Harley M. Sherman, CPA

Harley M. Sherman, CPA A CPA firm, specializing in individual and small business taxation and business issues. We take time to listen to our clients to minimize taxes and risk.

Specializing in income tax preparation and planning for individuals, families and small businesses. We are successful in recovering money from the IRS, work with our clients on Tax Planning to reduce income taxes. We also ensure prior years' Tax returns were prepared correctly. Harley has over 20 years of experience in personal income tax, home-based budgeting, small business start-up activities,

accounting and income tax issues. He has been responsible for servicing clients in the medical, food service, real estate, governmental, and construction industries. He has an extensive background in accounting and auditing of Federally and privately funded construction projects and has attested on over $3 billion of construction projects, including Davis-Bacon Act and Disadvantaged Business Enterprise requirements.

📌 SAVE THISBefore you meet with your CPA, have these ready:✔️ Income records✔️ Expense records✔️ Bank statements✔️ Finan...
09/03/2026

📌 SAVE THIS

Before you meet with your CPA, have these ready:

✔️ Income records
✔️ Expense records
✔️ Bank statements
✔️ Financial statements
✔️ Major purchases
✔️ Questions you want answered
✔️ Your financial goals

A CPA meeting shouldn't just be:

"Here's my paperwork. See you next year."

Use the conversation to understand what your numbers are telling you.

💾 Save this for your next meeting.

💡 DID YOU KNOW?A high-revenue business isn't necessarily a highly profitable business.Imagine:Business A💰 $1,000,000 rev...
09/03/2026

💡 DID YOU KNOW?

A high-revenue business isn't necessarily a highly profitable business.

Imagine:

Business A
💰 $1,000,000 revenue
💸 $900,000 expenses
➡️ $100,000 profit

Business B
💰 $500,000 revenue
💸 $350,000 expenses
➡️ $150,000 profit

Which business would you rather own?

Revenue gets attention.

Profit pays the bills.

👇 What do you think business owners focus on too much?

🚩 5 RED FLAGS YOUR BUSINESS FINANCES NEED ATTENTIONYou might need to take a closer look if:🚩 You only look at your books...
09/01/2026

🚩 5 RED FLAGS YOUR BUSINESS FINANCES NEED ATTENTION

You might need to take a closer look if:

🚩 You only look at your books during tax season.

🚩 You don't know your monthly profit.

🚩 Business and personal expenses are mixed together.

🚩 You're constantly surprised by your tax bill.

🚩 Your revenue is increasing but your bank balance isn't.

None of these automatically mean your business is in trouble.

But they're good reasons to stop and look at the numbers.

📌 Save this post.

Which one do you see most often?

Educator Classroom Expense Deduction – Did You Know?Eligible K-12 teachers, instructors, counselors, principals and aide...
09/01/2026

Educator Classroom Expense Deduction – Did You Know?

Eligible K-12 teachers, instructors, counselors, principals and aides who pay for classroom supplies out of pocket may deduct up to $350 of qualifying expenses per year. Married couples filing jointly who are both eligible educators may deduct up to $350 each, for a combined maximum of $700.

You do not need to itemize deductions to claim this deduction. Be sure to keep receipts and other records for any classroom expenses you plan to deduct.

💬 BUSINESS OWNER CONFESSION"I have no idea how much money my business actually makes."Sounds crazy.But it's more common ...
08/31/2026

💬 BUSINESS OWNER CONFESSION

"I have no idea how much money my business actually makes."

Sounds crazy.

But it's more common than you think.

A business owner can know:

💰 How much they sold
👥 How many employees they have
📦 How many customers they serve

…and still not know their actual profitability.

That's why your financial statements matter.

Knowing your numbers isn't "accounting stuff."

It's business intelligence.

👇 Be honest:

Do you know your business's profit margin right now?

🔥 CPA HOT TAKEYour business doesn't have a revenue problem.It might have a money-management problem.I've seen businesses...
08/31/2026

🔥 CPA HOT TAKE

Your business doesn't have a revenue problem.

