As a business owner, you know that making a profit is crucial to the success of your company. But do you ever stop to think about the true cost of your products or services? Enter cost accounting – the often overlooked but oh-so-important aspect of running a business. Cost Accounting: The Basics Let’s start with […]
Which type of account will typically have the highest interest rate? With the current economy, many people are looking for new ways to make money and grow their wealth. One option is to invest in your income. Passive income is money that is earned without actively working for it. There are many types of passive […]
Got tax woes? Don’t sweat it! Let’s navigate the confusing world of business tax planning and make your finances a laughing matter. It’s time to get ahead of the game and leave those money stressors behind. I. Introduction A. What is Business Tax Planning? Tax planning is the process of analyzing your financial situation to […]
Tax Resolution: How Small Business Owners Can Navigate Tax Issues As a small business owner, dealing with taxes is often one of the most daunting tasks. Every year, you are required to accurately file your taxes and make sure you don’t owe more than you can pay. But what happens if you find yourself facing […]
In a statement released on January 12th, the IRS has announced the deadline for all taxpayers to file their returns by April 18th of this year. This deadline is important for taxpayers, as it gives them a chance to receive their tax refund sooner. The IRS also advises taxpayers to use e-file and direct deposit […]
This year, the IRS has announced the tax deadline for this tax season. You should make sure you have all that you need for your tax filing, including any and all tax deductions or credits which you may be eligible. If you haven’t taken the time to figure out all your taxes yet, make sure […]