With year’s end approaching, it’s time for tax planning and preparation. Before you begin to prep for this critical time, keep in mind that there have been some changes that might impact your tax situation. To soften the tax load and come out on top this tax season...
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...
Preparing taxes as a business owner is tough every year. The very thought of tax season is enough to make you feel a little uneasy, especially after a year unlike any other. Yet, with a few simple tricks, you can gain a sense of confidence and feel at ease when...
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,...
After a difficult 2020, business owners are hoping to bounce back stronger than ever. With the new year upon us, it can be easy to consume yourself in your new business plans and efforts to adapt. Eventually, business owners will have to step back into the accounting...
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...