How to Ensure Your Tax Extension is Accepted
Filing a tax extension gives you or your business an exemption when you’re unable to file your tax returns by the due date. Typically, it gives you six extra months to do your taxes. However, [...]
Do I Need a CPA for My Business?
If you own a business, it might be time to consider finding a CPA. Taxes are inevitable. You will want to consider hiring a CPA for your taxes as opposed to a general accountant or [...]
Repairs Vs. Improvements: Tax Deductions for Property Owners
No one in their right mind really likes overpaying tax. Being a business property owner, however, can be a blessing at tax time. Why? Because as the owner of qualified property, the U.S. Internal Revenue [...]
Common S-Corporation and LLC Tax Errors
Most businesses wait until the last minute to complete their tax returns. Unfortunately, rushing to file your returns on time makes it difficult to avoid mistakes. Are you in a rush to file your returns? [...]
Tax Deductions Missed by Many Small Businesses
Starting a small business can bring great joy, but the road to profitability can be difficult. Clearly, you need a good business model, a well-thought-out operational plan, enough start-up capital, and a working knowledge of [...]
Tax tips: Don’t wait until the end of the year
Many people wait until the year-end to start arranging their taxes, which is a big mistake. Staying on top of your taxes all year round will ensure you pay the minimum amount owed. Here are [...]