Tax season has passed, so you now only have a few more months to take tax-saving action. So where should you start? Work with a CPA to develop a tax plan. Tax Planning Helps You Owe Less On Taxes Tax planning with a trusted CPA will reduce your tax bill considerably....
Electing to be taxed as an S-Corporation instead of an LLC or sole proprietorship can have significant tax benefits. S-corporations are pass-through entities, meaning that you do not pay any federal taxes on the company level; instead, you pay taxes on the profit from...
Have you bought or are you considering buying a Non-fungible Token (NFT)? If so, you should know that your NFTs are taxable. Don’t let another day pass without considering the tax implications of your cryptocurrency transactions! Why are NFTs Considered Taxable? The...
While we can’t recommend one singular way to use your income tax refund, there are better options than spending your newly acquired funds on a new bag, a faster car, or the latest gadgets. Before you swipe your credit card, we suggest considering one of the options...
“Retirement is the only time in your life when time no longer equals money.” Is that how you feel? You’ve no doubt spent many years working to make money to support yourself and your family and only now do you finally have the time to enjoy it. In fact, you’re...
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