Account for Data, LLC

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"Money talks… mine just says goodbye.’

I work with creative agency owners to turn inconsistent revenue into predictable profit using strategic accounting and tax planning. 😊 CPA = Can Prevent Anxiety (especially during tax season).
✅ I untangle bookkeeping, accounting, and tax prep so small business owners can actually enjoy their business (or at least their coffee).
🎉 Saving you from the ‘oops’

in QuickBooks, the ‘ouch’ in tax season, and helping you with the strategy to grow your business stress-free.

When you’re busy running a business, it’s easy to overlook or dismiss the warning signs of financial distress. Rising em...
06/03/2026

When you’re busy running a business, it’s easy to overlook or dismiss the warning signs of financial distress. Rising employee turnover can signal internal strain. Cash flow issues may indicate slow collections or weak working capital practices. And sudden external shifts — such as interest rate volatility, cost increases or supply chain disruptions — can take a toll on otherwise healthy businesses. Supplementing your company’s year-end financial statements with interim reports or targeted agreed-upon procedures can help you spot problems early and take prompt corrective action. Contact us at (888) 231-4738 to learn more.

If you own foreign assets and fail to properly address them in your estate plan, unexpected tax outcomes can result. For...
06/02/2026

If you own foreign assets and fail to properly address them in your estate plan, unexpected tax outcomes can result. For example, if you’re a U.S. citizen, your worldwide assets are potentially subject to federal gift and estate taxes, regardless of where you live or where the assets are located. So, if you own assets in other countries and the assets are subject to estate, inheritance or other death taxes in those countries, there’s a risk of double taxation. Call us at (888) 231-4738 to learn more about how to properly account for foreign assets in your estate plan.

Are you behind on federal tax payments or worried about defaulting on an IRS installment agreement? You might have more ...
06/01/2026

Are you behind on federal tax payments or worried about defaulting on an IRS installment agreement? You might have more options than you realize. If your finances have changed, the IRS may let you adjust your payment plan to lower monthly payments or a new schedule. If your agreement is terminated, you can request reinstatement. You can also consider an offer in compromise, which may allow you to settle for less than you owe. If you’re facing serious financial trouble and can provide evidence of undue hardship, the IRS sometimes allows up to six months to pay. It helps to act early. Call us at (888) 231-4738 with questions.

Does your business provide complimentary on-site food and beverages for employees? The rules for deducting certain busin...
05/29/2026

Does your business provide complimentary on-site food and beverages for employees? The rules for deducting certain business meals have changed. Beginning in 2026, employers generally can’t deduct 1) meals treated as de minimis fringe benefits, or 2) employer-provided meals that are excludable from an employee’s income and provided for the employer’s convenience on business premises. For the 2025 tax year, generally the former were 100% deductible and the latter were 50% deductible. Contact us at (888) 231-4738 to discuss whether this change will affect your company and how to plan accordingly.

Beginning July 4, 2026, parents, grandparents and others can contribute to Trump Accounts (TAs) for the benefit of eligi...
05/27/2026

Beginning July 4, 2026, parents, grandparents and others can contribute to Trump Accounts (TAs) for the benefit of eligible children. Certain children born 2025–2028 may also qualify for a $1,000 starter deposit from the federal government. TA contributions are generally limited to $5,000 per year (not counting the government deposit) and aren’t tax deductible. But earnings grow tax-deferred. At age 18, the TA will become a traditional IRA. For education goals, options like 529 plans may be better, because qualified education withdrawals are tax-free. Contact us at (888) 231-4738 to discuss what fits your family.

The stepped-up basis rules can reduce capital gains tax for family members who inherit your assets. Under these rules, w...
05/26/2026

The stepped-up basis rules can reduce capital gains tax for family members who inherit your assets. Under these rules, when your loved one inherits an asset, its tax basis is “stepped up” to its fair market value at the time of your death. If the heir later sells the asset, he or she will owe capital gains tax only on any appreciation after your date of death, rather than on the entire gain since you acquired it. Investment accounts, business interests, real estate and personal property are among the assets affected by the stepped-up basis rules. Call us at (888) 231-4738 for details.

An IRS levy is a legal action that allows the agency to seize your property to pay a tax debt. This can include taking f...
05/25/2026

An IRS levy is a legal action that allows the agency to seize your property to pay a tax debt. This can include taking funds from your bank accounts, garnishing your wages or claiming other assets, such as your car or house, to cover your tax balance. Levies don’t happen without warning. They generally happen after multiple notices and missed deadlines. Additionally, the IRS must send you a Final Notice of Intent to Levy and give you the right to request a hearing. If you receive notice of a levy, don’t ignore it! Acting quickly may help you prevent or release a levy. We’re here to help. Call us at (888) 231-4738.

The IRS has issued final regulations on the tax deduction for qualified cash tips. The legislation commonly known as the...
05/22/2026

The IRS has issued final regulations on the tax deduction for qualified cash tips. The legislation commonly known as the “One Big Beautiful Bill Act” created the deduction of up to $25,000 per year for 2025 through 2028. Qualified tips generally refer to cash tips received by an individual in an occupation that “customarily and regularly” received tips on or before Dec. 31, 2024. The final regs list more than 70 eligible occupations. In addition to occupations previously listed in the proposed regs, the final regs add visual artists, floral designers and gas pump attendants. The final regs also provide clarifications to the definition of a qualified cash tip. For more details, call us at (888) 231-4738.

Reconciling.This is where you make sure your books actually match your bank account.At the end of every month, the cash ...
05/21/2026

Reconciling.

This is where you make sure your books actually match your bank account.

At the end of every month, the cash your accounting software shows should match your bank statement — exactly.

If it doesn't, something is off.

Now — small differences can be normal: — a check that hasn't cleared yet — a deposit that hasn't hit the bank — a timing difference at month end

That's okay. As long as you can explain it.

If you can't? That's where the problem is.

And it's not just your bank account. Old loan balances still sitting on the books after they've been paid off. Payroll liabilities that don't tie back to anything real. Receivables that don't match what's actually owed.

Everything on your Balance Sheet should connect to something real.

Because if your Balance Sheet doesn't make sense — your numbers as a whole can't be trusted.

This is Part of the monthly process I walk agency owners through. The full toolkit — including a free checklist — is at the link in bio. 👉 creativebizcpa.com/creative-ceo-toolkit

In today’s uncertain markets, maintaining an adequate cash reserve provides much-needed financial stability for your bus...
05/20/2026

In today’s uncertain markets, maintaining an adequate cash reserve provides much-needed financial stability for your business. You can access these funds to meet seasonal needs, cover equipment breakdowns and other expenditures, and pursue growth opportunities. But excessive “rainy day” funds could be an inefficient use of capital. After determining your company’s optimal cash balance, consider repurposing any surplus. For example, you might use the excess funds to invest in short-term marketable securities or repay high-interest debt. We can help evaluate your working capital needs and strengthen your balance sheet. Call us at [%Phone] to discuss.

Address

Birmingham, AL
35203

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
Saturday 9am - 2pm

Telephone

+18882314738

Website

https://creatives.accountfordata.com/creative-ceo-toolkit,

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