We all know that people would rather get a refund on their taxes than have to owe taxes in April. So, here are a few ways that may reduce your tax liability for 2018… If you are a business owner and your income out-ways your expenses this year, then it …
Five Tips on How to Get Paid Sooner
As a freelancer or sole proprietor, you probably count on every penny that comes in right? Do you find it difficult to get paid in a timely manner? We have heard that a lot. So, we have come up with a list of ways that may help you get paid …
IRS Warns of More Tax Scams
Tax scams happen year-round, but they seem to be more common during tax season and in the summer. The IRS website is a great resource for scams that are happening to tax payers all around the country. Here are a few of the latest scams we thought were important for our …
Preparing Your Business in Case of a Disaster
Can you imagine if you had a flood, fire, or natural disaster destroy your business and everything in it? No, we don’t want to imagine it either. But, it is important to prepare yourself and your business in case of a disaster. Come up with an emergency plan and update it …
Tax Tips for Small Business Owners
Tax season is in full swing and most small business owners are reviewing their taxes, income and expenses right now. How is it going? Did you save all of your receipts and do you know about all of the tax deductions? No one expects business owners to also be tax …
Deadline Approaching: October 16th Taxes Due
If you requested and obtained a 6 month extension for your 2016 personal or corporate taxes, remember to file your return and pay your taxes by October 16th. For all the tax deadlines, check out this calendar on the IRS website… https://www.irs.com/articles/2017-federal-tax-calendar As always, we are available to all of …
Back to School
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 …
Do Tax Havens Exist?
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, …
As We Celebrate…
As we celebrate the 4th of July, we can’t help but think about how lucky we are to live in the USA. At Miller and Associates, we are thankful for our independence and for those who have fought and are still fighting for it. Happy Independence Day from our family …
Summertime = Time to call your Accountant
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 …