Understanding the tax benefits of employer contributions to employee healthcare and retirement plans is essential for any business.
Tax Preparation
Maximize Your Refund: Overlooked Deductions and Credits You Should Claim
Deductions and credits are two terms that are commonly misused. Both can minimize your tax liability, but they are separate concepts. As an individual or business owner, you need to understand those differences.
Freelancers & Small Businesses: How to Stay on Top of Tax Time Like a Pro
Tax time can be stressful for freelancers and small business owners, Here are some tips on how to stay on top of this and other issues at tax time.
Do You Need More Time? Here’s How To Get A Federal Tax Filing Extension In 2024
The federal tax filing deadline for 2024 is April 15th, there are several options available if you need more time and want to file for an extension on your tax filing.
Bookkeeping Versus Accounting: What’s the Difference?
As an accounting firm, we often field calls from prospective clients searching for bookkeeping services. Our team understands why these two financial disciplines are lumped together, but bookkeepers and accountants have different responsibilities. Understanding what those are can help you make better financial decisions for your company.
2023 Marginal Rates: How the United States Progressive Tax System Works
Many people know that we pay more in taxes when our income is higher, but that’s only half the truth. Yes, we do pay more, but not on all our income. We’ll explain that in more detail in this article.