IRS FILING BEGINS JAN 24 2022!!!
There is BIG news that was just recently announced. The IRS will BEGIN accepting and processing 2021 TAX RETURNS starting January 24th....
10 Strategies To Reduce Your Taxes - Tax Tip #7 Retirement Contributions
As a small business owner, you are completely responsible for your own retirement planning. If you have employees, you may feel...
Deductions Are Never Enough!!!
There are many deductions to cover, but an important one is the Home Office Deduction. Whether you are a sole proprietorship, S-Corp, or...
IRS Issues Guidance Regarding Employee Retention Credit Termination
The IRS has issued guidance regarding the retroactive termination of Employee Retention Credit (ERC) starting from Oct 1, 2021, except...
Top 3 Mistakes Business Owners Face!
The need for adapting to business conditions is crucial for a business to succeed. That's why it is important to review the most common...
10 Strategies To Reduce Your Taxes- #3 Taking Advantage Of Business Credit Cards
Happy December! The holidays are coming, but so is the end of the fiscal year. As a business owner, you probably already know the...
10 Strategies To Reduce Your Taxes - Tip #2 Maximize Deductions
We are nearing the end of the year with Thanksgiving at a close. Luckily, we have our second strategy out of the ten to reduce your...
This New Tax Rule Will Affect You If You Use Online Payment Apps!
Dear business owners, in this upcoming year, your merchant processor will start requesting you to provide your tax information like your...
Employee Retention Credit Is Now Gone!
We have some shocking news today! ERC has ended! The infrastructure legislation ends the employee retention credit (ERC) early, making...
1040 Extension Deadline Nears, Biden Administration Raises Taxes on the Wealthy
Top news today, 1040 extended due date. If you have applied for an extension for your 1040, October 15 is the last day to file your tax...