Selling Your Home? You May Be Eligible to Exclude Your Profit
6 Smart Moves to Cut Your Tax Bill Before December 31st
Find out about Lifetime Learning
Find out about Lifetime Learning.
New and Improved Energy Tax Credits for Homeowners
New and Improved Energy Tax Credits for Homeowners
4 Benefits of Using Accounting Software for Your Small Business
What's the best way to report your vacation home rental income?
Do you have a beach or mountain home that you rent out? What’s the best way to report your income?
Vaccinated? Claim Tax Credits for Your Employees and Yourself
As the nation suffers from the ravages of the super-contagious COVID-19 Delta variant, the federal government desperately wants all American workers and their families to get vaccinated.
If you have employees, you probably feel the same way. Indeed, more and more employers are implementing vaccine mandates—a trend that will likely grow after the FDA gives final approval to the COVID-19 vaccines.
COVID-19 vaccine mandates are highly controversial.
What You Should Do and Not Do If You Receive a Letter from the IRS
Every year the IRS mails letters and notices to taxpayers for a variety of reasons. Most often they are related to the taxpayer’s federal tax return or tax account. The letter may notify them of changes to their return or may request additional information. It may also notify them they need to make a payment. In both 2020 and 2021, taxpayers also received letters regarding the Economic Stimulus Payment or perhaps the Advance Child Tax Credit payments that started in July.
Small Business: Cloud Accounting is Here to Stay
The speed we do business has never been faster, and it’s only going to increase. Cloud accounting is now a staple in present day business operations, for any size of business. Right now, cloud accounting software—from leaders in the industry, QuickBooks and Xero—exists on a centralized server that is always connected to the Internet. Because of that, you can access that information from any device with a web connection; be it your laptop while you’re in an airport lounge or your mobile phone while you’re in a client's office or your tablet that you keep by your bedside at night or, yes, the computer in your office. The choice is yours.
How to Find an Accountant for a Small Business
As a small business owner, you can do a lot of your bookkeeping with online accounting software like Quickbooks or Xero. But, some accounting duties are more difficult than recording your transactions. You might need an accountant to help you with more difficult financial tasks. Do you know how to find an accountant for a small business?
Like choosing an employee or a vendor, it’s hard to narrow down which accountant is the best fit. However, finding a good accountant can tremendously benefit your company.
Emergency Preparedness
It’s the time of year when Spring is in full swing, children are excited about summer, grads are making plans for the future. It’s also the time of year when the weather can change rapidly, not always for the best. Having grown up in the south, I am accustomed to severe weather changes and I’ve seen the damages and personal loss caused by flooding, hail, and tornados. For small business owners, being prepared can mean staying in business following a disaster.