Call Now: (618) 660-9021
Call Now: (618) 660-9021
Call Now: (618) 660-9021
When it comes to your money, whether it's for your family or your business, you want to get it right. Choosing an accountant or CPA is one of the most important financial decisions you'll make, but it's surprising how many people in Waterloo and throughout Monroe County make some common, and often costly, mistakes. [...]
The distinction between an "employee" and an "independent contractor" is more than just a label; it carries significant legal and tax implications for your business. The IRS has specific criteria to determine a worker's status, primarily focusing on the level of control and independence. Form W-2: For Employees What it is: Form W-2, Wage [...]
For many small business owners, the word "accounting" often brings to mind a flurry of activity around tax season. While preparing and filing your annual taxes is undoubtedly vital, focusing on your finances only once a year is like trying to drive a car by only looking in the rearview mirror. To truly thrive, [...]
Being your own boss comes with a lot of freedom and flexibility. However, it also means taking on responsibilities that employees typically don't have to worry about, like paying estimated taxes. At Sharon M. Gum, CPA, we work with many talented self-employed individuals, and we understand that navigating estimated taxes can feel a bit [...]
Running a successful business demands attention to countless details. One crucial yet often overlooked aspect is meticulous record-keeping. At Sharon M. Gum, CPA, our Waterloo accountants understand that organized financial records are more than just a regulatory requirement – they're the foundation of sound business decisions and long-term profitability. Why is Good Record-Keeping Essential? [...]
Nobody wants to be audited. The word itself can conjure up images of stressful paperwork and intense scrutiny. However, with proper preparation, an audit doesn't have to be a nightmare. This guide from Sharon M. Gum, CPA will walk you through the process, offering practical advice to help your business navigate an audit smoothly [...]
If you're a small business owner, you know that keeping up with the ever-changing tax laws can be a challenge. That's why we've put together this list of tax tips to help you save money and stay compliant. 10 Tax Tips for Small Businesses Deduct the cost of business meals. The Tax Cuts and [...]
When it comes to managing your business’s finances, understanding the roles of bookkeeping and accounting can help you make better decisions for growth and compliance. While bookkeeping and accounting are closely related and often overlap, they have distinct purposes that are essential to a company’s financial health. In this article, we’ll break down the [...]
Navigating the complexities of business tax returns can be daunting for any business owner. With ever-changing tax laws and regulations, ensuring compliance while maximizing deductions requires both expertise and meticulous attention to detail. This is where a Certified Public Accountant (CPA) like Sharon M. Gum comes in. By having a CPA manage your business [...]
As a business owner or individual, leveraging the full range of services offered by your accountant can significantly impact your financial health and success. At Sharon M. Gum, CPA, we believe in providing more than just basic accounting services; we aim to be your strategic partner in financial planning and management. Here are some [...]
Sharon M. Gum, CPA
405 Hartman Ln
Waterloo, IL 62298
Phone: (618) 660-9021
Office Hours:
Sunday: Closed
Monday: 9:00 AM–5:00 PM
Tuesday: 9:00 AM–5:00 PM
Wednesday: 9:00 AM–5:00 PM
Thursday: 9:00 AM–5:00 PM
Friday: 9:00 AM–5:00 PM
Saturday: Closed
Sharon M. Gum, CPA has 30+ years in Public Accounting Services including various areas of taxation, audit, bookkeeping and payroll services. Serving Waterloo, IL and the Monroe County area.
