Shoop Financial Services

Shoop Financial Services Helping you make more possible

As your business grows, financial decisions become more important and more expensive to get wrong.Things like:- Hiring e...
06/16/2026

As your business grows, financial decisions become more important and more expensive to get wrong.

Things like:

- Hiring employees
- Expanding locations
- Increasing payroll
- Investing in equipment
- Raising prices
- Managing cash flow
- Planning for taxes
- Scaling operations

These decisions should be backed by real financial data and planning, not guesswork, so you can move forward with more confidence and clarity.

If your books are behind or your numbers feel unclear, send us a message or comment below and we will help you get back on track.

Misclassification can lead to tax penalties and compliance issues, so it is important to set things up correctly.Do you ...
06/15/2026

Misclassification can lead to tax penalties and compliance issues, so it is important to set things up correctly.

Do you currently work with employees, contractors, or both in your business?

Hiring your children in your business may offer legitimate tax advantages when done properly.Wages paid to your child ma...
06/12/2026

Hiring your children in your business may offer legitimate tax advantages when done properly.

Wages paid to your child may be deductible as a business expense, and depending on their age and your business structure, there may also be payroll tax savings available.

To help stay compliant with IRS rules:
- The work must be legitimate
- Pay should be reasonable for the work performed
- Hours and job duties should be documented
- Proper payroll records should be maintained

Talk with your tax professional before setting up payroll for family members.

Need help with tax planning and tax strategy, or making sure your business is financially organized? Book a call to learn more about our services

Book a call using the link in our profile or comment “taxes” below to learn more about our services.

Small expenses can add up quickly over time and cause business owners to miss potential tax deductions.Some commonly mis...
06/11/2026

Small expenses can add up quickly over time and cause business owners to miss potential tax deductions.

Some commonly missed expenses are:

- Business mileage
- Travel expenses
- Parking and tolls
- Software subscriptions
- Home office expenses
- Business meals
- Education and training
- Bank and processing fees
- Supplies purchased personally for the business

Which expense do you think business owners forget to track the most?

Summer can be a busy spending season for both business owners and personal finances.A few smart money habits to focus on...
06/10/2026

Summer can be a busy spending season for both business owners and personal finances.

A few smart money habits to focus on this summer:

- Review your cash flow regularly
- Plan ahead for slower sales periods
- Track travel and summer business expenses
- Stay on top of bookkeeping monthly
- Keep business and personal expenses separate
- Reimburse yourself properly if you paid for business expenses personally

What is one money goal you are focusing on this summer?

AI can accelerate bookkeeping, but speed doesn't equal accuracy and clarity. There are still important limitations busin...
06/09/2026

AI can accelerate bookkeeping, but speed doesn't equal accuracy and clarity.

There are still important limitations business owners should understand.

Accurate books still require real human expertise and oversight.

Want support combining smart technology with accurate bookkeeping? Reach out to learn more.

Building a business requires resilience, confidence, and the ability to keep moving forward even during difficult season...
06/08/2026

Building a business requires resilience, confidence, and the ability to keep moving forward even during difficult seasons.

Some days will test you.
Some days will motivate you.
But your mindset can shape how you handle both.

What’s your favorite quote that keeps you motivated as a business owner?

When you think about your financial goals right now, are you more focused on making money, building wealth, or both?
06/08/2026

When you think about your financial goals right now, are you more focused on making money, building wealth, or both?

Your business structure can impact how you pay taxes, how you pay yourself, payroll requirements, liability protection, ...
06/05/2026

Your business structure can impact how you pay taxes, how you pay yourself, payroll requirements, liability protection, and potential tax savings.

As your business grows, the structure that worked in the beginning may no longer be the most tax efficient option.

Here are the common business structures:

- Sole Proprietorship: Simple setup with no legal separation between you and the business

- Partnership: Multiple owners sharing profits, responsibilities, and liabilities

- LLC: Liability protection with flexible tax options

- S Corporation: May help reduce self employment taxes

- C Corporation: Separate legal entity with more complex tax rules

Reviewing your entity structure regularly with your accountant or tax professional can help support better tax planning and long term business goals

Have questions about business structures? Comment below!

And follow for more tax tips!

Staying on top of your bookkeeping and finances can help you:- Understand your numbers- Improve cash flow- Stay organize...
06/04/2026

Staying on top of your bookkeeping and finances can help you:

- Understand your numbers
- Improve cash flow
- Stay organized for taxes
- Make smarter business decisions
- Reduce financial stress

We are here to help you stay financially organized and confident in your business finances.

Book a call using the link in our profile or comment “books” below to learn more about our services.

Address

Salt Lake City, UT

Opening Hours

Monday 9am - 4pm
Tuesday 9am - 4pm
Wednesday 9am - 4pm
Thursday 9am - 4pm
Friday 9am - 12pm

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