by Innov8ive Marketing | Aug 5, 2022 | Uncategorized
The Business Mileage Rule: A Smart Tax Strategy Business Mileage – Are you a small business owner always looking for ways to decrease your tax bill? If so, you may be interested in the business mileage rule. This rule allows small business owners to deduct the...
by Innov8ive Marketing | Mar 24, 2022 | Uncategorized
https://youtu.be/YDijN_wCwOc The Ultimate Guide to Common Business Deductions Okay, folks, it is Kevin Molen once again with Molen and Associates. But today, today, we are talking about a crucially important topic. We’re talking about common business deductions....
by Innov8ive Marketing | Mar 21, 2022 | Uncategorized
How are PPP & EIDL Accounted for on my Bookkeeping & Tax Preparation https://youtu.be/PZcIH7-GL2U Hey, folks. Kevin Molen with Molen and Associates here wanted to give you a quick update on how we are treating the payroll protection program, loans and grants...
by Innov8ive Marketing | Feb 25, 2022 | Uncategorized
What Has Recently Changed with Education Credits? Here are a few changes due to recent legislation for education tax credits. There used to be 3 education tax credits, now there are 2. The American Opportunity Credit (Spend $4k and get $2.5k in credit) and the...
by Innov8ive Marketing | Feb 14, 2022 | Uncategorized
https://youtu.be/nMfyfhqciis The Impact of QBI on Your Business Withdrawal Strategy We get a lot of questions about the best ways to take money out of a business and how this money is taxed. Essentially, for S-Corporation owners, there are two main ways to do this:...
by Innov8ive Marketing | Feb 11, 2022 | Uncategorized
What do I do with the Stimulus Check Letter for 2021? Hey folks, I’m Kevin Molen with Molen & Associates. I wanted to give you a quick update on stimulus checks, as many of you would have seen based on the third round of stimulus that was passed and paid in 2021....
