by Admin | Aug 18, 2022 | Business Taxes, Entrepreneurial, Tax Planning
As a small business owner, you should always be on the lookout for legitimate ways to minimize your taxes. Waiting for year-end to do your tax planning can be too late and you may miss many possible opportunities. The following are valuable tips that help you...
by Admin | Aug 16, 2022 | Business Taxes, Tax Planning
For small business owners, in particular, growing a business has always been something of a challenge. On the one hand, you don’t want to grow too quickly – doing so can significantly damage the trajectory that you’ve set out on. But at the same...
by Admin | Aug 15, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning
IRS announces interest rate increases for the fourth quarter of 2022; 6% rate applies to most taxpayers starting Oct. 1. (2022, August 15). Internal Revenue Service. Retrieved August 15, 2022, from...
by Admin | Aug 10, 2022 | Business Taxes, Tax Planning
What business owners need to do when closing their doors for good. (2022, August 10). Internal Revenue Service. Retrieved August 10, 2022, from https://www.irs.gov/newsroom/what-business-owners-need-to-do-when-closing-their-doors-for-good “There are a few things...
by Admin | Aug 10, 2022 | Business Taxes
Flook, B. (2022, August 1). House Passes Bills to Expand VC Fund Exemption, Broaden SEC Small Business Advocate Mandate. Thomson Reuters. https://tax.thomsonreuters.com/news/house-passes-bills-to-expand-vc-fund-exemption-broaden-sec-small-business-advocate-mandate/...
by Admin | Aug 9, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Uncategorized
The word “audit” tends to strike fear in the hearts of American taxpayers, but the truth is that not every audit is a result of a problem, or that the Internal Revenue Service suspects you of wrongdoing. There are several reasons why the IRS might want to audit your...