Summer is in full swing, but so are changes that could affect your business and your finances. This month, we've packed the newsletter with timely tax tips, cybersecurity updates, and practical advice to help you stay one step ahead. From understanding the latest IRS reporting rules and protecting your QuickBooks account to avoiding common cash flow pitfalls and learning about the new Trump Accounts, there's something for every business owner. Plus, catch up on what's happening around our office and see what we've been up to this month. Happy reading!

Firm News and Updates

Charles recently spent a few days at Gaston's White River Resort which he highly recommends! Focus was on relaxing, not working. Cabin was a hundred yards from the White River on one side, and a beautiful grass airplane landing strip on the other. He now has a new goal - to fly himself there someday.

 

Charles also recently attended his 11th Smart Conference in Norfolk, Nebraska, presented by Wealth Management LLC.


The conference featured several presentations focused on helping clients achieve their financial and personal goals. A highlight of the event was “Overcoming Adversity,” presented by Phillip Koontz, a former Navy SEAL with combat experience. Mr. Koontz shared his perspective on how the discipline, resilience, and problem-solving skills developed through Navy SEAL training can be applied to challenges in everyday life.

Christi, her husband, and their 8-year-old daughter, Bella, recently traveled to Chicago with their older daughter, Brooke, for Loyola University Chicago's freshman orientation. The family took Amtrak to the city and loved the relaxing ride, especially being able to play games together and stroll to the snack car whenever they wanted.


While in Chicago, they made the most of the trip by visiting many of the city's iconic attractions. They enjoyed the breathtaking views from 360 Chicago, visited the famous Bean, explored Navy Pier, and spent time shopping along Michigan Avenue. One of the highlights for Bella was her very first visit to the American Girl store, where she picked out Julie as her birthday gift. She also loved spending time at Lake Michigan, playing in the sand and splashing in the surprisingly cold water.


Of course, no trip to Chicago would be complete without enjoying some great food. The family dined at several well-known restaurants, including Giordano's for Chicago's famous deep-dish pizza, Margaritaville at Navy Pier, and the historic Berghoff, giving them a taste of both classic and modern Chicago.



Orientation was a success, and Brooke is excited to begin her next chapter this fall as she starts college and embraces life in Chicago.


Brittney's family celebrated her son Nicholas' 5th birthday with an action-packed day at Altitude Trampoline Park, and everyone had an absolute blast!



From bouncing and jumping to nonstop laughter, it was the perfect way to celebrate this energetic birthday boy. We hope your special day was filled with unforgettable memories, big smiles, and plenty of fun.


Happy 5th Birthday, Nicholas!

News and Information

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Why Small Businesses Are Going Bankrupt—and How to Avoid It



In today's uncertain economy, cash flow—not revenue—is what keeps businesses alive. Find out the five costly mistakes that can quietly drain your cash and how to safeguard your business before it's too late. Read More

Why Multi-Factor Authentication (MFA) Is No Longer Optional

Think a strong password is enough? Think again. Cybercriminals are finding new ways to steal login credentials every day, but one simple security measure can stop nearly all unauthorized access. Find out why Multi-Factor Authentication (MFA) is no longer optional for businesses.



Read More

Secure Your QuickBooks Account and Prevent Lock Out

Could you get locked out of your QuickBooks account when you need it most? Taking a few minutes to update your security settings now can help protect your account, prevent unauthorized access, and make account recovery much easier.


 Read More

June Contest Winner Announcement


Highland Pool and Spa


has won the $100 Amazon card.




Thank you to everyone who participated and helped make this month's contest a success. We appreciate your continued support and engagement.


Can the IRS See Your Venmo, PayPal, or Cash App Transactions?

Think you're in the clear because you didn't receive a tax form? Think again. Digital payment apps have changed how businesses get paid—but not how income is taxed. Find out what you need to know before tax season arrives.


 Read More

The Side Hussle Trap Hitting Gen Z

Making money from a side hustle? Whether it's freelancing, Etsy, DoorDash, or content creation, "extra income" can come with unexpected tax responsibilities. Learn how to avoid common mistakes before tax season catches you off guard.


 Read More

Game - Set - Tax

The Parents Playbook for Sports Expenses


Youth sports come with more than just registration fees. Before you assume every expense is purely out-of-pocket, learn which costs may qualify for tax credits or deductions and what documentation you'll need to support your claim.  Read More

Video: Trump Accounts Explained

Thank You for Leaving Us a Review!

Highland Pool and Spa

The Tzinberg team is awesome! We have been with several accounting firms over the years and there is no comparison to the service we get from Tzinberg. Thanks to you all we can see our monthly profit/loss and balance sheet to make decisions quicker. - Highland Pool and Spa

Tzinberg & Associates, P.C.

1 Country Club Executive Park Glen Carbon, IL 62034