It might have a money-management problem.

I've seen businesses increase sales and still struggle financially.

Why?

Because more revenue doesn't automatically mean more profit.

More sales can also mean:
• More payroll
• More inventory
• More overhead
• More taxes
• More expenses
• More cash tied up in the business

Revenue is exciting. Profitability is what keeps the lights on.

What's more important to you right now:

A — More revenue
B — More profit

👇 Tell us why.

📊 QUICK BUSINESS CHECK-INIf you had to rate your business finances today from 1–10, where would you put yourself?1️⃣ — "...
08/26/2026

📊 QUICK BUSINESS CHECK-IN

If you had to rate your business finances today from 1–10, where would you put yourself?

1️⃣ — "I have no idea what's going on."

5️⃣ — "I'm getting by, but I need to improve."

1️⃣0️⃣ — "I know my numbers and I'm completely on top of things."

There is no wrong answer.

Every business goes through different stages, and recognizing where you are is the first step toward figuring out where you want to go.

👇 Drop your number in the comments!

And if you're comfortable sharing, tell us what would move you one point higher.

🙏 THANK YOU TO EVERYONE WHO JOINED US!A huge thank you to everyone who attended our August 25 Short-Term Rental Webinar!...
08/26/2026

🙏 THANK YOU TO EVERYONE WHO JOINED US!

A huge thank you to everyone who attended our August 25 Short-Term Rental Webinar!

We hope you walked away with practical information you can use to better organize your finances, understand your tax considerations, and manage your short-term rental business with greater confidence.

🎁 And remember—the FREE Short-Term Rental Tax Deduction Checklist is part of the resources provided to our attendees.

Couldn't make yesterday's session?

You still have one more opportunity!

📅 Thursday, August 27
⏰ 7:00 PM

If you've been waiting for the evening session, this is your chance to join us.

👉 Register here:
https://go.hmshermancpa.com/short-term-rentals-harley-sherman-cpa

💡 DID YOU KNOW?One of the biggest financial mistakes a business owner can make is waiting until tax season to start thin...
08/25/2026

💡 DID YOU KNOW?

One of the biggest financial mistakes a business owner can make is waiting until tax season to start thinking about taxes.

Tax planning isn't just about filing your return.

It can involve understanding your income, expenses, deductions, estimated payments, recordkeeping, and overall financial strategy before the deadline arrives.

The earlier you understand your numbers, the more informed your decisions can be.

💬 Question for business owners:

Do you think about taxes...

A. Only during tax season

B. Throughout the year

C. When my CPA reminds me 😂

👇 Comment A, B, or C!

🎉 TODAY'S THE DAY!Our FREE Short-Term Rental Webinar is happening TODAY at 1:00 PM!If you've been thinking about improvi...
08/25/2026

🎉 TODAY'S THE DAY!

Our FREE Short-Term Rental Webinar is happening TODAY at 1:00 PM!

If you've been thinking about improving your bookkeeping, understanding your deductions, or becoming more organized financially, this is your chance to join us.

We'll be covering practical financial and tax topics designed specifically for short-term rental owners.

🎁 ATTENDEES RECEIVE:
✔️ FREE Short-Term Rental Tax Deduction Checklist
🎁 Entry into our $25 Gift Card Raffle

📅 Today — August 25
⏰ 1:00 PM

Can't join today?

You have one more opportunity:

📅 Thursday, August 27
⏰ 7:00 PM

👉 Register here:
https://go.hmshermancpa.com/short-term-rentals-harley-sherman-cpa

📲 Know someone who owns a short-term rental? Tag them below!

Address

20820 Greenfield Road, Suite 310
Oak Park, MI
48237

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 3pm

Telephone

+15862860915

Website

Alerts

Be the first to know and let us send you an email when Harley M. Sherman, CPA posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Harley M. Sherman, CPA:

Shortcuts

Share

Category