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...
Is America Becoming A Communist Country?
President Joe Biden recently proposed a mandate that the IRS should have access to all of our transaction information (withdrawals or...
The Basics of Tax Planning for Business Owners
Before you can ask the question of “how much can I reduce my tax bill?”, It is important to understand two fundamentals: your tax bracket...
Tax Benefits For Charitable Givings Have Been Expanded!
Last December, the IRS enacted the Taxpayer Certainty and Disaster Tax Relief Act which provides several provisions to help individuals...
Why Tax Planning is more important than ever in 2021
Do you feel like you're overpaying on your taxes? If so, you may want to consider tax planning. Tax planning is taking actions that...
September 15th Tax Deadlines!
As a reminder to business owners or self-employed individuals (freelancer, independent contractor, etc.), today is the deadline for your...
Is Your Business Making You Poor?
As a business owner, how well do you know your numbers and what do they mean? It is the most important aspect of your business because...
How Did Amazon Avoid Paying Taxes From Last Year's Success?
During the pandemic year, Amazon’s growth was remarkable. Yet, during 2020, Amazon’s effective tax rate was only 9.4%, a rate that is...
A Beginners Guide to Payroll Taxes
If you have just started a business and you are thinking of hiring employees, it is easy to believe that payroll starts and ends when you...
The Business Structure That Could Save You Thousands In Taxes!
You own a single-member LLC or a sole proprietorship and you have heard of the advantages of becoming an S-corp. Do you know that your...
