by Admin | Jan 19, 2025 | Business Taxes
As the new year dawns, small business owners often find themselves juggling a myriad of tasks. Among these, the issuance of 1099 forms can easily slip through the cracks, especially when payments for services rendered in December are made in January. This oversight...
by Admin | Jan 15, 2025 | Business Taxes, Individual Taxes
Individuals and small businesses should consider various ways of starting off on the right foot for the 2025 tax year. W-4 Updates – If you are employed, then your employer takes the information from your Internal Revenue Service (IRS) Form W-4 and applies it to the...
by Admin | Nov 26, 2024 | Business Taxes
As the year draws to a close, small business owners have a unique opportunity to implement strategies that can significantly reduce their tax liability for the upcoming year. By taking proactive steps in the final months, businesses can not only minimize their tax...
by Admin | Nov 7, 2024 | Business Taxes, Tax Planning
As the year draws to a close, it’s time to take stock of your business’s financial health. A year-end financial review isn’t just a box to check—it’s a crucial opportunity to assess your profit and loss, evaluate growth potential, and ensure your business is on...
by Admin | Oct 1, 2024 | Business Taxes
As the vibrant colors of fall give way to the chill of winter, many businesses brace for the inevitable seasonal slowdown. Whether it’s the changing weather or the uncertainty of election cycles, these periods can pose significant challenges to maintaining a...
by Admin | Apr 30, 2024 | Business Taxes
Payroll taxes can be a significant headache for many small—to medium-sized business owners. Without proper education, entrepreneurs can find themselves in trouble with the IRS and state tax agencies. Fortunately, if you’ve been struggling with payroll taxes, you’re in...
