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The Sneaky Stealth Tax on Social Security Benefits
My social security benefits should be free from federal income taxes, right? Not exactly. Take a look at 3 stealth tax scenarios .
Jun 18, 2024


Partnership Related Expenses: When are Partners Expected to Incur the Expenses?
Typically, partners are not personally liable for partnership-related expenses, but there are exceptions to this rule. Read More.
Jun 17, 2024


Tax-Favored Retirement Plans: SEP IRAs and Simple IRAS
Consider these tax-favored IRA plans for your employees: SEP IRAs and Simple IRAs.
Jun 10, 2024


Income vs Deductions: When Should Businesses Handle Income and Deductions Differently
When businesses may want to take a contrary approach with income and deductions
May 28, 2024


Job loss is difficult, and the tax implications can make it even more challenging
Losing a job is difficult, and the tax implications can make it even more challenging.
May 20, 2024


Why Some Small Businesses Choose to Execute a Pivot Strategy
Why Some Businesses Choose to Execute a Pivot Strategy
May 17, 2024


Don’t have a Tax-Favored Retirement Plan?
Don’t have a tax-favored retirement plan? Set one up now
May 15, 2024


Considering Turning Your Home into a Rental Property?
If you're in the market for a new home, you might have contemplated the idea of holding onto your current property and renting it out....
May 8, 2024


Maximizing Tax Savings: Coordinating Section 179 and Bonus Depreciation Deductions for Your Business
Maximizing Tax Savings: Coordinating Section 179 and Bonus Depreciation Deductions for Your Business
May 6, 2024


7 Payroll Risks Every Small to Midsize Business Should Know
To safeguard against the risks in payroll management, it's important for businesses to conduct regular audits. Here are 7 payroll risks.
May 1, 2024


What are your financial statements trying to tell you?
Business owners, your financial statements are more than just numbers on a page. They're crucial and deserve more of your attention.
Apr 25, 2024


3 Tips to Follow after you File your Tax Return
Taxes are filed and accepted! After filing, follow these 3 tips.
Apr 23, 2024


Keys to Less Painful IRS Audits - With Case Study
Thorough record-keeping and legitimate business expenditures are very important for less painful IRS audits.
Apr 17, 2024


Updates: Retirement Account Required Minimum Distributions
Here's all you'd need to know about the tax rules for a tax-favored retirement accounts.
Apr 10, 2024


Tax Rules for Vacation Rental Properties
Are you purchasing a vacation rental house or already own one? You might be curious about the tax implications of renting it out.
Apr 8, 2024


Q2 2024 Business Tax Dates
Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2024.
Apr 3, 2024


The Best Accounting Method Route for Business Tax: Cash or Accrual
Many businesses have a choice of using cash or accrual accounting for tax purposes. If you’re one of them, which route should you take?
Mar 28, 2024


The 2023 Gift Tax Return Deadline
Dive into 2023 gift tax insights: navigate gift giving, tax rules, and deadlines for effective financial planning.
Mar 26, 2024


Contribute to your IRA While You Still Have Time
If you didn't contribute to an IRA last year, there's still a chance to lower your tax bill for 2023.
Mar 22, 2024


Take a Business Trip with your Spouse? Here’s What you Should Know about the Business Expense Write Off
As a traveling business owner with your spouse, you may consider claiming your travel expense as deductions. Discover what is deductible.
Mar 14, 2024
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