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Business Owners: Be Sure You’re Properly Classifying Cash Flows
November 21, 2024
Business owners: Is there room for improvement in your statement of cash flows? There might be, specifically in how you classify different types of transactions.
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It’s Not Too Late to Trim Your 2024 Taxes
November 20, 2024
Implementing these year-end tax strategies may reduce your 2024 tax liabilities.
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Now What? Assessing the Likely Tax Impacts of the 2024 Election
November 19, 2024
How might President-Elect Trump’s policies affect your taxes going forward?
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From Flights to Meals: A Guide to Business Travel Tax Deductions
November 14, 2024
If you’re a small business owner, you want to take full advantage of the tax deductions allowed for business travel. They can reduce your taxable income. Safe travels and happy deducting!
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Intuit Has Increased Pricing of QuickBooks Online Subscriptions
November 13, 2024
Intuit implemented price changes for QuickBooks Online and Online Payroll as of September 1st, 2024. Here's a list of those recent price changes.
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How the U.S. Election Changes the Outlook for Taxes
November 12, 2024
The outcome of the 2024 Presidential Election is likely to impact taxes. Here's more information.
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Illinois New Hire Reporting Requirements Include Independent Contractors
November 11, 2024
Here's what employers in Illinois need to know about the new requirements.
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How Much Can You Contribute to Your Retirement Plan in 2025? The IRS Just Revealed the Answer
November 8, 2024
Consider the 2025 inflation-adjusted retirement plan contribution limits when tax planning for retirement.
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5 Reasons to Outsource Your Bookkeeping
November 7, 2024
Many businesses say, “Yes!” to outsourced bookkeeping. Here’s why.
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You Don’t Have to Be in Business to Deduct Certain Vehicle Expenses
November 5, 2024
When can individual taxpayers deduct vehicle-related expenses? And how much can they deduct? Here are the amounts for 2024.
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As the Year Winds Down, You May Want to Combine Smart Estate Tax Planning with Tax Savings Using the Annual Gift Tax Exclusion.
October 31, 2024
The Annual Gift Tax Exclusion allows you to give cash or property up to a certain value to family members and friends without gift tax implications.
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Employers: In 2025, the Social Security Wage Base is Going Up
October 29, 2024
Changes are coming to the Social Security system in 2025 in the form of a higher wage base. Next year’s threshold amount was recently announced by the Social Security Administration. Here’s the amount, along with what it means for your business.
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