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Tax Planning

Unlocking Success With Strategic Tax Planning for Small Business Owners

Published on October 24, 2024

Tax season can often feel like a daunting period for small business owners. The complexities…

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QBI Deduction

QBI Deduction: Maximize It Before It’s Gone

Published on October 1, 2024

The Tax Cuts and Jobs Act (TCJA) made the qualified business income (QBI) deduction one…

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Independent Contractor

The Department of Labor Makes It Harder to Hire Independent Contractors

Published on September 24, 2024

Does your business classify workers as independent contractors instead of employees? You should know that…

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Social Security Tax

Side Fund Increases Benefits When Cutting Social Security Taxes

Published on September 10, 2024

Last month, we wrote about saving money on your Social Security taxes. You may have…

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Roth IRA

Surprising Tax Impact of Converting Your Traditional IRA to a Roth IRA

Published on September 3, 2024

Taxpayers are limited in the annual amount they can contribute to a Roth IRA. The…

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S corporation

Convert from C to S corp: Save Thousands and Avoid BIG Tax Problem

Published on August 20, 2024

You can save BIG by understanding how to avoid the evil built-in gains tax that…

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Silver Tsunami

Seizing the Silver Tsunami: What Millennials & Gen Z Should Know About Acquiring Boomer-Owned Business

Published on August 13, 2024

As the Baby Boomer generation enters retirement, a wave of small businesses will be transitioning…

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Retirement

Essential Tax and Financial Planning Strategies for Seniors Approaching Retirement

Published on August 6, 2024

As Boomers and Gen Xers approach retirement, effective financial planning becomes crucial to ensure a…

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IRS Audits

Understanding the Types of IRS Audits: Why Professional Help is Crucial

Published on July 29, 2024

Dealing with the IRS can be a daunting experience, especially when you receive an audit…

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Top 5 Accounting Mistakes

Top 5 Accounting Mistakes Small Business Owners Make and How to Avoid Them

Published on July 23, 2024

Proper accounting is the backbone of any successful small business. It ensures that your financial…

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