by Candy | Dec 30, 2024 | Taxes
Self-employment offers many benefits, but it also brings additional tax responsibilities. One of the key forms you’ll need to file as a sole proprietor or single-member LLC is Schedule C, which reports your business’s profit or loss. What is Schedule C? Schedule C,...
by Candy | Dec 27, 2024 | Podcast
Transform your business and life with Drewbie Wilson’s powerful sales strategies. Stop undervaluing your time, crush impostor syndrome, and call the leads to secure success! #SalesTips #CrushTheDay #EntrepreneurMindset Key Notes Transformative Journey: Drewbie...
by Candy | Dec 27, 2024 | Video Blogs
The IRS reminds businesses that changes from the SECURE 2.0 Act will affect how Forms W-2 (including W-2AS, W-2GU, and W-2VI) are completed. These changes reflect new provisions related to employer retirement plans, which are designed to promote increased...
by Candy | Dec 26, 2024 | Video Blogs
Hello, everyone. I wanted to take a moment to update you on some recent developments regarding the Corporate Transparency Act, or CTA, and the reporting requirements for Beneficial Ownership Information, or BOI. I was originally going to share with you that the U.S....
by Candy | Dec 26, 2024 | Community
If you’re an IRA owner aged 70½ or older, there’s great news—you can donate up to $105,000 tax-free to qualified charities in 2024. That’s an increase from the previous limit of $100,000, offering more opportunities to support the causes you care about...