As a business grows and priorities shift, the books slowly fall out of sync. Transactions get categorized “well enough,” reconciliations get postponed, and financial reports become something you glance at instead of rely on. It’s not because anyone is careless. It’s because running a growing business leaves little room for financial maintenance.

Watching a championship game isn’t just about the final score. What stands out most is how calm and controlled everything feels, even in the moments where the stakes are highest. Players know what they’re responsible for, the plan is clear, and when adjustments need to happen, they do so without panic or chaos.

We see this every year. Smart, capable business owners who are juggling a lot and doing their best to keep things moving forward. The business is growing, priorities are shifting, and bookkeeping often becomes something that’s “good enough for now.” Then tax season arrives, the pressure ramps up, and those small gaps in the books quietly turn into bigger, more stressful tax issues. The reassuring part? These situations are incredibly common—and fixable. With the right systems, and the right support, most tax headaches can be avoided long before a return is ever filed.

Running a business asks a lot of you. Some days it’s strategy and vision. Other days it’s putting out fires, making payroll, or trying to remember where the latest version of the budget lives. And then there’s the accounting, the part that’s essential but often the easiest to push to the bottom of the list. That’s where managed accounting services can make a meaningful difference. 

The One Big Beautiful Bill Act (OBBBA) brings several upcoming changes to how charitable gifts are treated for tax purposes. Since most of those rules begin in 2026, there’s still time to use the current laws to your advantage. The right timing could make a meaningful difference in both your giving and your tax picture. 

Starting September 30, 2025, the IRS will stop accepting or issuing paper checks for nearly all payments including refunds, estimates, and trust filings. If you or your business still relies on mailing payments or receiving checks, it’s time to switch to electronic options. This post breaks down who’s affected, what to do next, and how we can help you stay ahead of the change.

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduces a range of changes that impact employers particularly around payroll, benefits, and tax reporting. We’ve reviewed the legislation and highlighted what you need to know as an employer.

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, is packed with changes that affect how businesses report income, manage expenses, and plan for growth. From deductions and depreciation to reporting thresholds and clean energy incentives, this legislation goes far beyond research and development.

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, includes a range of tax changes aimed at working individuals, families, retirees, and anyone earning variable income like overtime, tips, or gambling winnings. Many of these provisions start in 2025, with additional updates coming in 2026.

Washington’s 2025–2027 state budget introduces significant tax changes, including a higher capital gains rate, expanded sales tax on services, and increases to B&O and property taxes. Find out what’s changing, when it takes effect, and how to prepare.

Most people think of HSAs as a place to pay for medical bills, but they’re so much more than that. If you qualify, a Health Savings Account can reduce your taxes, grow tax-free, and fund future healthcare expenses, all while working as part of your long-term financial plan.

Charitable giving can be a powerful tool for both making an impact and optimizing your financial strategy—but the way you give matters. Whether you’re considering a private foundation, a donor-advised fund, a charitable trust, or donating appreciated stock, each option offers unique benefits. The key is finding the right fit for your goals, your tax strategy, and your long-term legacy. Let’s break down your options and help you make the most of your giving.

Your tax withholding isn’t just about your paycheck—it’s a key part of your financial strategy. Withholding too much? You’re giving the IRS an interest-free loan. Too little? You could face an unexpected tax bill. Learn how to optimize your withholding to keep more of your money working for you all year long.

Every year, taxpayers leave money on the table by missing out on deductions and credits they qualify for. From charitable donations to business tax breaks, knowing what’s available can mean big savings. In this Deep Dive, we highlight the most overlooked tax-saving opportunities—so you can maximize your return and minimize surprises.

Saving for retirement is about more than just setting money aside—it’s about making tax-smart moves that maximize your savings and minimize your tax burden. Whether you're choosing between Roth vs. Traditional accounts, increasing contributions, or leveraging employer matches, the right strategy can set you up for long-term financial success. Learn how to make the most of tax-efficient retirement savings in our latest Deep Dive.

Proactive planning is the key to avoiding tax surprises in 2025. Discover smart strategies for individuals and business owners to stay prepared and thrive this tax season with The Purple Group’s expert guidance.

Set your business up for success in 2025 with The Purple Group’s Top 5 Tax Tips for Business Owners! From maximizing bonus depreciation and Section 179 deductions to reevaluating your business entity type, these actionable tips are designed to help you save money, optimize operations, and plan for long-term growth. Let’s make 2025 your most financially successful year yet!

Start 2025 on the right foot with proactive tax planning! At The Purple Group, we’ve outlined the Top 5 Tax Tips to help you save, simplify, and achieve your goals. From maximizing retirement contributions to making strategic charitable donations, these actionable tips will ensure your tax strategy works for you this year. Let’s make 2025 your most financially successful year yet!

Making big decisions can feel overwhelming, especially when you’re deep in the details of your business or life. That’s where a neutral third party comes in—offering clarity, strategy, and objective advice tailored to your unique needs. Whether you’re a business owner, executive, or investor, having a trusted advisor in your corner can make all the difference.

Ready to make the most of your 2024 tax strategy? With Bonus Depreciation and Section 179, you can significantly reduce your tax liability while reinvesting in your business. In this guide, we break down how these powerful deductions work, who they benefit, and why acting in 2024 is crucial before the rates decrease. Discover how to strategically use these tools to fuel your business growth and stay ahead of tax changes.