Business owners, tax season is right around the corner and although you may be dreading it, there are things you can do to feel better prepared. Here is your small business tax preparation checklist for 2022. Don’t stress, prepare! Your books Your structure Your due date Your income Your deductions Your home office expenses Your Read more about Your Small Business Tax Preparation Checklist for 2022[…]
There are often negative emotions involved when you think of a small business audit, and rightly so. No business owner looks forward to a letter from the taxman requesting a closer look at the books. If you’ve received an audit letter, don’t panic. Prepare. These four steps will help you get through the process with Read more about Small Business Audit: What to do if you get audited?[…]
Want to avoid paying more than you should come tax time? Or a frantic last-minute search for missing financial records? This post is about providing guidance on tax planning for small business owners. New business owners have a lot on their plate, and can easily lose track of an approaching tax deadline or financial data Read more about Tax Planning for Small Business Owners[…]
What will we write about? Will this bring value to our clients? Will I have the time? Who will read this??? These were the questions plaguing my mind as our team prepared to release our new blog. As these questions went round and round in my mind, the Nike slogan interrupted my thoughts, “JUST DO Read more about What are you blogging about!?[…]
The President signed into law on Friday June 5th the Paycheck Protection Program Flexibility Act. which eased the forgiveness requirements for PPP loans. This will come as a relief to many business owners who would otherwise have been in a position where they may have had to pay back a portion of their loan.