If you’re in the fitness industry, chances are you’ve offered a free introductory promotion to new members. Free class, free week, free month – you name it! And while this may be a popular tool to get people in the door, is it really the best approach to growing your business? At The Fitness CPA, […]
Author Archives: Eric Killian
30
Jun
Jun
Trainers and fitness coaches talk a lot about doing the “extra 1%”; a principle that when consistently applied, transforms seemingly small actions into noticeable progress. For those committed to fitness, the “extra 1%” could mean doing the extra rep, using your best form even when the instructor isn’t watching, or finishing the final 30 seconds [...]
16
Jun
Jun
Are you a fitness business owner? Then, you know that hiring instructors is a crucial decision. One of the key choices you’ll face is whether to classify them as employees or independent contractors. In this post, we’ll help you navigate this decision by exploring the factors you should consider, the risks involved, and when it’s suitable to use each option. Get ready to make an informed choice!
Employee Retention Credit (ERC)
Employee Retention Credit 101: A Complete ERC Guide for Tennis Clubs & Racquetball Clubs
11
Mar
Mar
Are you a fitness business owner? Then, you know that hiring instructors is a crucial decision. One of the key choices you’ll face is whether to classify them as employees or independent contractors. In this post, we’ll help you navigate this decision by exploring the factors you should consider, the risks involved, and when it’s suitable to use each option. Get ready to make an informed choice!
01
Nov
Nov
Let’s get one thing straight. If something sounds too good to be true – like firms “guaranteeing” you money by claiming credit you may not be eligible for – then it probably is.
Employee Retention Credit (ERC)
What is a Deemed Election and How Does it Affect Your Employee Retention Credit Refund?
15
Aug
Aug
Are you a fitness business owner? Then, you know that hiring instructors is a crucial decision. One of the key choices you’ll face is whether to classify them as employees or independent contractors. In this post, we’ll help you navigate this decision by exploring the factors you should consider, the risks involved, and when it’s suitable to use each option. Get ready to make an informed choice!
28
Mar
Mar
Are you a fitness business owner? Then, you know that hiring instructors is a crucial decision. One of the key choices you’ll face is whether to classify them as employees or independent contractors. In this post, we’ll help you navigate this decision by exploring the factors you should consider, the risks involved, and when it’s suitable to use each option. Get ready to make an informed choice!
06
Mar
Mar
Curious what secrets accountants are holding back about the Employee Retention Credit? Here are 5 Employee Retention Credit (ERC) tips you’d pay an accountant for.
12
Oct
Oct
If you’re anything like our current clients, you’re probably skeptical of just how much you can get back in tax refunds and credits from the Employee Retention Credit. $34,000? $116,000? $365,000!? These are real numbers! More importantly, these are real amounts of cash being received by fitness businesses and gyms across the country thanks to […]