3 Last Minute Moves to Reduce Your 2019 Taxes
Can you believe 2019 is winding down already? If you want to make the most of your taxes this year, here are three things you can do before the year ends (and one even after …
Tech Tools to Grow Your Business – QuickBooks Online
In the world of tech, there are thousands of tools you can use to make your life easier and there are a few that are a perfect fit for the jobs you need to do. These are the tools of your trade. Then there are software applications like QuickBooks Online. QBO is more than a tool; it’s a toolbelt. In addition to being one of the most powerful…
How Will the New Postcard Form 1040 Affect Your Taxes?
You may remember a lot of speculation and talk about a new simplified tax form that fits on a postcard. Like much of the recent Tax Cuts and Jobs Act that inspired the new Form …
How Will the New Postcard Form 1040 Affect Your Taxes? Read More »
Three Great Ways to Reduce Your Tax Bill
While some taxpayers play the game of questionable tax deductions, many more hesitate to take perfectly legitimate tax breaks because they don’t understand the tax code and are afraid it will trigger an audit. As long as you’ve kept good records and followed IRS guidelines, the possibility of an audit…
Do Your Books Need a Clean Up? Don’t Wait!
Whether you do your own books, have a bookkeeper on staff, or have an outside professional handle it for you, there is always a chance of errors. Data entry errors, missed entries, misclassification, or even …
How Does the New 20 Percent Pass-Through Deduction Apply to Your Business?
If you’ve been keeping an eye on the new Tax Cuts and Jobs Act, you probably know about the 20 percent deduction of qualified business income (Sec. 199A) for pass-through entities. Here is a brief summary, just in case you did not. Most C Corporations are getting a tax rate reduction…
Get the Most Out of Your Taxes with Tax Planning
If you’re like a lot of business owners, you try not to think about taxes until tax day approaches. Why go through the stress, right? Unfortunately…
The Importance of Delegation in Business
As a business owner, you may feel like you always have to take on the hardest projects yourself. However, there is a certain value in learning to delegate. The same is true for your personal responsibilities…
Did Technology Just Replace my Accountant?
Accounting and tax software are getting more advanced. It’s amazing what these programs can do and there is a constant stream of new applications with new, added functions. It makes some people wonder if they even need an accountant…