Internet Tracking: The creepy spying game
Internet Tracking The creepy spying game of the internet Companies are following your every move. When you have a cell phone, they are tracking what apps you use, where you go, who you talk to and more! Other smart devices listen to your conversations in your home,...
Make the Most of Your Vehicle Expense Deduction
Make the Most of Your Vehicle Expense Deduction Tracking your miles whenever you drive somewhere for your business can get pretty tedious, but remember that properly tracking your vehicle expenses and miles driven can lead to a significant reduction in your taxes....
Get Your Child Tax Credit Payments NOW!
Get Your Child Tax Credit Payments NOW! The first advance payment from the newly expanded child tax credit was recently sent out by the IRS. Payments are scheduled to be made on the 15th of each month through December. Here’s what you need to know about the child tax...
Manage Your Business’s Unemployment Taxes
Manage Your Business's Unemployment Taxes As a business owner, you’re required to pay three different types of payroll taxes. FICA (Federal Insurance Contributions Act) is the tax used to fund Social Security and Medicare programs. FUTA (Federal Unemployment Tax Act)....
Common Tax Mistakes When Selling a Home
Common Tax Mistakes When Selling a Home With home sales booming throughout much of the country, you may decide that now's the right time to put your abode on the market. If you do put your primary residence up for sale, try to steer clear of the following mistakes....
Small Business IRS Audit Mistakes
Small Business IRS Audit Mistakes In late 2020, the IRS announced that it will increase tax audits of small businesses by 50 percent in 2021. Here are several mistakes to avoid if you do get audited by Uncle Sam. Mistake: Missing income. A long history of...
Hi-Tech Travel – Just Around the Corner
Hi-Tech Travel - Just Around the Corner Living in the information age, we are accustomed to new and innovative tools that change the way we live. We can control everything in our homes with our voice. We can talk face-to-face, albeit digitally, with anyone, anywhere...
Good Debt Versus Bad Debt
Good Debt Versus Bad Debt How to tell the difference Not all debt is created equal. Knowing the difference can change the way you look at your spending. Good debt adds value Good debt often leads to financial growth, because the product or service being purchased adds...
Ideas to Lower Your 2021 Tax Bill
Ideas to Lower Your 2021 Tax Bill Now is the time to begin tax planning for your 2021 return. Here are some ideas: Contribute to retirement accounts. Tally up all your 2021 contributions to retirement accounts so far, and estimate how much more you can stash away...
Ideas to Identify and Manage Problem Accounts
Ideas to Identify and Manage Problem Accounts As a small business, once you decide to extend credit to a customer, you now have a financial stake in continuing that relationship even if you suspect there might be trouble brewing. While you don’t want to crack down on...