Bennett Financials

Understanding our clients' goals and maintaining open communication is key to their success. As trusted advisors, celebrating their wins together is crucial. 🎉 Let's be the strategic partners our clients can rely on for support and celebration! 🚀 #ClientSuccess #TrustedAdvisor #CommunicationSkills

🔍 Are you aware of the potential risks in managing your company's finances alone? In this insightful video, we learn the importance of working with a team of specialists to avoid unexpected financial pitfalls. Let's strive for a cohesive approach to ensure long-term success and profitability. #FinancialPlanning #BusinessStrategy #Collaboration 📈💼

🚀 Exploring the impact of AI and technology in the accounting industry! While automation is impressive for calculations, can it truly replace the personal touch in client relationships? Let's discuss the future of building strong connections in finance. #AI #AccountingIndustry #RelationshipBuilding 💼🤖

At ProfitCON, Arron Bennett, CEO of Bennett Financials, spoke to business professionals about the importance of steady growth and strategic pricing. His advice? 'Don’t rush—grow slowly but stay safe. As you bring in new clients, don’t hesitate to raise your prices to reflect the value you provide.' A slower process ensures long-term stability and success. Have you considered evaluating your pricing strategy recently? #ProfitCON #BusinessGrowth #StrategicPricing #LeadershipInsights #BennettFinancials #ProfessionalDevelopment

🚨 Important Update for Business Owners 🚨 A recent U.S. Supreme Court decision could have a significant impact on your buy-sell agreement—especially if life insurance is involved in redeeming shares after an owner's passing. Impact on Estate Tax: The Supreme Court’s ruling in Connelly established that life insurance proceeds used to redeem shares increase the company’s value for estate tax purposes, potentially resulting in a higher estate tax liability than expected. What Should You Do? If your buy-sell agreement relies on company-owned life insurance, it’s essential to review it with your estate planning advisor. The Connelly decision may require adjustments to align with your estate planning goals. Consider Alternatives: A cross-purchase agreement, where owners buy insurance on each other, might be a better option. This avoids increasing the company’s value due to life insurance proceeds. Don’t Delay! Remember, the federal estate tax exemption is set to decrease after December 31, 2025. Now is the time to make sure your buy-sell agreement is properly structured. 📞 Need help? Contact Bennett Financials today to ensure your agreements are tax-efficient and aligned with your goals! #EstatePlanning #BuySellAgreement #TaxStrategy #BusinessOwners #SupremeCourtRuling #TaxConsulting #BennettFinancials #LifeInsurance #TaxPlanning #ConnellyDecision

Wondering if your club dues are tax deductible? 🤔 According to IRS regulations, dues for organizations primarily focused on entertainment are generally not deductible. But there’s good news! Civic and public service organizations like Lions, Rotary, Kiwanis, and Civitan clubs are recognized by the IRS as exceptions. What about clubs like the Masons or Shriners? While they aren’t specifically mentioned in the IRS regulations, the key factor is whether your involvement serves a civic purpose. If you can show that your membership is primarily for civic service (and not entertainment), your dues might be deductible! Remember, the dues must meet the “ordinary and necessary business purpose” criteria. If your membership offers networking or boosts your professional standing, you may qualify for this deduction. 💼💡 #TaxTips #TaxPlanning #BusinessDeductions #ClubDues #CivicService #BennettFinancials #IRSRegulations #TaxConsultant #TaxAdvice

Our founder and CEO, Arron Bennett, took to the stage this week to present for #ProfitCON, a conference aimed at helping accountants, bookkeepers, and business coaches level up their businesses and boost profitability. His talk, The Evolving CEO, was packed with the same strategies he uses to grow his own business and maximize tax savings for clients. Judging by the wish wall requests for one-on-one consulting, it’s safe to say he nailed it! 😎 Stay tuned for more from the event, including video tips you can use to level up your business! 🚀 *Arron is pictured with Liz Sporn from Profit First #BusinessGrowth #TaxSavings #CEOInsights #Profitability #EntrepreneurTips #BennettFinancials #ProfitCON #ProfitFirstProfessionals

Tired of harsh winters or scorching summers? With smart tax planning, you can make the most of your business life by strategically managing your activities across different states. Imagine spending your winters in sunny Florida and summers in a cooler climate, all while turning your travel and living expenses into tax-deductible costs! 🌴🏡🌞 Ready to learn how you can save on taxes and enjoy a tax-efficient business lifestyle? Contact us today to start planning! #TaxPlanning #BusinessSuccess #TravelAndSave #BennettFinancials #FinancialFreedom #EntrepreneurLife #TaxStrategy

Boosting sales by just 5% holds exciting possibilities for business owners. Watch this for more insights. #BusinessGrowth #SalesSuccess #MarketExpansion #BennettFinancials

It's easy for us to say we're great at what we do, but don't just take our word for it—take it from our clients! We're thrilled to have helped Joe Ochal from Chimney Scientists save significantly on their taxes this year. At Bennett Financials, we're committed to delivering real results that make a difference. Let us help you keep more of what you earn and achieve your financial goals. #TaxSavings #ClientSuccess #FinancialPlanning #TaxPlanning #BennettFinancials #CFOservices #BusinessSuccess