by bechtelcpa | Nov 1, 2024 | Uncategorized
Here are some effective year-end tax planning strategies that can help optimize deductions, manage income, and position yourself for potential tax savings: 1. Maximize Retirement Contributions Contributing to tax-advantaged retirement accounts, such as a 401(k) or...
by Cait Fisher | Jul 28, 2023 | Uncategorized
Now that the 2022 tax returns are done (unless you asked for more time), it’s time to start thinking about next year’s taxes and how to plan ahead. The year 2023 brings some tax law changes and updates that you should know about. The government’s year-end funding...
by Cait Fisher | Jan 28, 2022 | Uncategorized
The following is a guide of who should receive a Form 1099, however this is only a guide and additional information may be required to make a determination on who should receive a Form 1099.– Any fees in excess of $600 paid to attorneys (including corporations)–...
by Cait Fisher | Dec 28, 2021 | Uncategorized
It’s That Time Of Year Again Where You Need To Start Implementing Your Tax Planning Strategies Before The Year Is Up. With All The New Regulations And An Unknown Election, Tax Planning Definitely Has It’s Challenges To Say The Least. Depending On Senate, The Tax...
by Cait Fisher | Dec 28, 2021 | Uncategorized
Record keeping is so important in any business—especially true when you are starting out. Getting in the habit early on in your business will help create good practice that you can carry throughout the years! Why Should I Keep Records? There are so many reasons to...
by Cait Fisher | Nov 28, 2021 | Uncategorized
When forming a new business you need to get an EIN number, also know as the Employer Identification Number. An EIN is a unique nine-digit number assigned by the IRS to business entities operating in the United States for the purposes of identification. You will need...
