They say that the only things that are certain in life are death and taxes. And taxes are an especially important reality for business owners. If you previously worked for another company or employer, chances are good that you had taxes withheld from your paycheck to cover your annual tax liability. But what you may […]
Read MoreCheck out what you can deduct on your taxes as a small business owner. Always be sure to have a professional prepare your taxes to get the money you deserve. Home Office Deduction If you use a portion of your home for business, you may be eligible for a home office deduction. Add up the […]
Read MoreEvery penny counts when owning a small business. Luckily there are three ways to save on your small business taxes. Savings Tip 1: Buy to save Whenever buying equipment, technology, software or furniture save the receipts. Keeping a detailed record will allow you to substantiate an expenses you claim on your tax return. Savings Tip […]
Read MoreWhen you take the time to learn more about how it works, you may be able to put the tax code to work for you. A good place to start is with two important tax concepts: credits and deductions.² Credits As tax credits are usually subtracted dollar for dollar from the actual tax liability, they […]
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Every year the holidays come and go. After all is said and done, when the New Year has been rung in and the dust begins to settle, a less cheerful time of year comes along. Not many people like to talk about tax season – it can be a stressful, painstaking process to get a […]
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Another year has come and gone in the blink of an eye. Now is the time, as the dust begins to settle amidst a busy holiday season, to make sure that you’ve checked off the important items on your end of year to-do list. Here are a few important items not to be forgotten as […]
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