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Welcome! If you somehow stumbled across In The Moment Financial Services while googling “how to not freak out about taxes” or “why won’t my business books balance”—you’re in the right place. We’re not just a tax office. We’re your go-to resource for running your business smarter—not harder. Here’s a peek at everything we offer (aka: how we can help you keep your business legit and growing): 1. Taxes (Because, Well… You Have To) We handle personal and business tax prep, so whe

Starting and growing a business comes with a lot of decisions. From managing cash flow and understanding your taxes to choosing the right business structure, entrepreneurs often wear many hats—and financial planning can easily fall to the bottom of the list. If you're looking for financial consulting for entrepreneurs in Philadelphia, it's important to find an advisor who understands the unique challenges of running a small business and can provide practical, year-round guida

Looking for bookkeeping and tax preparation services in Philadelphia? Learn how In The Moment Financial Services helps individuals and small businesses stay organized year-round with bookkeeping, tax preparation, and financial guidance.

A Simple Tax Preparation Checklist to Help You Get Organized One of the most common questions we hear every tax season is: "What do I need to bring to my tax appointment?" The good news is that preparing for your appointment doesn't have to be stressful. Having your documents organized ahead of time helps your tax preparer complete your return accurately, identify credits and deductions you may qualify for, and avoid delays caused by missing information. Here's a simple check

Every Pennsylvania LLC owner faces an important yearly responsibility: filing the Annual Report. This task might seem routine, but it carries significant legal and financial consequences if overlooked. Understanding why this report matters and how to handle it efficiently can save you time, money, and stress. What Is the Annual Report for a Pennsylvania LLC? The Annual Report is a document that Pennsylvania requires LLCs to submit every year. It updates the state on your busi

Putting Off Your Tax Return? Here's What You Should Know Before You Decide to Skip Filing Every year, I talk to people who are nervous about filing their taxes. Some worry they might owe money. Others are missing documents or simply haven't had the time to get organized. Sometimes, people wonder: "What happens if I just don't file?" If you've ever asked yourself that question, you're not alone. The good news is that understanding your options now can help you avoid bigger pro

Paying yourself from your business is one of the most important decisions you will make as a small business owner. It affects your personal finances, your business’s cash flow, and your tax obligations. Yet, many entrepreneurs struggle to find the right method and amount to pay themselves. This post explores the main ways to pay yourself: salary, dividends, and owner draws. It breaks down the pros and cons of each, explains tax implications, and offers practical tips to help

If you're a business owner in Philadelphia, you've probably heard someone mention BIRT and immediately felt confused. You're not alone. One of the most common questions we hear from entrepreneurs is: "What is BIRT, and do I have to pay it?" The answer depends on your business, but understanding BIRT is important because many Philadelphia business owners are required to file it even if they don't owe any tax. Let's break it down in plain English. What Is BIRT? BIRT stands for

Starting a business in Philadelphia offers exciting opportunities, but it also requires careful financial planning. Without a clear financial roadmap, new entrepreneurs can face unexpected challenges that slow growth or even threaten their venture. This guide provides a practical financial checklist tailored to Philadelphia’s unique business environment, helping you build a strong foundation for your new enterprise. Philadelphia cityscape highlighting financial district build

If you opened your mail or checked your tax documents and found a 1099-K, you may have asked yourself: "Why did I get this?" You're not alone. This has become one of the most common questions we hear from small business owners, freelancers, side hustlers, and anyone getting paid through digital payment platforms. The good news is that receiving a 1099-K doesn't necessarily mean you've done anything wrong. It simply means certain payment activity was reported. Read on to learn

Financial education, entrepreneurship, and empowering women through practical financial knowledge. Building Businesses Starts With Building Confidence Recently, our founder, Jarde' Allen, had the opportunity to present at the Hey Girl! Conference, an event dedicated to empowering, connecting, and supporting women in business, leadership, and entrepreneurship. The conference brought together an incredible community of entrepreneurs, professionals, and leaders for meaningful co

Starting a small business brings many decisions, but one of the most important is choosing the right business structure. Should you begin as a sole proprietor, form an LLC, or elect to be taxed as an S-Corp? This choice affects your taxes, legal liability, and how you pay yourself. Many business owners start simple and then wonder if they should switch as their business grows. Understanding the differences can save you money and headaches down the road. What Is a Sole Proprie

Many people are asking the same question right now: “Do I have to pay taxes on Cash App?” The short answer is: possibly — depending on what the money was for. With more people using Cash App for side hustles, small businesses, freelance work, and digital payments, there’s been growing confusion around what counts as taxable income and what doesn’t. Here’s what you should know. Personal Payments vs. Business Income Not every payment sent through Cash App is taxable. ❌ Usually

If you received IRS penalties during the pandemic years, there’s a chance you could qualify for relief, and in some cases, even a refund. A lot of taxpayers don’t realize this because they assume once a penalty is paid, the situation is closed. But the IRS has provided penalty relief connected to the COVID era, and many people may still benefit from it. During and after the pandemic, many individuals and business owners struggled with: Filing returns on time Paying balances o

Here’s a truth most people don’t realize: The wealthy pay $0 in taxes — legally. They’re not cheating the system… they just understand it. When I first started learning the tax code, I was shocked to realize this truth: The system was built for owners, not employees. And that realization changed everything for me — and for how I teach my clients. Here’s what the wealthy do differently 👇🏽 1️⃣ They make money through businesses, not just jobs. When you work a 9–5, your taxes

For years, I thought the biggest barrier for Black women entrepreneurs was funding . If we could just get access to capital — the loans, the grants, the investors — we’d finally have a fair shot. But after working with hundreds of entrepreneurs here in Philly, I realized something deeper: It’s not just about how much money you make, it’s about how much you understand. That’s the real glass ceiling. You can land a $10K grant and still be unsure of how to properly invest it. Yo

Northern Liberties has always been a neighborhood shaped by bold ideas, independence, and people willing to build something of their own. From its roots in industry to its present-day creative and entrepreneurial energy, it’s a place where ownership matters. That’s why In The Moment Financial Services, a woman-owned tax office, is proud to now call Northern Liberties, Philadelphia home. As a woman-owned business, we understand what it means to create your own opportunities, m

We’re excited to share that In The Moment Financial Services is officially serving the Northern Liberties community from our new office here in Philadelphia.

Ah yes, January. The month of fresh planners, big goals… and that sinking feeling that tax season is creeping up like a slow-moving email...

In The Moment Financial Services is now serving Northern Liberties: What Our New Office Means for Philly Entrepreneurs.