire Robert Brockman is competent to stand trial in the largest tax-evasion case in U.S. history. Robert claims to have dementia after being convicted of evading taxes on $2 billion in income and money...

Emails can be a detriment to a planned productive day. You receive a new email notification, and you tell yourself that answering this one email will not take much time. Before you know, two hours have passed, and a large portion of the day is lost. Or, the inbox is...