Archive for July 2019
Sidestep These Errors to Keep More of Your Tax Dollars
Paper filing. Sloppy record keeping. Missing out on deductions. All these and more could mean you’re throwing money away. Here’s how to make your tax return as financially efficient as possible. There are many ways for a tax return to be filed incorrectly. The IRS offers a list of the 9 most common errors which…
Read MoreHow the 2018 Tax Cuts and Jobs Act May Impact Your 2020
Even though it began in 2018, the TCJA’s effects are only now in full swing. How will it impact you in the next year? Changes in the Tax Cuts and Jobs Act (TCJA), which first went into effect in 2018, have really only been felt now that we’re well into 2019, and 2018 taxes have…
Read MoreTax Planning
Tax Planning Tips for Individuals and Business Owners Introduction Winston Churchill famously said “Failing to plan is planning to fail,” and while relevant in many facets of life, this certainly applies to taxes. When individuals and business owners only start thinking about taxes as Tax Day approaches, they are putting themselves at a great disadvantage.…
Read MoreHow Start-Ups and Established Businesses Can Make the Most of Taxes
Entrepreneurs want to save every cent they can. Here are 5 pieces of advice, whether you’re an established operator or just starting out. Tax-time doesn’t always need to be a big bite out of your bottom line. There are a variety of methods available to entrepreneurs which can represent significant savings, either immediately or over…
Read MoreHow Understanding Tax Rules Can Maximize Profits from a Business Sale
A record number of American business owners are selling up. It pays to know what this means for your next tax return if you’re ready to close a deal. More people than ever are looking to become their own boss in 2019, so if you’re ready to sell your business, you may find no shortage…
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