Section 179 of the U.S. Internal Revenue Code incentivizes businesses to invest in new equipment or property by allowing them to deduct, for tax purposes, the full cost of qualifying…
Category: Finance & Accounting
Small Business Bookkeeping Basics
One of the most important aspects of running a small business is keeping up with its bookkeeping. For small business owners, bookkeeping is one of those time-consuming jobs that are…
What is My Tax Return Estimate?
Every year, tens of millions of people get one of the largest checks that they will ever receive for the year. Ironically enough, that check will come from the IRS.…
How Soon Will I Get My Tax Refund?
Did you know that the average taxpayer receives $3,536 in tax refunds each year? For many people, this is the single largest check that they will receive in a year.…
2022 Tax Calendar
Tax season is here and you want to make sure that you understand important tax calendar dates. Last year, we saw COVID-19 push back many tax filing deadlines. For the…
What are the Main Types of Taxes?
You may be surprised that there are many different types of taxes. That’s right, Uncle Sam is always finding new ways to get more of everyone’s money. Therefore, it is…
How to Do Bookkeeping for Small Business
If you run a small business, then you will have to become familiar with bookkeeping. This will allow you to stay organized and understand and review your business’s transactions, profits,…
Basic Accounting Concepts For 2022
The New Year is just around the corner and now is the time to start thinking of new accounting approaches to use in January. In order to understand how accounting…
What Are the Best Small Business Payroll Services?
Did you know that small businesses pay an average of $845 a year in penalties associated with their payroll management? This is why it is important that all small businesses…
What It’s Like To Work With An Accounting Firm?
If you are looking to hire an accounting firm for your business, then you’ll want to know what the process is like. The best way to ‘fast-track’ the process of…