Best Small Business Tax Deductions
As a small business owner, you often ask yourself, how can I maximize my tax deductions? Reducing your tax payments is possible.
Tax Hikes
Hire a Tax Professional
Hiring an experienced expert can make a difference. The key here though is to plan in advance! Don’t wait until the dreaded deadline each year, April 15, to start thinking about tax savings.
Hiring the Kids or Grandparents Tax Strategy
Small businesses that are not taxed as corporations can hire their kids and grandparents without incurring any federal or payroll tax for legitimate services rendered paid at market rate.
Having Your LLC Taxed as a Corporation has Major Tax Advantages
A business operating with an LLC can elect to be treated as an S-Corp or C-Corp for tax purposes. This can help you save thousands in taxes.
7 Tax Strategies for Freight/Trucking Business Owners
The number of Freight/Trucking business owners who I have met that are overpaying on their taxes is astonishing. Many of them were already working with a CPA and thought there was nothing they could do about it.
Are drones tax deductible in the Construction Industry?
Drones can help your project managers in the construction industry track progress, generate maps and conduct site surveys.
2021 Transportation Taxes
Last year was difficult for construction companies. Contractors depleted their backlogs quicker than they could replenish them. Do you want to close out 2021 in the best financial position? It’s time for tax planning!
2021 Construction Taxes
Last year was difficult for construction companies. Contractors depleted their backlogs quicker than they could replenish them. Do you want to close out 2021 in the best financial position? It’s time for tax planning!
Tax Hikes Stated In New White House Release
The new administration has just added to the long list of changes, which includes substantial tax hikes. Campaign Tax Plan, American Rescue Plan, American Jobs Plan, American Families Plan.
Just Released: The American Families Plan
Yesterday, the White House released The American Families Plan that includes guidance to the new highly expected tax changes.