As business owners, constantly innovating is key to staying ahead. Did you know that your innovative efforts might qualify you for the Research and Development (R&D) Tax Credit? This incentive, introduced in 1981, supports businesses that invest in new or improved products, processes, and software.
We review the most frequently encountered fringe benefits, including those that were and were not impacted by tax changes, in this week’s Business Tip.
Although tax reform did not eliminate the AMT, it did mute that tax considerably by increasing the AMT exemptions and by substantially raising the exemption-phaseout threshold. We explain how this affects you in this week’s Tax Tip.
In today’s Marietta Daily Journal, Bil Lako, CFP® explains how 99% of the time, your financial consultants operate like a well-oiled machine. However, there is one practice where each of your advisers come with a different agenda: tax loss harvesting.
There are both opportunities and pitfalls for IRA owners, and while you definitely don’t want to get caught up in a pitfall, you may want to take advantage of the opportunities. We explain in this week’s Tax Tip.
99.9% of the time, your financial consultants operate as a well-oiled machine. Your investment adviser dedicates his full-time attention to managing your portfolio, making the buy and sell decisions.
If you’ve just discovered a BIG mistake on your tax return this year, we explain the steps to take to correct the situation QUICKLY in this week’s Tax Tip.
Investments in QOFs provide unique tax incentives that lawmakers designed to encourage taxpayers to participate in these funds. Learn more in this week’s Tax Tip.
If you owed a large amount of money for your 2018 taxes, bumping up your withholding now could help avoid a similar fate next April. We explain in this week’s Tax Tip.
If you’ve received notification that the government is about to file a tax lien or tax levy against you, you might have some questions. We explain the differences in this week’s Tax Tip.
