by Mark | Aug 19, 2021 | Business, Business Advisory, Tax Deductions, tax planning
Personal Tax Preparation: Getting an Early Start on Tax Filing Season Every year, the tax season begins in January and ends in April. This tax year was different due to the pandemic’s staggering effects. The I.R.S. pushed the filing deadline to May 17 from April 15....
by Mark | Aug 19, 2021 | Business, Business Advisory, Tax Deductions, tax planning
7 Business Tax Deductions Every Business Owner Should Know Multiple unavoidable expenses come with running a business. Even so, the I.R.S provides several avenues to reduce your taxable income. For savvy entities, Business tax deductions are a foolproof way to reduce...
by Mark | Aug 7, 2021 | Business, Business Advisory, Tax Deductions, tax planning
6 Small Business Marketing Challenges and Smart Ways to Overcome Them Often, many small businesses will come up with a great product or service. Yet, this is not always sufficient to keep their company in operation. According to the U.S. Bureau of Labor Statistics,...
by Mark | Jul 25, 2021 | Business, Business Advisory, Tax Deductions, tax planning
Cash Flow Budgeting—Why Your Business Needs It Cash flow is the lifeblood of any business. Your business needs to generate and maintain enough cash from its operations to meet expenses and grow your business. The difference between the companies that succeed and those...
by Mark | Jun 14, 2021 | Business, Business Advisory, Tax Deductions, tax planning
What to know about the Capital Gains Tax Plan. President Biden’s election campaign ran on a promise to increase taxes on wealthy Americans and corporations. As part of the American Families Plan, the Biden administration has proposed substantial overall tax increases...
by Mark | Mar 27, 2021 | Business, Business Advisory, Tax Deductions
2020 Tax Return Checklist for Business and Personal Tax Deductions Tax season can be a stressful time for small business owners and individuals. Unlike other tax years, the 2020 COVID-19 crisis led to several tax changes such as unemployment benefits and P.P.P. loans....
