Business Tax Archives

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Blog Archives

New Rules Impacting Businesses in 2020

Reading Time: 3 minutes Several of the new rules that impact businesses in 2020 are changing. We mention them below, so you can prepare for them and make the

January 9, 2020 No Comments

Taxation of Business and Personal Use Assets

Reading Time: 4 minutes As accounting and tax experts, we encounter many situations where small businesses are confronted with complex Federal Income Tax issues in regards to both business

December 16, 2019 No Comments

2020 Expats Tax Due Dates

Reading Time: 3 minutes 2020 tax due dates for expats (US Person, Citizen or Permanent Resident) living outside the US and are filing 2019 tax returns. US tax is

December 4, 2019 No Comments

4 Trends to dominate in 2020 for Small Business

Reading Time: 3 minutes Predictions are always risky, but it is important for small businesses to prepare for the future. Here are four trends to dominate in what is

November 27, 2019 No Comments

Learn 3 Great Tax Breaks That Can Effect Your Business in 2020

Reading Time: 3 minutes In late 2017, the Tax Cuts and Jobs Act was signed into law, bringing sweeping tax reform including tax breaks to American businesses and individuals

November 25, 2019 No Comments

2020 Tax Due Dates and Deadlines for 2019 Tax Returns

Reading Time: 3 minutes Filing and paying your taxes on time in 2020 is way easier when you know the due dates and when you have a great CPA.

November 15, 2019 No Comments

6 Great Retirement Plan Options For Small Business

Reading Time: 4 minutes Retirement plans can range from very simple and easy to somewhat complicated. And retirement plans can be totally free to the employer or can range

November 6, 2019 No Comments

I am Paid Under the Table – How Do I File My Taxes?

Reading Time: 4 minutes Understanding the Difference of Being Paid Under the Table and Being Paid in Cash Know For starters, you have to first understand that you are

October 21, 2019 No Comments

Differentiating Tax Deductions and Tax Credits to Minimize Tax

Reading Time: 4 minutes To be brutally honest, all of us want to save as much money as we possibly can on our taxes. There is nothing pleasurable and

October 7, 2019 No Comments

Can I Write Off Previously Bought Equipment As My Business Expenditure?

Reading Time: 3 minutes Technically speaking, you can’t realize and list your tools and equipment expenses and deductions as business expenditure before you even embark on starting your business.

September 30, 2019 No Comments

Tax Implications Of Selling A House With Home Office

Reading Time: 3 minutes The best trick that solopreneurs, freelancers and home-based business owners’ resort to is to deduct home office expense. Home office tax deduction can be simple

September 23, 2019 No Comments

IRS Tax-Free Rental Income Loophole

Reading Time: 3 minutes It is safe to assume that you might be thinking renting an apartment or house to a tourist in order to make some extra cash.

September 18, 2019 No Comments

How Your Small Business Can Survive A Trade War and Tariffs?

Reading Time: 4 minutes You can’t turn on the news these days without hearing about pending or threatened “trade wars” between the United States and various foreign nations, particularly

August 29, 2019 No Comments

How To Quickly Reach A Live Person at IRS

Reading Time: 2 minutes Through the budget cuts and hiring freeze, it’s getting harder and harder by the day to quickly reach a live person at IRS. Let’s find

August 23, 2019 No Comments

Learn How To Protect Your Business With Key Man Insurance

Reading Time: 3 minutes Should You Consider Key Man Insurance to protect your business? Don’t worry, we are not going to be morbid. But we have to ask the

August 13, 2019 No Comments

When Should Your Small Business Hire More Employees?

Reading Time: 3 minutes Growth is the most important and exciting part of small business life. At the same time, growth phase poses a very challenging question “When is

August 9, 2019 No Comments

Absolutely Easy Tax Rules About Selling Business vehicle

Reading Time: 4 minutes Have a business vehicle you want to sell? Don’t make a move until you look into all the tax rules that you’ll need to follow when

August 1, 2019 No Comments

Learn How To Make Estimated Tax Payment

Reading Time: 3 minutes As accounting professionals with tax expertise we are here to help. With burdensome and complicated Internal Revenue Service (IRS) requirements regarding estimated tax payment for

July 2, 2019 No Comments

Online Retailer Sales Tax Information You Need to Know Now

Reading Time: 3 minutes If you are reading this, you are a online retailer dealing with sales tax. Keeping up with sales tax within youre state and rest of

June 27, 2019 No Comments

Tax Preparation: Essential Business’s Cash Flow Management Strategy

Reading Time: 3 minutes If I were forced to name one problem common to all business owners, it would be cash flow management and tax an important part of

June 3, 2019 No Comments

Learn How To Start Hiring Your Children for Tax Benefits

Reading Time: 2 minutes Summer is upon us, and with the sunshine comes the need for seasonal help for businesses of all kinds. One of many reason of hiring

May 30, 2019 No Comments

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