Advertising and Marketing Costs May Be Tax Deductible
Dec 12, 2022 | Feature Articles
As a small business owner, you may be able to deduct advertising and marketing expenses that help bring in new customers and keep existing ones. Even better is that these deductions help small businesses save money on their taxes. Here’s what you need to know...What To Know About IRS Letters and Notices
Oct 31, 2022 | Feature Articles
When the IRS needs to ask a question about a taxpayer’s tax return, notify them about a change to their account, or request a payment, it often mails a letter or notice to the taxpayer. Taxpayers should know that the IRS sends millions of these letters and...Understanding Marginal vs. Effective Tax Rates
Oct 31, 2022 | Feature Articles
Understanding marginal and effective tax rates is important for tax planning purposes; however, many taxpayers don’t fully understand the differences. Let’s take a closer look: Marginal Tax Rate The United States has a progressive tax system. The more...Cash Management Tips for Small Businesses
Oct 31, 2022 | Feature Articles
Cash flow is the lifeblood of every small business but many business owners underestimate just how vital managing cash flow is to their business’s success. In fact, a healthy cash flow is more important than your business’s ability to deliver its goods and...Use These Strategies To Pass on Wealth to Heirs
Oct 31, 2022 | Feature Articles
Individuals with significant assets should take advantage of proven tax strategies such as gifting and direct payments to educational institutions to transfer wealth to heirs tax-free and minimize estate taxes. Rising inflation, a volatile stock market, and relatively...Tax Due Dates for
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- Seniors: A Tax-Wise Alternative to Selling Your Appreciated Home
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- An IRA Withdrawal Strategy with Tax-Reducing Power
- Factoring the QBI Deduction into Year-End Tax Planning for Your Business
QuickBooks Tips
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