Apr 1, 2019 | Tax, Uncategorized
Deductions for Non-Itemizers April 4, 2019 A common misconception in tax filing has been that if you use the Standard Deduction versus itemizing your deductions you have few additional benefits available to reduce your tax bill. This is often not the...
Apr 1, 2019 | Business, Uncategorized
Ratios and Reports: Beyond the Financial Statements April 23, 2019 In addition to the traditional financial statements, you will want industry specific reports to allow you to compare your company’s performance to that of others. You will...
Mar 28, 2019 | Tax, Uncategorized
Tax Tips for Investors April 9, 2019 1. Capital Gains Carry a Special Favored Tax Status. The tax rates on long-term capital gains are lower than the rates on ordinary income (such as wages and business income). Consider putting more of your...
Mar 28, 2019 | Uncategorized
Ideas to Improve Your Profit April 29, 2019 1. Develop Tight Controls Over Billing and Collections. To speed up cash flow, reduce the time between shipping your product and sending an invoice. Consider semimonthly instead of monthly billing, and...
Mar 27, 2019 | Tax, Uncategorized
5 Questions to Ask as the Tax Deadline Approaches April 3, 2019 1. What Happens if I Don’t File On Time? There’s no penalty for filing a late tax return after the deadline if you are set to receive a refund. However, penalties and interest are due if...
Mar 25, 2019 | Uncategorized
Tax-Free Retirement Savings Option Is a Roth IRA Right for You? March 29, 2019 If you are looking for tax-free income and more flexibility during retirement, perhaps you should look into investing in a Roth IRA. While Roth IRA contributions are not sheltered...
