Many entrepreneurs don’t realize it but as small-business owners we have more options to save on healthcare costs than any other group of Americans. The tax-planning and cost-saving strategies can be phenomenal.
I am convinced that the S-Corporation (S-Corp) is one of the most powerful long-term strategies to build upon.
First and foremost, remember the auto deduction isn’t travel, but expenses for your
When it comes to these ever increasing expenses and strategies to make us more successful in our business, we should be looking for ways to deduct them.
I challenge you to start off the New Year tracking your dining expenses
The PATH Tax Act of 2015. It is easily the most positive tax legislative action taken for small business in the past several years and extends several tax provisions and makes many more permanent.
This is certainly the season for giving and you shouldn’t be shy at
This is a very important question and something we often analyze for clients in our office. In fact, many clients rush to put their spouse on payroll, but for the wrong reasons and it could actually be a costly mistake.
Wouldn’t be nice if we can write-off 100% of our food expense? Well, there are options and several at that.
This has to be one of the most under utilized tax strategies by small business owners with families today. Many don’t realize that paying their children under age 18, as well as adult children or grandchildren, is an excellent strategy to minimize their tax liability, not to mention it creates a host of other ancillary benefits.