Corporate and LLC Structure Can Protect Sole Proprietors’ Assets
What is the difference between each? Learn more below.
What Every Employee Needs to Know About 401(k) Savings.
More and more employers are offering 401(k) plans as an employee benefit, and if you have the option and are not currently taking advantage of it, it may be time to rethink your savings strategy. Learn more.
Tax-exempt Organization Information Returns are Due by May 16, 2022
Tax-exempt organizations must file information returns electronically by May 16, 2022 or file an extension.
Vacation Home Rentals: How the Income Is Taxed
If you have a second home in a resort area and are considering whether to offer it as a part-time rental, you will need to consider some complicated rules for vacation-home rentals.
Video Tips: Wondering When Your Tax Refund Is Coming?
If you are eager to find out about the status of your tax refund, the IRS offers a free tool called Where’s My Refund that is just a quick Google search away.
Best Accounting Tips for Auto Repair Shops
If you own or manage an auto repair shop, then accounting and bookkeeping are likely pretty low on your list of favorite past times. Learn how to get help.
Writing Off Your Business Start-Up Expenses
Individuals starting up a new business may be helped by a tax law allowing them to deduct up to $5,000 of the start-up expenses and $5,000 of organizational expenses.
Video Tips: Thinking about Bunching Your Tax Deductions?
Bunching your tax deductions can help you get the most out of itemizing your taxes. Watch this video for an introduction to bunching.
If you fail to plan, you plan to fail.
One of the major reasons why planning is so crucial in this context is because it helps avoid one of the single biggest problems that both businesses and individuals often face: not budgeting properly.
How to get the most out of your tax and accounting professional.
Accounting professionals were able to help many organizations avoid things like cash flow emergencies, burnout, and anxiousness. Learn more.