Greenlight Spotlight: Monica Uscategui, Managing Partner

Monica Uscategui is a managing partner and lead of the tax department at Greenlight Financial, an accounting firm located in Miami

Greenlight Spotlight: Deedee Carreras, Managing Partner

Deedee Carreras has big dreams. Currently, a managing partner at Greenlight Financial LLC

Accounting vs. Bookkeeping

Bookkeeping and accounting are imperative for any business. Being on top of your finances is essential for a thriving business.

Inflation and Job Market in 2021

The current state of inflation and the job market. As the economy tries to heal from post-pandemic chaos, supply chains have had trouble catching up to rising consumer demand causing enormous inflation. In June 2021, the Consumer Price Index rose to 5.4%; this is the largest increase since the 2008 recession. Demand has increased due… Continue reading Inflation and Job Market in 2021

IRS Child Tax Credit Payments Begin July 2021

What is the IRS Child Tax Credit? Beginning in July, the IRS will be sending letters to over 36 million families. These letters will explain how they may

Mid-year check in with CEO Gerry Mujica

A note from our CEO, Gerry Mujica: I hope you are doing well and staying safe; we’ve made it out of 2020 and are now half-way through 2021. The past 18 months have been difficult but have also brought about a lot of growth. I am excited to talk about everything that’s been happening this… Continue reading Mid-year check in with CEO Gerry Mujica

3 Top Reasons to Hire a Bookkeeper

There are many reasons to hire a bookkeeper for your business but we’ve narrowed it down to three top ones. Before we get into why you need a bookkeeper, let’s talk about what exactly they do. What does a Bookkeeper do? A bookkeeper documents and manages a business’ financial transactions while recording them to a… Continue reading 3 Top Reasons to Hire a Bookkeeper

Claiming a Stimulus Check on your 2020 Tax Return

In 2020, millions of Americans received one or two Stimulus Checks also known as Economic Impact Payments (EIP). That means that this year your tax return form will be slightly different. Greenlight Financial can help you file your tax returns and ensure you receive any money you are eligible for. Who qualifies for a stimulus… Continue reading Claiming a Stimulus Check on your 2020 Tax Return

4 Tax Tips for End of Summer 2020

End of summer tax tips for business owners. As the federal business tax deadline for pass-throughs with extensions is approaching on September 15th, we summarized the following relevant tax saving tips and reminders. 1. UPDATE YOUR W-4 WITHHOLDING Did you receive a large refund for 2019? If so, you’re part of the great majority of… Continue reading 4 Tax Tips for End of Summer 2020

IRS Provides Relief for Acceleration of CARES Tax Benefits for BBA Partnerships

The IRS has just issued Revenue Procedure 2020-23. It intends to address a problem caused by some tax changes under the CARES Act for partnerships. It provides relief permitting partnerships to obtain the benefit of the new tax provision more quickly. What is the CARES Act? The CARES Act includes a number of new tax deductions.They… Continue reading IRS Provides Relief for Acceleration of CARES Tax Benefits for BBA Partnerships