30 Important Tax Tips You Must Know to Reduce Your Taxes! - # 8 Missing Business Deductions
Tips # 8: Missing business deductions. Trying to run your business during these difficult times can be stressful, especially when you’re...
30 Important Tax Tips You Must Know to Reduce Your Taxes! - # 7 A Serious Conversation About The PPP
Back in May, we talked about PPP loan deductibility and its tax implications, and hence tax planning for 2020 has become more crucial for...
30 Important Tax Tips You Must Know to Reduce Your Taxes! - #6 Charitable Donation
Deducting charitable contributions made in 2020! In the past, charitable contributions could only be deducted if you itemized your...
30 Important Tax Tips You Must Know to Reduce Your Taxes! - #5 Home Office Deductions
Do you have a Home Office? You could be missing out on Home Office Deductions that could save you hundreds or thousands. Tip #5:...
30 Important Tax Tips You Must Know to Reduce Your Taxes! - #4 Mileage Deductions
Tip #4: Maximizing Your Auto Deductions! It’s Dec 7 and time is running out! If you have not started tax planning, we are sharing with...
30 Important Tax Tips You Must Know to Reduce Your Taxes! - #3 Balance Sheet Items
Today we’re going to talk about the importance of having an accurate balance sheet to help you capture all your deductions. For this...
30 Important Tax Tips You Must Know to Reduce Your Taxes! - #2 Accurate Profit & Loss Statement
Previously we talked about knowing your numbers. Today, we will share with you common errors that business owners made that have caused...
30 Important Tax Tips You Must Know to Reduce Your Taxes! - #1 Know Your Numbers!
Time is running out! If you run a business, this is the best time for you to review your tax position before it’s too late. For the rest...
Will Biden Tax Implications Affect You?
With the election shifting towards a victory for Biden, how will his presidency affect your taxes? If you own a business and HATE paying...
What Is Reasonable Compensation For An S Corp?
Thinking of switching your entity to be taxed as an S Corp to reduce your FICA, Self-Employment, Social Security, and Medicare taxes...
