Below you'll find a list of all posts that have been categorized as “TAX TIPS”
It’s that time of year again; back-to-school for millions of students in the US. That’s good news for most people, including small business owners. Did you know that you can purchase school supplies and donate them to your local schools as a write-off for your business? It’s true and the …
Sounds too good to be true right? Well, for most small businesses, it is. Tax havens are foreign places that have low taxes. Multinational companies move their money to these shelters, so they don’t have to pay the US tax rates on the money. Yes, even though it’s sometimes secretive, …
How are you keeping track of your monthly expenses for your business? Are you like most small business owners who keep a box of receipts, hoping to have time to go through them but never do? If you set aside 1 hour a week for record keeping, it will save …
Summer is the best time of year to meet with your accountant and do a tax-planning review. Here’s a few reasons why… Tax laws can change Business deductions can save you money but need to be documented. Changes in your business can affect what you will owe in taxes. Estimated …
