Tax-Saving Tips
This month we have more tax-saving tips that you may be able to implement to reduce your tax liability.
HSA for Business Owners
September 19, 2023
When enacted, the Affordable Care Act (ACA) eliminated most small-business health plans that reimbursed individually purchased health insurance. Consequently, many small business owners with
Act Now! Get Your Safe Harbor Expensing in Place
September 19, 2023
For 2024, you can elect the de minimis safe harbor to expense assets costing $2,500 or less ($5,000 with audited financial statements or similar).
Key Insights into Depreciation
September 19, 2023
Insights Into Depreciation Here are some crucial insights into depreciation, particularly regarding business or rental assets. When Does Depreciation Start? Technically, depreciation begins not when