Can you believe we only have a little over 6 weeks left in 2018? Time flies when you are having fun and working hard, right? Speaking of working hard, have you made more money than you were expecting and now need more write-offs to offset it? Even if you made …
Tax Credits
As tax professionals, we often get asked about tax credits and tax deductions. Some people assume they are the same thing, but they are not. A tax deduction reduces your taxable income while tax credits provide a dollar-for-dollar reduction to your income tax liability. Which means tax credits are worth …
Start Planning Now
Aren’t you so glad tax-return season is OVER?! We know we are. Now that it is behind us, it is a good idea to start planning for the rest of 2018. We have come up with a few tips to help you get prepared… Review your tax-return that was just …
Small Business Saturday
Small businesses are the heart of our business. We love helping small businesses with their accounting, payroll and taxes. Here a resource with tons of information for small businesses from the IRS… https://www.irs.gov/businesses/small-business-and-self-employed-tax-center Small businesses, just like ours, survive on local support. So, this Saturday, shop local. Find the shops …
Quarterly Estimated Taxes Due
Just a friendly reminder from Miller and Associates…your quarterly estimated taxes are due 2 weeks from today. If you don’t postmark the payment on or before September 15th, the IRS will charge you a penalty. So, mail your payment in soon! Or, you can pay on online at https://www.irs.gov/payments/direct-pay For …
Following All of the Rules?
As a small business owner, how do you keep up with all of the state & federal regulations, tax liabilities, and accounting issues that affect their business? It’s almost impossible right? Most successful business owners hire the brightest bookkeeper and accountant they know to keep up on all of it …