by Jarel Daniels | Oct 4, 2024 | Tax & Accounting, Tax tips
Financial Tips for Small Business Owners Financial Literacy for Small Business Owners: A Practical Guide Running a small business is a challenging feat. It requires a delicate balance of creativity, hard work, and financial savvy. While the creative and operational...
by Jarel Daniels | Jul 30, 2024 | Tax & Accounting, Tax tips
QBI Deduction: Is This Tax Break for Small Businesses About to Disappear? Small business owners got a much-needed break a few years back when the Qualified Business Income (QBI) deduction was introduced. This tax perk essentially gave businesses a discount on their...
by Jarel Daniels | Jun 20, 2024 | IRS, IRS Updates, Tax tips
What IRS Assistance for Late Tax Filers is Available for Business Owners? Business owners who missed the April deadline for filing their 2023 federal income tax return still have several options available to manage their tax obligations. The IRS offers various payment...
by Jarel Daniels | Jun 6, 2024 | Tax filing, Tax Payment, Tax tips
How Can You Navigate Tax Filing and the IRS’s Free Tax Filing Program? Tax season, often a time of mixed emotions for many, is made more manageable with the Free Tax Filing Program. On the one hand, there’s the anticipation of potential refunds, but on the...
by Jarel Daniels | May 24, 2024 | Accounting, IRS, Tax & Accounting, tax credit, Tax tips
How can businesses ensure accuracy in their Employee Retention Credit claims on their tax returns? Some individuals have misrepresented the eligibility criteria for the Employee Retention Credit (ERC). The IRS has identified seven indicators of potential incorrect...
by Jarel Daniels | Apr 23, 2024 | Accounting, IRS, Tax & Accounting, Tax tips
Feeling the Pressure of Missed Tax Deadlines? Here’s What You Need to Know! It’s completely natural to feel anxiety as the tax deadline approaches. It’s understandable that life can get chaotic, and deadlines can sometimes slip our minds. The thought...
