Dear client, Can having a family reduce your taxes? If you’re no longer on your own as a single taxpayer, you may end up owing less tax. Let’s take a look: Add Your Family Make sure you clearly
Read More
Dear client, The extension deadline for 2022 returns is approaching. This applies to any person or business who has yet to file a return for tax year 22. The deadline date for business returns is September 15th, 2023.
Read More
If you’re looking to sell your home this year, then it may be time to take a closer look at the exclusion rules and cost basis of your home to reduce your taxable gain on the sale. The
Read More
How can your company attract and retain top employees? It’s not always easy, especially for small businesses. Here are some pointers to jump-start your thinking: Simplify the process. Make sure job responsibilities are clearly described when posting your openings.
Read More
Who is a Household Employee? The “nanny tax” rules apply to you only if (1) you pay someone for household work and (2) that worker is your employee. A household employee is someone who does work in or
Read More
So you saw online about the 𝐀𝐮𝐠𝐮𝐬𝐭𝐚 𝐫𝐮𝐥𝐞? (e.g., renting your home to your business and taking it as a business deduction but without paying tax on the rental income). Remember this: – You’re limited to 14 days
Read More