When a governor declares a disaster like the Hawk Fire, many taxpayers start asking the same question: can I claim a tax deduction for my losses? The answer depends on several factors, including the type of loss, your insurance recovery, your income, and how you document the damage. Our team at Rought & Accounting help […]
Bookkeeping services are one of the most important forms of support a business can use to stay organized, make better decisions, and avoid unnecessary financial stress. For many business owners, keeping up with daily transactions, payroll records, expenses, tax documents, and financial reports can become overwhelming. When the books fall behind, it becomes harder to […]
Finding the right accountant is about more than handing off a stack of paperwork once a year. Most small business owners want someone who can keep the numbers organized, help payroll run smoothly, and make tax season feel less disruptive than it did the year before. This is usually the point when people start searching […]
Growing a business is an exhilarating journey, but for many owners in Reno, Tahoe, and Truckee, that journey eventually leads to a mountain of paperwork that feels impossible to climb. I am Judi Rought, the owner of Rought & Accounting, and I have spent my career watching brilliant entrepreneurs get weighed down by the very […]
Receiving a notice from the IRS is unsettling under any circumstances, and for individuals managing personal finances, the concern tends to compound quickly. Bills still need to get paid, daily life continues, and the financial pressure of an unresolved tax issue can sit in the background of every financial decision until it gets addressed. The […]
For contractors and construction professionals, managing cash flow effectively is essential for long-term success. One delayed payment on a large project can disrupt payroll, delay material purchases, and put unnecessary pressure on your business. At Rought & Accounting, we regularly work with contractors who are profitable on paper but struggling with cash flow due to […]
Roofing contractors managing projects in Reno face unique financial challenges. Effective contractor accounting systems tailored to the roofing industry directly influence profitability, cash flow, and business sustainability. Many roofing projects span several months and involve significant material costs, making it crucial to have robust billing methods and financial tracking practices. Understanding how to structure billing, […]
Navigating tax law changes can feel overwhelming, especially in construction where purchasing decisions and hiring processes directly impact your bottom line. The One Big Beautiful Bill Act introduces significant tax updates that affect contractors like you, from equipment write-offs to reporting requirements and expiring credits. Understanding these changes is essential to maintaining healthy cash flow […]
As a business owner in Reno, managing payroll taxes might not be the most exciting part of your day—but it’s definitely one of the most important. From federal regulations to industry-specific requirements, payroll responsibilities can quickly become overwhelming if not handled properly. If you're searching for an accountant in Reno who understands your business, the challenges you're […]
Running a roofing business is no small feat. From managing seasonal revenue swings to addressing rising costs and labor shortages, roofing contractors face unique financial challenges. However, strategic tax planning can help alleviate some of these burdens. By leveraging smart contractor accounting practices, roofing contractors can uncover tax-saving opportunities that not only reduce their tax […]
