Aug 12, 20193 minReading your Financial Statements (3 of 3)There are three major financial statements, the Balance Sheet, Income Statements (sometimes referred to as Profit & Loss), and the...
Aug 12, 20193 minReading your Financial Statements (2 of 3)Before you can begin to analyze your financial statements, you first have to understand the rules, or methodology, by which they’ve been pre
Aug 12, 20192 minReading your Financial Statements (1 of 3)As a business owner, you should have at least a basic understanding of accounting...in particular you should know how to read your financial
Aug 4, 20192 minQualified Business Income (Tax) Deduction (3 of 3)For individuals whose income comes from a Specified-Service Trade or Business, present company included, the Qualified Business Income...
Aug 4, 20192 minQualified Business Income (Tax) Deduction (2 of 3)In tax planning, deductions come in two flavors. First are your tax deferral strategies. This includes things like retirement...
Aug 4, 20192 minQualified Business Income (Tax) Deduction (1 of 3)Hey small business owners, today I’m going to be talking about, perhaps the most relevant topic following the Tax Cuts and Jobs Act of...
Aug 2, 20192 minForeign Account Reporting Requirements (FBAR)U.S. citizens and residents with a financial interest in authority over any foreign financial account may need to report.
Aug 2, 20196 minThe IRS Is Cracking Down on Cryptocurrency Tax TransactionsThe IRS announced in late July 2019 that it is ramping up its campaign to ensure that taxpayers with cryptocurrency transactions report them