2021 Is Ending And Tax Season Is Almost Here!
The year is almost over and tax season is approaching soon. Are you ready? What do you need to know to file taxes for 2022? The IRS has...
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...
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! #1- IRS Safe Harbor Rule!
The end of the year is almost here! Therefore, it is time to review your tax position for your business before it’s too late! For the...
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...
How Are Taxes Going To Rise Without The Help Of Lawmakers?
While Democrats make a huge push to raise taxes on the wealthy, many of the current tax provisions are going to expire anyways by 2026....
The Difference Between Employees & Independent Contractors
When hiring new workers/contractors, they must be classified correctly as either an employee or independent contractor. The correct...
2021 Year End Checklist For Businesses
The XQ CPA End of Year Checklist can be found here Today, our team is going to discuss how to prepare your business for the end of the...
Tax Loophole That Crypto Investors Must Take Advantage Now!
If you invest in virtual currencies i.e. Bitcoin, there is a tax loophole that could go away in 2022 that you should take advantage of...
Year-End Tax Strategies To Save On Taxes For 2021!
The end of the year is approaching fast, regardless of what new tax legislation that Congress passes, there are a few year-end tax...
