Success Mentality: What Small Businesses Can Learn from Some of the World’s Most Notable Entrepreneurs If you’re looking for success and longevity in your business, whether you have just the spark of an idea or you’re already in the thick of things, where better to look for inspiration and advice than some of the most […]
Year: 2018
Saving Beyond a 401(K)
Whether you don’t have access to a workplace retirement plan, or you just don’t know how to begin saving beyond your employer-provided 401(K), the hard truth is that nearly half of Americans aren’t saving enough for retirement. The goal when saving for retirement is to minimize tax liabilities and maximize earning potential. Below are a […]
IRS Suggests Taxpayers Check Their Withholding in Light of Tax Laws
With the passing of the new tax laws and taxes recently filed for most individuals, the IRS is urging several taxpayer groups to perform a “Paycheck Checkup” to ensure they are withholding the correct amount from their pay. Key groups who should consider a “checkup” are households with two or more incomes, those who work […]
How the New Tax Laws Affect Small Businesses
As a small business, you may always feel anxious around tax time, wondering if you paid your estimated taxes correctly, unsure if you will owe or receive a refund this year. With the passage of the Tax Cuts and Jobs Act, this tax season may seem even more uncertain as to how your bottom line […]
How Section 179 Can Save Your Small Business Big Money
If you own a small business, you understand the value of being smart with your finances, particularly when it comes to searching for qualifying tax breaks. If you’re not familiar with Section 179 of the tax code, then you could be missing out on some major benefits for your business. Section 179 essentially allows businesses […]
IRS Warns of Continued Phone Scams During Tax Season
As continued awareness for taxpayers, the IRS has sent out a reminder to be on the lookout for scammers and fraudulent activity throughout this tax season, specifically regarding unknown emails or phone calls. Aggressive phone scams where criminals call posed as IRS officials are a common scam throughout the year as a part of the […]
Will the Tax Cuts and Jobs Act Affect Your Business?
There has been much discussion around how the new tax laws will affect individual taxpayers and families of all income levels, but what about small businesses, startups and corporations? Individual taxpayers will see a decrease in their income tax rate, a doubling of the standard deduction, a reduction of itemized deductions and changes to elder […]
