by Mark | Dec 11, 2020 | 1099, Business, client
What is Form 1099 – MISC for Freelance and Contractors? The IRS Form 1099 – MISC is a returns form that informs the IRS that the person named in the form received taxable income during that said year. The 1099 form is one of the agency’s main weapons against...
by Mark | Dec 4, 2020 | Uncategorized
How to choose the best accountant for your business. Every business owner understands the intricacy of hiring or working with new people and firms. The decision to outsource particular accounting responsibilities for your business is one decision you cannot take...
by Mark | Nov 27, 2020 | Business, client
Business Analytics Factors to Track Data is an invaluable resource in the current ever-changing marketplace. As a business owner, knowing how to interpret, consume, and communicate data is an indispensable skill that helps you to come up with informed and strategic...
by Mark | Nov 20, 2020 | Business
Business taxes are complicated, and any year can bring surprises for small business owners. However, with the sweeping economical impacts of the COVID-19 pandemic, many will want additional support when filing their 2020 taxes. Find out what to expect after this...
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 13, 2020 | Business, client, PPP Loans
PPP Loan Forgiveness Guidelines On March 27th, 2020, the U.S. Congress approved a relief bill, better known as the CARES Act. This created the Paycheck Protection Program (PPP) that provides for forgivable loans to Small Business Administrations (SBAs), to...
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...
by Mark | Oct 27, 2020 | Business
One absolute must for running a small business is competent financial management. Without it, you risk everything you’ve worked so hard to build. Depending on the size of your business, its assets and cash flow, you have a range of options for who can handle your...
by Mark | Oct 22, 2020 | Business
Retiring as a business owner is more complicated than retiring from a typical job. In addition to ensuring that you have adequate retirement income, at some point you will need to transfer your business. Whether you plan to liquidate your business assets, sell your...
by Mark | Sep 30, 2020 | Business
Whether you’ve recently started your first business or are a seasoned business owner, a knowledgeable guide can make your journey much smoother. Sometimes you struggle with how to meet your profit goals, while other times, rapid expansion causes growing pains. Other...
