Updated June 2018 The dreaded five letter word…. AUDIT…. Something many of us fear and have thankfully never experienced. Those that have, well, tell us your story. What was it that triggered the IRS to come knocking to make sure you were telling the whole truth and nothing but? The more money you make, the […]
Taxes for Businesses
Write Off Meals and Permanently Reduce Your Taxes
Updated June 2018 What could be better than writing off a great trip to a place you’ve always wanted to travel, and making money while you’re there? How about writing off food?? Ok, food may be a distant second to traveling, and we’ll talk about writing off trips in another post. But, writing off meals […]
Tax Savings Strategies Part 2
We’re back with a few more tax saving strategies to keep you and your small business healthy and wealthy! Deduct business losses If you have any capital gains on investments, you can subtract any losses you’ve incurred to minimize any taxes owed on your gains. If you have no gains, you can still take losses […]
How To Make Money Part 1
The age-old question! How do I make money? And we’re not talking about the measly average $30-50k per year. We’re talking about the $millions that many people dream about – more like $30-50k per week! What’s very interesting is that many people talk and dream about these $millions, “if I had the money I’d be […]
5 Tips After Tax Time
Finally we made it through tax season! Most of us might be thinking “I’m not going to think about those things again for a whole year!”. But some people know better – tax time hurt and we don’t want it to hurt that much ever again. So what do we do to prepare for next […]
8 Costly, Common Payroll Mistakes Your Company Doesn’t Want to Make
Updated June 2018 Payroll Definition Simply, the list of a business’ employees and the amount of money they’re owed – wages and salaries. Is your business growing and you suddenly find yourself wondering how to do a payroll? There are various details that go into setting one up and managing it, and it can become […]