In a continued effort to help mitigate the financial devastation caused by the Coronavirus, President Donald Trump signed the Families First Coronavirus Response Act. This new law requires certain employers to provide emergency paid sick leave in certain...
The Home Office Deduction is still alive and well…don’t let any accountant tell you otherwise. It’s NOT a high risk write-off every good business owner should take advantage of it. Moreover, there are several strategies on how to maximize the Home...
Even though 2019 has come and gone, it’s time to gather your records and file your tax return. As such, I want to encourage business owners of S-Corps, LLCs and Sole-props to comb through every record they can to maximize their deductions. If you have QuickBooks...
Well, things changed in 2018 under the Tax Cuts and Jobs Act when it comes to writing off meals and food expenses in your small business…and frankly, that’s for any size business. Large or small, business owners have to reevaluate their budget for the...
Even experienced business owners or investors can benefit from using a Strategic Plan. It is truly an integral part of a successful investment strategy or business operation. A Strategic Plan is not a Investment or Business Plan. A Strategic Plan sets forth a timeline...
Over the past few years there have been a number of changes and updates regarding the reporting rules for the mysterious 1099-Misc Forms. I say “mysterious” because many business owners simply guess as to what the rules are and oftentimes get exasperated and just...
