The tax code, with its endless rules and regulations, can seem daunting even for seasoned business owners. Yet, tucked within its intricacies are valuable deductions—financial lifelines that help small businesses cut costs and boost their bottom line. While well-known deductions like rent and supplies get their fair share of attention, […]
5 Hidden Tax Deductions for Small Businesses Read More »
Almost 45% of small businesses cite taxes as a negative for their company, and that lower payments would help them succeed. Such outgoings burden many companies, and handling them well can mean the difference between success and failure. So, have you made sure you watch out for some of the most common
The Most Common Mistakes Businesses Make With Taxes Read More »
Nothing will raise a person’s blood pressure as much as an IRS audit. In all likelihood, you have a small chance of experiencing an IRS audit in your lifetime. But if you’re one of the unlucky ones who receive the notification letter, it’s best to have all your financial ducks in a
Tax Services in Charlotte, NC: Importance of Tax Resolution in the New Year Read More »
Did you know that there are over 300,000 IRS audits each year? These could lead to several consequences, such as fines, fees, and inconveniences for your business. So, it’s in your best interest to prioritize working with professional tech services. However, not everybody understands what to look for in accounting services for
What to Look for When Choosing Tax Accounting Services Read More »
In 2019, only 2.9% of corporate returns were audited. Learning about taxes can seem overwhelming as there is so much paperwork and forms to file. But, business taxes are an essential part of running a successful company. Thankfully, tax services can make the process easier and support you in getting the documents
How to Get the Most Out of Tax Services Read More »
Filing taxes can be an expensive part of running a business, with 46% of businesses spending between $5,000 and $20,000 each year on the administration of taxes, legal fees, and other internal costs. Not only can tax preparation cost a lot of money, but it also takes hours and hours to prepare
Tax Services in Charlotte, NC: When to Hire a Professional Company Read More »
Did you know that $3.71 trillion in taxes was collected in 2020? You’ll undoubtedly need to employ tax services this year if you don’t have the time to spend hours filling out your own tax forms, if your tax situation is complicated, or if you simply don’t know where to start. Don’t give
7 Questions to Ask When Hiring Tax Services Read More »
The United States collects nearly $4 trillion in taxes each year. A year-end tax preparation meeting with your CPA is essential for many taxpayers, especially those who run a business. The aim of an annual tax meeting is to assess your tax liability for the current year and, if necessary, clean up your
How To Prepare for Your Tax Services Meeting Read More »
There are over 600,000 new companies formed in the United States every year. Interestingly, many people are unaware of the fact that many of these companies fail. As you might guess, one of the most important responsibilities that you have as a business owner is tax planning. It should come as no
Tax Services: 8 Common Tax Prep Mistakes (And How to Avoid Them) Read More »
Did you know the IRS charges 5% of unpaid taxes for every month you don’t pay them? If you want to keep up with that and other business financial matters, consider using tax services. A good accountant can save you time and even money. That way, you can focus on growing your
Tax Services: 7 Reasons Your Startup Needs an Accountant Read More »
