The Secret to a Quick Tax Refund
The Secret to a Quick Tax Refund Here's how to get your overpayment as soon as possible Delayed tax refunds, penalties for not filing 2020 tax returns on time that were actually filed on time, and timely tax payments being flagged as late are just some of the...
Cryptocurrency: The IRS is Watching You!
Cryptocurrency: The IRS is Watching You! Whether you own cryptocurrency or not, everyone should know the tax rules surrounding this type of property as it becomes more popular. If you have one take away regarding cryptocurrency, it should be this: Remember that Uncle...
Business Metrics that Have Impact
Business Metrics that Have Impact At the end of the year it is easy to compare revenue, gross margin, and profitability to the prior year and to your business plan. Here are a few ideas of other metrics to consider. Customer acquisition cost. Divide the total amount...
Protect Your Digital Footprint
Protect Your Digital Footprint In today's digital age, it is impossible to avoid the internet. Even if you don't have a computer and actively avoid social media, there is information about you in some corner of the web. Here are some ideas to help you manage your...
Home-Based Business Tips
Home-Based Business Tips Home-based businesses can be financially rewarding and provide a certain amount of flexibility with your day-to-day schedule. Here are some tips to keep your business running at full steam. Stay on top of accounts receivable. It’s easy to get...
5 Surprising Taxable Items
5 Surprising Taxable Items Wages and self-employment earnings are taxable, but what about the random cash or financial benefits you receive through other means? If something of value changes hands, you can bet the IRS considers a way to tax it. Here are five taxable...
Easy-to-Overlook Tax Documents
Easy-to-Overlook Tax Documents This year is a little more challenging With tax season now officially underway, here are several tax documents that may be easy to miss in your mailbox or inbox: Child tax credit letter. From July through December 2021, the IRS paid out...
Small Business: Coping with Shortages and Delays
Small Business: Coping with Shortages and Delays As we enter the New Year, businesses continue to be hampered by a near-unprecedented lack of supplies and materials. Besides items that have received widespread national attention like toilet paper and computer chips...
Small Business Tax Return To-Do-List
Small Business Tax Return To-Do-List Eight ideas to make filing your tax return easier Consider these suggestions for helping to make tax season smooth sailing this year for your small business: Make your estimated tax payments. Tuesday, January 18th is the due date...
Retirement Savings Goals for 2022
Plan Your Retirement Savings Goals for 2022 There's good news for your retirement accounts in 2022! The IRS recently announced that you can contribute more pre-tax money to several retirement plans in 2022. Take a look at the following contribution limits for several...