As the new year gets closer, many people anticipate upcoming tax changes. 2024 will bring significant tax changes that business owners should be aware of when navigating business and personal taxes – however, with several changes to taxes underway, it’s easy to get lost and...
Tax planning is crucial for individuals as the 2023 tax season begins. As you approach the new year, various individual tax changes in 2023 must be considered. For instance, changes in tax brackets and standard deductions are essential to know during this tax season. However, individual...
The end of the year brings holiday cheer, along with new year's resolutions and, for many, some extra free time. While working on your taxes might not sound like the most exciting way to spend that time, it can be a smart idea for a...
Next year's tax season begins today Imagine starting the business of your dreams and loving every day of your life. That is until tax season rolls around, and your stress levels go through the roof. If you want to enjoy working for yourself all year, you...
Why Should I Hire a CPA Firm? Here Are 5 Excellent Reasons Sure, you can probably do your taxes. You might think you don't need a full-service CPA firm because you can pay your bookkeeper to handle everything. But when you really dig down, you may...
Start year-end tax planning sooner than later If you haven't already thought about your taxes, then now is certainly the time to do so. As the year draws to a close, taxes are on the mind of many businesses. Therefore, as the deadlines for the tax year...
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="grid" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" z_index="" css=".vc_custom_1582656603064{padding-top: 32px !important;padding-bottom: 64px !important;}"][vc_column][vc_row_inner row_type="row" type="full_width" text_align="left" css_animation=""][vc_column_inner width="1/2"][vc_column_text] A Handy Tax Checklist: What do you need to file your taxes? [/vc_column_text][vc_column_text css=".vc_custom_1631803495168{padding-top: 24px !important;}"]Gathering important tax documents is always the first step when tax season arrives....
What business documents should you keep for taxes? The cornerstone of any business is its documents and record-keeping processes. Good records will help you do much with your business, including monitoring the progress of your business, which items are selling, or what changes you need to...
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_single_image image="4825" img_size="full" qode_css_animation=""][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" css=".vc_custom_1585667935288{padding-top: 64px !important;padding-bottom: 64px !important;}" z_index=""][vc_column width="1/6"][/vc_column][vc_column width="2/3"][vc_column_text] Tax deadlines that will be extended in 2020 With the current COVID-19 pandemic and economic climate, the federal government moved tax...
The time to plan for taxes isn’t April 14. You should plan in the fall for the next year, according to the Internal Revenue Service. Step 1: Determine your filing status If you’re like other taxpayers, you usually only think about your filing status when filing your...