Have you heard that the global tax management software industry is worth around $16 billion? Nowadays, there’s a plethora of tax planning software available, promising streamlined […]
Why Tax Planning Software Doesn’t Cut It
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The Form 1041 Due Date Is Soon! Here’s What to Know.
The Form 1041 due date is approaching, and it’s imperative to understand how to handle this information correctly. This will help you avoid issues you […]
The Ultimate Small Business Tax Deductions Checklist
The average small business pays almost 20% of its annual gross income in taxes. Every dollar counts when you’re running a small business, so it’s important to […]
QBI Deduction Explained
If you are a self-employed individual or operate a small business, you might be eligible for the Qualified Business Income (QBI) deduction. This significant tax benefit allows […]
3 Creative Tax Deductions for Small Business Owners
Taxes are as old as civilization itself. The earliest tax records we have date back to Ancient Egypt over 4,000 years ago. Taxes have changed quite a […]
Wealthy and Wise: 4 Tax Planning Strategies for High-Income Earners
Despite media narratives, America’s wealthiest households foot the nation’s tax bill. In fact, the top 1% of earners account for more than 40% of all […]
5 Common Bookkeeping Mistakes: How Bookkeeping and Tax Services Can Help
Were you aware that 37% of small businesses struggle with taxes? Running a small business is no easy feat. It’s crucial to keep a keen eye on […]
Self-Employed vs Freelance Taxes: What You Have to Know
Did you know that sixteen million people in the United States identify as self-employed? Being self-employed certainly allows for an amount of freedom that doesn’t come with […]
The Do’s and Don’ts of Small Business Tax Planning
Nerdwallet reports that there are 33.2 million small businesses in the United States. Further, 34.6% of small businesses have been in business for at least ten years. […]
5 Tax Planning Strategies That Could Save You Thousands
You might be surprised to learn that the top 50% of taxpayers paid over 97% of all income taxes in 2018. Although taxes can be a financial […]