First-Year Start-Up Tax Issues
Some of the most common stressors encountered by entrepreneurs involve tax liabilities. We give tips that every entrepreneur needs to know in this week’s Business Tip.
Business Owners Beware: New Tax Law Severely Limits Entertainment Deductions
Entertaining clients is going to get much more expensive for businesses thanks to the Tax Cuts and Jobs Act. Maybe hold off on buying those concert tickets for your client. Read all about it in this week’s Business Tip.
Have Business Income? If So, You Score Big with the New Tax Reform
As a small business owner, if you have qualified business income, you may qualify for a nice tax break thanks to the Tax Cuts and Jobs Act. We explain in this week’s Business Tip.
QuickBooks Tip: Tracking Time in QuickBooks
QuickBooks contains tools to help you record the hours employees spend doing work for customers, so you can bill them for services rendered. Learn how in this QuickBooks Tip.
You Da Man: Key Man Discounts in Business Valuation
If you are a business owner and you are also the chief innovator and top salesman, you may want to consider how this might negatively affect your future. We explain in this Business Tip.
Tax Reform Puts a Cap on Deducting Business Losses
The tax reform law didn’t outlaw business losses. It just limits your losses. Excess losses are treated as a net operating loss (NOL) and carried forward to the next year’s return. We explain in this week’s Tax Tip.
Business Owners: Should You Consider a Wellness Program for Your Employees?
As a business owner, your people are a great investment. Consider keeping your employees healthy and happy with a wellness program. We explain in this week’s Business Tip.
Tax Cuts and Jobs Act Promises Big Changes for Businesses
In today’s Marietta Daily Journal, Bil Lako, CFP®, discusses how the corporate tax cuts in the Tax Cuts and Jobs Act may affect the economy. Read the Article
How Small Businesses Write Off Equipment Purchases
Small businesses have several options for deducting the purchase of equipment on their taxes. Which one do you choose? Depends on how big of a deduction is needed, and when. We explain in this week’s Business Tip.
2018 Standard Mileage Rates Announced
Those who track mileage for work will be glad to know the IRS adjusted the 2018 standard mileage rate for inflation. Read more in this week’s Tax Tip.