4 days ago3 minPreparing for an Audit: Best Practices for Business OwnersFacing an audit is often a daunting prospect for business owners, but with the right preparation and practices, it can be a much smoother...
Sep 234 minYear-End Tax Planning Strategies for Small BusinessesAs the fiscal year comes to a close, business owners have a unique opportunity to optimize their taxes and maximize their savings....
Sep 162 minMaximizing Mortgage Interest and Tax Deductions through Equitable OwnershipEquitable ownership occurs when an individual has the rights and responsibilities of owning a property without holding its legal title....
Sep 93 minShould Tips Be Tax-Free? How Recent Proposals Could Change the Way You TipTipping culture has undergone significant changes in recent years, particularly with the rise of digital kiosks and self-checkout lanes...
Sep 33 minUnexpected Tax Consequences of Converting a Traditional IRA to a Roth IRATaxpayers face annual limits on how much they can contribute to a Roth IRA. For 2024, the maximum contribution is $7,000 ($8,000 if you...
Aug 284 minSeptember 2024 Business and Individual Due DatesBusiness Due Dates September 16 - S Corporations File a 2023 calendar year income tax return (Form 1120-S) and pay any tax due. This due...