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Month: October 2021

Video tip: Closing Your Business? Let’s Tie Up Some Loose Ends on the Tax Side

Taxes are a crucial part of closing a business. From federal and state taxes to employees’ payroll, there are a myriad of tax-related issues to consider. This video will help you check off the list of tax loose ends as you close your doors.

Tax Benefits When Saving for College Education

Tax Benefits When Saving for College Education
A common question among parents is, “How might I save for a child’s post-secondary education in a tax beneficial way?” The answer de…

Biden Administration Backs Off on Proposed Bank Transaction Threshold

Biden Administration Backs Off on Proposed Bank Transaction Threshold
Tax-compliance rates in the United States are based, in large part, on how taxpayers accrue income. Those who receive income that is reported by a thi…

Here’s What Happened in the World of Small Business in October 2021

Here’s What Happened in the World of Small Business in October 2021
Staying up on current events and happenings is the best way to plan for the future. Check out our top five business happenings for October 2021….

Video tip: A Possible End to Excess Wealth from Backdoor Roth IRA Conversions?

A new legislation has been proposed that could limit the ability of high-income earners to take advantage of Roth IRA conversions. Watch this video for a detailed explanation of the proposed legislation and how it might affect you.

Understanding the Taxation of Cryptocurrency Transactions

Understanding the Taxation of Cryptocurrency Transactions
If you have purchased, owned, sold, gifted, made purchases with, or used cryptocurrency in business transactions, there are certain tax issues you nee…

Record Expenses in QuickBooks Online and On Your Phone

Record Expenses in QuickBooks Online and On Your Phone
The money you spend to run your business must be recorded conscientiously for your taxes and reports. Here’s how to do it….

Understanding Tax Lingo

Understanding Tax Lingo
When discussing taxes, reading tax related articles or instructions one needs to understand the basic lingo and acronyms used by tax professionals and…

Distributed Workforce Businesses Are Facing Challenges as They Adapt to Remote Employees

Distributed Workforce Businesses Are Facing Challenges as They Adapt to Remote Employees
Managers need to be prepared to support remote employees just as much as they do those coming into the office every day. …

November 2021 Business Due Dates

November 2021 Business Due Dates
Here are the November 2021 Business Due Dates…

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