Small Business Operations
Pricing for 2021
No one can say with certainty how the economy will perform in the coming year or what new government rules will be imposed, but you
December 25, 2020
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taxes
IRS Updates Standard Mileage Rates for 2021
Standard mileage rates for 2021 have just been released by the IRS. One of the biggest differences in 2021 is a drop in the per
December 22, 2020
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taxes
Why The IRS Requires the Updated 1099-NEC Form for Contractors
It’s that time of year that every small biz owner dreads- tax time! Unfortunately this year, there are some new tax forms that every small
December 21, 2020
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Small Business News
Buy a Truck or SUV Before Year End, Get a Tax Break
Did you know that you can buy a large truck, SUV or other vehicle for your business, and be able to write off 100% of
December 16, 2020
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taxes
Income Tax Brackets for 2020 and 2021
Knowing the federal income tax brackets for the 2020 and 2021 tax year can help you maximize tax savings and retain more of your hard-earned
November 30, 2020
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taxes
5 Tips to Get Ready for Filing W-2 and More
Businesses not only have to file their income tax returns, but also various information returns. The failure to file these other returns can result in
November 26, 2020
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taxes
Tax Do Overs: Opportunities to Correct Mistakes and Get Cash Back
Filing your income tax return may not be the end of the tax story for the year. You may revisit taxes for the year by
September 29, 2020
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taxes
What’s the Qualified Business Income Deduction and Can You Claim It?
The Tax Cuts and Jobs Act passed in December of 2017. It drastically cut the corporate tax rate, but it also introduced the Qualified Business Income
August 10, 2020
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Small Business Operations
Everything You Need to Know About Buying or Leasing a Business Vehicle in 2020
Just about every business needs a vehicle. Some use cars to visit customers, clients, vendors, or run business chores—to the bank, to see an attorney
July 26, 2020
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taxes
How Has COVID 19 Altered Your Retirement Plan?
Qualified retirement plans are a key component of financial security for owners and their employees. The SECURE Act in December 2019 and the CARES Act
June 29, 2020
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