The IRS began disbursing Child Tax Credit advance payments in July 2021. But, are these advance tax payments the right choice for your tax strategy. Find out in this article.
5 Powerful Tax Benefits Of Investing In Real Estate
3 Simple Tax Strategies That Will Help You to Keep $20,000 and more in Cash
In business cash is king and that is way I focus on cash flow and what can you do to keep more money in your bank account. We all know the phrase “It’s not how much you make, it’s how much you keep”, and if you’re in business long enough then you will approach this statement since you should now realize that cash is king.
How to Make Your Fun Travel a Business Tax Deduction
The new tax law kicks-out professional service providers from tax savings. Does this impact you?
How the new 20% business deduction will increase your cash flow
2 Simple Fixes That Will Help You Save More
Two Strategies to Receive Tax Free Income
This may sound too good to be true, but there are ways in tax planning that you can use to receive tax-free income. With everything in the law, documentation is always the key and there is no way around property documenting transactions to be able to substantiate the transaction during an IRS audit.
How to Get Paid by Hiring Your Child in Your Business
How to Increase Your Deductions for Healthcare Expenses
With the high cost of health care, business owners need to ensure that they are maximizing their deductions by implementing the right steps to claim 100% of their expenses incurred for healthcare. You are eligible to utilize the self-employment insurance premium deduction on your individual income tax return (Form 1040).
How to Deduct Your Health Insurance Premiums
Six Ways to Avoid Tax Preparer Fraud
LLC vs S-Corporation - Which One Can Save You More On Your Taxes?
5 Business Tax Savings Strategies for Married Couples
Tax planning provides a way for business owners to keep more of the money they earn. The key to tax planning is knowing the right deductions that will work for your unique tax situation. For example, getting an S-corporation election one of the most common tax planning strategies to lower self-employment tax.
