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 […]
The Ultimate Small Business Tax Deductions Checklist
Tax Resources
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 […]
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. […]
How to Choose Tax Preparation Services: Everything You Need to Know
Did you know that taxes have been the main source of income for the United States government since 1950? The concept of taxes has persisted for […]
4 Money Saving Tax Deductions for Homeowners
According to studies, 64% of millennial homeowners have regrets about buying their house. This is usually due to the cost of maintenance and other hidden […]
4 Tax Deductions Most People Forget About
When it comes to your tax return, the deductions you claim can greatly affect your refund. Unfortunately, if you’re like many tax filers out there, […]
Tax Identification: Self-Employment vs Independent Contracting
According to research by Lawrence Katz, Alan Kruger, and the U.S. Bureau of Labor Statistics, there are between 6.9 to 9.6 percent of independent contractors in the workforce. […]