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3 Ways Your Business Can Uncover Cost Cuts
Every business wants to cut costs, but it isn’t easy. We’re talking about clear and substantial ways to lower expenses, strengthen cash flow, and give you a better shot at strong profitability.
Is Your Business Closing? Your Final Tax Responsibilities
If you’ve decided to close your business, you might need assistance with some steps, including handling various tax obligations.
Upcoming Tax Due Dates
April 15, April 30, May 10
Retirement Saving Options for Your Small Business
If you’re looking for a retirement plan for yourself and your employees but are worried about the financial commitment and administrative burdens involved, there are some options to consider. One possibility is a Simplified Employee Pension (SEP).
Make 2023 Annual Exclusion Gifts by Dec. 31
One of the most effective estate-tax-saving techniques is also one of the simplest: making use of the gift tax annual exclusion.
3 Strategies for Estimated Tax Payments
Many individuals today are self-employed or generate income from interest, rent, dividends, and other sources. If you’re in this situation, you could be risking penalties if you don’t pay enough taxes during the year through estimated tax payments and withholding.
Do You Sell Products? How QuickBooks Can Help You Track Them
If your business sells products, you know how important it is to be able to track their numbers precisely. Keep your stock at the right levels, and you shouldn’t run out of items. You also won’t have a lot of money tied up in products that aren’t selling.
Is Disability Income Taxable?
If you may be eligible for disability income should you become disabled, it’s important to know whether that income will be taxable. As is often the case with tax questions, the answer is “it depends.”
The Ins and Outs of the Home Office Deduction
If you’re self-employed and run your business from home, or perform certain functions there, you might be able to claim deductions for home office expenses against your business income.
Tax Due Dates for October 2023
Trusts and estates – Filing an income tax return for the 2022 calendar year (Form 1041) and paying any tax, interest, and penalties due, if an automatic five-and-a-half-month extension was filed.