5 tax tips for Bitcoin and Crypto businesses
Tax season is finally here, and with it comes the possibility of more paperwork and stress. The IRS requires that crypto traders and businesses make a few important tax payments, including taxes on crypto-to-crypto transactions, [...]
3 tax preparation tips for nonprofit organizations
Your nonprofit organization may meet the qualifications for tax-exempt status, but you will still need to prepare for end of year filings. While you should work with an experienced CPA, there are certain things you [...]
Repairs vs. Improvements: Tax Deductions for Landlords
No one enjoys paying taxes. Being a landlord, however, can be a blessing at tax time. Why? Because as a landlord, the IRS permits a wide variety of tax write-offs and credits that may increase [...]
Tax advice for small business owners
Filing tax returns without the proper planning and guidance is a common mistake that many small businesses make. Tax preparation is not a simple matter, and doing it wrong could have dire consequences for your [...]
Why hire a CPA for tax planning and preparation?
Year after year, taxes preparation and filing can be a major headache for many businesses and individuals. But, there is a better way to do your taxes: hire a skilled and competent CPA. A CPA [...]
5 mistakes to avoid when hiring a business tax preparer
Most businesses, especially SMBs, forgo hiring a tax preparer to save on money. However, the benefits of getting tax preparation services from an expert far outweigh its costs. This is because a tax preparer can [...]