by Clark Boyd | Feb 15, 2025 | Uncategorized
How to Maximize Tax Benefits from In-Kind Donations In-kind donations are a valuable way for individuals and businesses to contribute to charitable organizations. These non-cash contributions can take many forms, from donated goods and services to real estate and...
by Clark Boyd | Feb 8, 2025 | Uncategorized
Tax Loss Harvesting: A Smart Strategy for Tax Reduction Investing in the stock market comes with its share of ups and downs, but even losses can offer a silver lining through a strategy known as tax loss harvesting. This technique allows investors to turn investment...
by Innov8ive Marketing | Feb 6, 2025 | Uncategorized
Maximizing Your Tax Savings While Traveling Traveling for business can be a great opportunity to mix work with leisure while benefiting from significant tax deductions—if done correctly. However, many small business owners overlook travel deductions, missing out on...
by Innov8ive Marketing | Feb 4, 2025 | Uncategorized
Steps to Secure Your Employee Retention Credit Today Time is running out for eligible businesses to claim the valuable Employee Retention Credit (ERC) for 2021. If your business hasn’t taken advantage of this substantial tax credit, there’s still a window of...
by Clark Boyd | Feb 2, 2025 | Uncategorized
The Importance of Understanding Required Minimum Distributions When planning for retirement, it’s essential to understand the various rules and regulations that govern how you can access and manage your retirement savings. One of the most important concepts to...
by Innov8ive Marketing | Jan 30, 2025 | Uncategorized
The Importance of Reasonable Compensation for S Corp Owners One of the most common questions we receive from S corporation owners is: “What happens if I can’t afford to pay myself reasonable compensation?” The answer is both simple and complex. While...
by Clark Boyd | Jan 25, 2025 | Uncategorized
What if you die and your S Corp owns rental property? Owning rental property through an S Corporation (S Corp) can offer various tax advantages and liability protection during your lifetime. However, the situation becomes more complicated when the owner of an S Corp...
by Clark Boyd | Jan 11, 2025 | Uncategorized
Mastering EIN Numbers for Business Success Success with Business Formation & EIN Filing: When starting a business, one of the first steps is obtaining an Employer Identification Number (EIN). This unique identifier is essential for activities like opening a bank...
by Clark Boyd | Jan 9, 2025 | Uncategorized
Maximizing Your Tax Meeting Experience We meet with a lot of clients and complete a lot of tax returns during tax season, so time is very precious! We want to make the most of each minute we spend with you, so we have compiled a list of a few items you can review to...
by Clark Boyd | Jan 8, 2025 | Uncategorized
Navigate Your Tax Withholding with Expert Insights Understanding how to properly set your tax withholding is crucial for managing your finances and avoiding surprises at tax time. Whether you’re an employee deciding much to withhold in each paycheck or a business...
