Tax-Saving Tips
This month, we have tax-saving tips that you may be able to implement to reduce your tax liability.
Almost the Last Chance to Claim the 2021 Employee Retention Credit!
Claim the 2021 Employee Retention Credit If your business has not yet claimed the 2021 Employee Retention Credit (ERC), you still have time—but you must
Beware of UBIT in Your IRA—It Causes Double Taxes
Beware of UBIT in Your IRA Do you own a traditional IRA, Roth IRA, SEP-IRA, or SIMPLE IRA? Usually, the income earned within these accounts
Heavy Vehicle Deduction + Deductible Home Office = Major Tax Savings
Heavy Vehicle Deduction + Deductible Home Office If you are considering purchasing a business vehicle, you may be eligible for significant tax deductions, especially when
How to Correctly Pay Yourself and Take Cash from Your Business
How to Correctly Pay Yourself A common question among business owners is how to properly pay themselves from their businesses. The correct method depends on
Get Partner-Paid Expenses Right: Don’t Cheat Yourself
Get Partner-Paid Expenses Right If you are a member of a multi-member LLC taxed as a partnership (as most are) or a traditional partnership, you