by Mark | Feb 23, 2021 | Business, Business Advisory, Tax Deductions
Tax reform is inevitable. Tax code changes happen every year, but 2021 is a bit different. Besides the usual minor changes that happen every year, the economic effects of the coronavirus pandemic are bound to affect your tax season. 2021 Tax Code Changes Every year,...
by Mark | Jan 29, 2021 | Business, Business Advisory, Tax Deductions
Here’s how your business can avoid an audit from the IRS during tax season. Let’s face it, the thought of being audited by the IRS fills everyone with anxiety. Audits will cost your business time and money. Besides, it’s an exercise no small business owner...
by Mark | Dec 18, 2020 | client, Tax Deductions
End of Year Tax Checklist For business owners in Florida, the financial year’s end means handling all business finance operations, from tax and business planning to the organization of paperwork and financial records. Due to a list of urgent responsibilities,...
by Mark | Nov 20, 2020 | Business, client, Tax Deductions
How is a Home Office Deduction Applied to Business Taxes? Are you a small business owner who often uses your home office routinely and exclusively for your business operations? If so, you may be eligible for home office tax deductions. Besides...
by Mark | Nov 6, 2020 | Business, Tax Deductions
Qualified Business Income Tax Deductions Getting the lowest tax liability is not a skill you need to learn to file taxes. It’s more about what you know and how to apply it. However, many taxpayers miss out on tax deductions and credits simply because they are...
