News & Insights

Can I Write Off My Dog’s Expenses on My Tax Return?

Let’s face it, we spend a lot of our hard-earned money on our dogs. Dog ownership is a multi-billion-dollar industry! A single dog costs between $700 and $2,000 a year, depending on the breed. Nonetheless, over 50 million…

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We’ve Moved!

Happy New Year! Adams Accounting Solutions is excited to welcome you to our new office in Overland Park, Kansas. After many years in Olathe, we’ve…

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Will You Have to “Pay” for Your Stimulus Check?

Tax season is right around the corner, which means it’s about time to start thinking about 2020 income tax preparation. In fact, your accountant might…

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Should I Worry about Bookkeeping If I Have an Accountant?

Many small business owners are great at doing what they love. In fact, they’re so good at it that it turns into a full-time business….

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Planning on Deducting Home Office Expenses? Not So Fast!

With COVID-19 shutting down or significantly reducing the number of employees allowed inside office buildings, many employees are now getting a taste of what it’s…

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PPP Loans: Another About-Face?

The confusion continues for some businesses that took advantage of PPP loans to get through the COVID-19 pandemic this year. The pandemic is lasting longer…

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Get Ready for Year-End Reporting

With the end of 2020 fast approaching, it’s not a bad idea to start preparing for your year-end reporting needs. Preparing year-end financial statements not…

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What You Need to Know about Quarterly Estimated Tax Payments

The notion of paying quarterly estimated tax payments is daunting for many small business owners. The self-employed are particularly nervous when each new quarter rolls…

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Anticipating a Pinch from the PPP

Many small businesses saw the CARES Act – especially the Paycheck Protection Program or PPP – as a gift. With the implementation of this program,…

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