The Online Resource for the Painting Industry

Daniel Honan

Daniel Honan

I am a former painting business owner and military officer, and current bookkeeper and tax accountant. With my painting and accounting experience, I'm uniquely positioned to help painting contractors save time, money, and resources.

For years I worked in the residential and commercial painting industry. I did everything from prep work and painting to managing crews and completing estimates with clients.

After my stint in the painting industry, I pursued an education in business and accounting and served as a military officer in the intelligence field. I have a Bachelors in Accounting and an MBA.

During my time in the intelligence field, I learned the value of being proactive and staying ahead of the enemy. I apply this mentality to my accounting practice through forward-looking advice to my clients. I don't just report; I analyze and forecast. This provides immense value to the clients I serve and builds trust.

I am passionate about sharing my knowledge of taxes and business to help painting contractors grow their company.

I only work with a select few painting contractors and provide professional, prompt service to ensure their success.

Avoiding 3 Painful Tax Penalties

Avoiding 3 Painful Tax Penalties

By on November 29, 2016 in Accounting with 2 Comments

“Income tax returns are the most imaginative fiction being written today.” – Herman Wouk Imaginative fiction that can cost you, if you’re not careful. There’s nothing worse than paying penalties on top of what you owe the IRS. The IRS can hit you with many different tax penalties. Here are 3 basic IRS penalties and […]

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Painting Business Owner: Home Office Tax Deduction

Painting Business Owner: Home Office Tax Deduction

As a painting business owner, you likely conduct most of your business outside of your home (doing estimates, supervising job sites, etc). However, you can still claim the home office deduction if you are using an area in your home for your business. Claiming this deduction allows you to deduct a percentage of utilities, mortgage interest, […]

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Tax Loophole – Save Big on Wages Paid To Employees

Tax Loophole – Save Big on Wages Paid To Employees

By on August 13, 2016 in Accounting, What We Do with 0 Comments

Have you hired an employee who belongs to one of the following groups between January 1, 2015, and August 31, 2016? Unemployed Veterans (including disabled veterans) Temporary Assistance for Needy Families (TANF) Recipients Food Stamp (SNAP) Recipients Designated Community Residents (living in Empowerment Zones or Rural Renewal Counties) Vocational Rehabilitation Referred Individuals Ex-Felons Supplemental Security Income […]

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Save Big With A Little Known Tax Credit

Save Big With A Little Known Tax Credit

By on July 20, 2016 in Business Practices, What We Do with 0 Comments

What if I told you, your painting business could improve employee loyalty and save thousands of dollars on taxes with one action? Sounds like a crazy idea, right? Well, I’m here to tell you it is possible by claiming the Small Employer Health Insurance Tax Credit. Why The Small Employer Health Insurance Tax Credit? As you […]

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If You Don’t Go Paperless Now, You’ll Hate Yourself Later

If You Don’t Go Paperless Now, You’ll Hate Yourself Later

Do you have boxes of paper taking up space in your office? Receipts stacked up on your dashboard? Don’t wait until you are on the next episode of Hoarders. Go paperless. Eliminate the headache of messy file cabinets, lost receipts, unreadable mileage logs, and cluttered painting vehicle dashboards and home office desks. Reasons you need […]

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