by Admin | Jun 23, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Retirement, Tax Planning
Waiting for your regular appointment to discuss current tax-related issues can create problems or cause you to miss out on beneficial options that need to be timely exercised before year-end. Generally, you should call this office any time you have a substantial...
by Admin | Jun 19, 2022 | Business Taxes, Entrepreneurial, Tax Planning
The United States economy is nothing if not cyclical – which can be a good thing or a bad thing depending on when, exactly, you’re trying to operate a business. According to one recent study, roughly 57% of small business owners say that they fear the U.S....
by Admin | Jun 9, 2022 | Business Taxes, Entrepreneurial, Tax Scams
A part-time bookkeeper is liable for his employer’s unpaid payroll taxes. He owes the 100% trust fund penalty for willful failure to deposit. He was an hourly employee of a doctor’s office and took care of the business’s payroll. Although he knew...
by Admin | Jun 2, 2022 | Business Taxes, Entrepreneurial, Individual Taxes, Tax Planning
Summer is almost here, and your children may be looking for a summer job. The standard deduction for single individuals increased from $12,550 in 2021 to $12,950 in 2022, meaning your child can now make up to $12,950 from working without paying any income tax on their...
by Admin | May 31, 2022 | Business Taxes, Entrepreneurial, Tax Planning
If you own or manage an auto repair shop, then accounting and bookkeeping are likely pretty low on your list of favorite past times. Unfortunately, tracking revenue and expenses and other financial aspects of your business is absolutely essential to your success....
by Admin | May 17, 2022 | Business Taxes, COVID-19, Entrepreneurial, Individual Taxes, Marketing, Tax Planning
To say that there is a lot going on in the world right now is truly a bit of an understatement. Starting a few years ago with the onset of the still ongoing COVID-19 pandemic, the role of the accounting professionals in the context of a small business began to change....
