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...
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...
Decide How Much In Taxes You Want To Pay With This Tool!
Many business owners don’t realize that they hold the KEY to deciding how much they want to or they need to pay taxes.
Year-End Checklist For 2020 and Beyond!
So the year is almost over, but before it is over now is the perfect opportunity to plan for the next year for your business. Although 2020
Hiring Mistakes That Will Get You In Trouble With The IRS!
Making a decision of whether to hire an employee or contractor, it is important that business owner understands the difference.
The Shocking Truth About Mileage Deductions!
You’re preparing your mileage log to claim auto deductions; however, an inaccurate log will land you an IRS audit.
Does Your Business Have Enough Cash Flow to Survive COVID-19?
With the current pandemic crisis, it is important for business owners to take charge of their cash flow position. What is your current...
Tax Deadline is Almost Here! Should You File a Tax Extension? Is It Worth It?
In response to the COVID-19 outbreak, the Treasury Department and the Internal Revenue Service have provided special tax filing relief to...
Successful Tax Planning Steps 2020
Recently, we shared about how business owners may potentially land into HUGE tax bills if payroll expenses funded through PPP are...
What Alternatives Options Are There to Survive This Without PPP?
While many business were able to receive the Paycheck Protection Program (PPP) there are still many others who still haven't been able to...