Strategies for saving big money as an S Corp Owner Are you tired of paying massive amounts of money to the government? Strategy is essential when it comes to anything in life, but especially when it comes to saving money. Many different techniques can be used when it...
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...
Understanding W-2 and 1099: A Parent’s Guide It’s a great strategy to hire your children as legitimate employees in your business. In fact, the higher the taxes you have to pay, the more you can save when you hire your children. When your children work for...
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. Now, I don’t want this...
2022 Update on Advanced Payments for the Child Tax Credit 2021 Launch of the Advanced Payments of the Child Tax Credit Unenroll for Advance Payments of Child Tax Credit Maximizing Your Benefits with the Expanded Child Tax Credit The American Rescue Plan had more...