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May 3, 2017

It seems like Food Trucks are all the rage these days, and it's easy to understand why. Entrepreneurs who are passionate about food can enjoy the fun parts of owning their own restaurant without the commitment of a brick-and-mortar location. This gives food truck owner...

September 11, 2015

So, you got a new job. Hurray for you! Your new boss said that you're going to be an independent contractor. What does that mean? If you don't understand your situation and plan ahead, that can mean a very large and unexpected tax bill. Below are just a couple of the c...

June 29, 2015

A while back, I wrote Home Budget 101: The Little Things That Cost You Big. This time, I'd like to introduce you to a few tips and tricks that you may not be aware of to help you save.

Pay In Cash

We’ve all heard that saying, “Cash Is King”, but there are more reaso...

May 12, 2015

During tax season, I had a client come into my office with a mountain of paperwork. I knew that her taxes are pretty simple, so I was confused as to why this would be the case. She looked at me and said, “This is everything for the whole year. How much of this do I nee...

April 29, 2015

This summer, Canavan Financial Group is developing a new service to help our clients track and analyze where their money is going. Our intention is to create a product that will help our clients achieve their personal financial goals, whatever those may be; taking a va...

January 6, 2015

There are many different ways to run a business; that's why a lot of us went into business for ourselves. It's liberating to be the one calling the shots, to be in control of your professional relationships, and to learn from your experiences along the way. Whether you...

October 6, 2014

The Taxman: that guy that everybody loves to hate. Whether he is taking too much out of your paychecks before payday, or raking you over the coals in April, it seems as though everyone thinks their tax treatment is unfair.

Over the coming weeks, I’ll be blogging about v...

September 29, 2014

"I normally just use (insert generic tax software here)." This is the typical response I receive when I ask someone who they have doing their taxes. For some, this is perfectly fine; If your wages have already had taxes withheld, you have no dependents and nothing to i...

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The Heartburn of Food Truck Accounting

May 3, 2017