by candy | Sep 13, 2024 | Taxes, Video Blogs
Since we are past the original filing due date of March 15 for certain entities and April 15 for individuals and C Corporations, you have either filed your return or requested an extension. With the filing deadline for extensions fast approaching, I wanted to share...
by candy | Aug 26, 2024 | Featured, News Letter, Taxes
The QBI deduction allows eligible business owners to potentially deduct up to 20% of their qualified business income (QBI). This applies to income from sole proprietorships, single-member LLCs treated as sole proprietorships, partnerships, LLCs treated as...
by candy | Jul 15, 2024 | Featured, Taxes
The Tax Cuts and Jobs Act (TCJA), guidelines and tax expectations have become a little confusing lately. To assist small businesses save some money and avoid accidental penalties in the wake of our current loophole-filled tax law, here are some tax-saving tips to...
by candy | Jul 8, 2024 | Featured, Taxes
A recent report from Avalara suggests that businesses should anticipate an increase in sales tax audits in 2024 due to various changes happening at state and federal levels. These changes include advancements in technology such as artificial intelligence, which are...
by candy | Jun 17, 2024 | Shared, Taxes
In this podcast episode, Gene Marks delves into the challenges small businesses face in collecting accounts receivables and provides practical strategies to expedite the process. With the average timeframe for receivables ranging from 45 to 60 days, Gene shares five...
by candy | Jun 10, 2024 | News Letter, Shared, Taxes
As you encounter the world of tax filing, it’s crucial to understand the importance of submitting all your returns, even if you can’t pay your taxes in full right away. Whether you’re filing on time or catching up on past due returns, the process...