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QuickBooks tips

2024 Year-End Prep: Essential Tools and Updates in QuickBooks Online

Published on November 26, 2024

As 2024 winds down, tax professionals are gearing up to prepare and reconcile client accounts…

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The Corporate Transparency Act: Why You Need to File Your BOI

Published on November 18, 2024

Understanding the Corporate Transparency Act (CTA) is VERY important for small business owners, compliance officers,…

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Tax Deductions

2024 Last-Minute Year End Business Income Tax Deductions

Published on November 12, 2024

The purpose of this article is to get the IRS to owe you money. Of…

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Financial Review

How to Prepare for Your Year-End Financial Review: A Guide for Small Businesses

Published on October 29, 2024

As the year draws to a close, it’s time to take stock of your business’s…

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Tax Planning

Unlocking Success With Strategic Tax Planning for Small Business Owners

Published on October 24, 2024

Tax season can often feel like a daunting period for small business owners. The complexities…

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QBI Deduction

QBI Deduction: Maximize It Before It’s Gone

Published on October 1, 2024

The Tax Cuts and Jobs Act (TCJA) made the qualified business income (QBI) deduction one…

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Independent Contractor

The Department of Labor Makes It Harder to Hire Independent Contractors

Published on September 24, 2024

Does your business classify workers as independent contractors instead of employees? You should know that…

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Social Security Tax

Side Fund Increases Benefits When Cutting Social Security Taxes

Published on September 10, 2024

Last month, we wrote about saving money on your Social Security taxes. You may have…

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Roth IRA

Surprising Tax Impact of Converting Your Traditional IRA to a Roth IRA

Published on September 3, 2024

Taxpayers are limited in the annual amount they can contribute to a Roth IRA. The…

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S corporation

Convert from C to S corp: Save Thousands and Avoid BIG Tax Problem

Published on August 20, 2024

You can save BIG by understanding how to avoid the evil built-in gains tax that…

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