5 best small business deductions for 2021

Hopefully, the light at the end of the tunnel will continue to brighten. For many small business owners, getting through economic pain of the pandemic is still an uphill climb. More than any other year, lowering your taxable income is a big priority. As a business...

5 essential tax tips for small business leaders

As a small business leader, you know the pain all too well. So many businesses closed their doors for longer than expected. In some situations, businesses shuttered indefinitely.   While the pandemic’s financial ramifications vary from business to business, there’s no doubt that your taxes will be...

Tax

How to estimate taxes as a freelancer

There are perks and downsides to living the life of a freelancer.   When it comes to handling taxes, however, there should be zero worries regarding tax liabilities estimates.   Freelancers must navigate a host of tax responsibilities that are typically handled by a payroll department. Setting aside money...

Small Business Tax Advice and Survival Guide

Tax season comes to all businesses big and small, and can be a headache no matter how well you think you’ve prepared. For a small business owner wearing many (or all) hats in the business, it’s an unwelcome extra task sure to cause late hours...

Tax

Retirees with pension income: Do a Paycheck Checkup

If you’re a retiree, you should check to make sure you’re paying enough tax during the year. The Tax Cuts and Jobs Act changed the way tax is calculated for most taxpayers, including retirees.   Because of this law change, if you receive a monthly pension or...