The standard deduction is the simplest way to do your taxes, but sometimes itemizing will save more money. Learn how to start calculating and which route to choose. Key takeaways: Itemizing deductions means you will list all eligible expense deductions on your tax return instead of claiming the standard. Most Americans claim the standard deduction […]
About David Auer
This author has yet to write their bio.Meanwhile lets just say that we are proud David Auer contributed a whooping 130 entries.
Entries by David Auer
If you have several avenues of income or lots of opportunities for deductions, gathering the right tax forms and documents can seem overwhelming. Here are the basics to help guide you. Key takeaways Documents and records you’ll need for your taxes: Income tax forms (W-2, 1099s, etc.) Investment income and retirement information Tax forms for […]
If you own a business, planning for future transitions and taxation should start now. Key takeaways Business structure matters for taxes, whether it’s a pass-through entity, S or C corporation, or another entity The Tax Cuts and Jobs Act lowered the corporate tax rate, and it also created the qualified business income deduction for pass-through […]
When you need more people for your business, weigh the pros and cons of hiring an employee versus an independent contractor.
If you are a small business owner or independent contractor, you probably need to pay estimated tax each quarter. Here is a guide to this obligation.
Many Americans have now shifted to a remote work environment. What does the change mean for your taxes?
Millions of Americans still owe billions to the IRS in back taxes, interest, and penalties, but the Taxpayer Relief Initiative offers some assistance.
The Paycheck Protection Program (PPP) was first introduced under the CARES Act, and the latest relief bill clarified specific tax implications.
Many tax provisions introduced in the CARES Act were set to expire at the end of 2020. Which lapsed and which were extended?
The CARES Act includes a special provision that allows taxpayers to deduct up to $300 in charitable contributions. Learn more about who and what qualifies.
Provident CPA & Business Advisors offers a holistic approach to business advice where we do 3 things and do them well. Increase cash, Grow Profitably and Exit Well. From tax minimization to business advising, to exit planning, we offer a personalized membership program with a concierge level of service that can’t be matched.
9175 S. Yale Avenue, Suite 300
Tulsa, OK 74137
1-85-LOWER-TAX | 1-855-693-7829
8:00am to 5:00pm M-F