Going out on my own as a consultant – how I got my financial house in order
Written by Brittney Burgett, marketing consultant at Burgett Works and Waldman Accounting client When I was laid off from my full-time job with just two weeks of severance, I suddenly had to figure out what came next. I’d always been a W-2 employee — taxes withheld automatically, benefits chosen from a list — and I […]
How Waldman Accounting helps you shop for health insurance
If you’ve ever shopped for health insurance outside of employer coverage, you know how confusing it can be. The options are overwhelming, the fine print is unclear, and it’s hard to know if you’re overpaying—or if your plan will truly protect you when you need it. But here’s what most people don’t realize: the wrong […]
The Waldman Accounting guide to life insurance needs
Life insurance is one of the most important—and sometimes overlooked—parts of a strong financial plan. It provides a financial cushion for your loved ones if the unexpected happens. The proceeds from a policy can pay off mortgage debt, fund your children’s college education, and cover the many day-to-day bills most families face. Despite its importance, […]
Waldman Accounting is now your one-stop shop for insurance and tax planning
We’re excited to share that Waldman Accounting is now licensed to provide integrated life insurance, health insurance, and annuities services alongside your tax planning. We already collaborate closely with you on taxes, so we can now deliver insurance quotes and recommendations efficiently without lengthy form-filling. Most people get insurance advice that misses tax implications. Now […]
Smart benefits, smarter taxes: helping businesses master employer benefits
The team at Waldman Accounting is excited to announce an expansion to our services. We are now licensed to help individuals, families, self-employed professionals, and businesses navigate health and life insurance options. This milestone represents our ongoing commitment to providing holistic guidance that goes beyond traditional bookkeeping, accounting and tax services. For individuals and self-employed […]
Tax law changes ahead: Waldman Accounting’s take on the One Big Beautiful Bill Act
Ian here from Waldman Accounting. I’m reaching out to share a major tax update that could significantly impact your financial planning: the One Big Beautiful Bill Act (OBBBA). This newly introduced legislation brings sweeping changes to both individual and business taxes, some of which could take effect as early as this year. Important: This is […]
Tax deadlines every business owner needs to know (2025)
As a business owner, staying on top of your tax deadlines is crucial for maintaining compliance with the IRS and avoiding penalties. Missing or incorrectly filing a return can lead to costly fines, interest charges, and unnecessary stress. Whether you’re running a partnership, an S corporation, a C corporation, or a single-member LLC, knowing your […]
Take control with mid-year tax planning
Don’t wait until year-end to get your finances in order. Mid-year tax planning gives you a strategic checkpoint to evaluate your financial position, reduce your tax liability, and make informed decisions before it’s too late. June is the perfect time to review your progress and adjust course if needed. Why schedule a mid-year tax review? […]
How do I calculate my business profit and loss statement?
A Profit and Loss Statement (P&L), also known as an Income Statement, is a financial document that summarizes the revenues, costs, and expenses incurred during a specific period, such as a month, quarter, or year. It provides a snapshot of your business’s financial performance by showing whether it has made a profit (net income) or […]
Tax deadlines, penalties and estimated payments — everything you need to know
At Waldman Accounting, we help W2 employees, independent contractors, small business owners, real estate investors, entertainment clients and more navigate their taxes. Whether you stress over estimated taxes or organizing your finances to hit the April 15th tax deadline, we’re here to give you confidence and peace of mind each tax season. The following are […]