While for many people the summer is spent outside enjoying the sunshine, for small business owners it’s a crucial time for your business. The life of a small business owner is very different to that of a boss of a large organization. If you happen to be in the earlier years of business and either work alone or with a small group … Read More
Flower Mound Tax: New Small Business Tax Code
Tuesday is Tax Day, the last day to file income taxes for the 2017 income tax season. The old tax code was replaced by the tax cut legislation passed by Congressional Republicans late last year. This seems like a good opportunity to reiterate the tax changes for the country’s 29 million small business owners. New Tax Structures The new tax … Read More
Flower Mound Accounting: Last Minute Tax Tips
In case you weren’t aware, this year’s tax filing deadline is rapidly approaching. You have until April 17 to submit your 2017 return. If you’ve been procrastinating, it’s time to get moving. Here are some tips to help from experienced pros: 1. Decide whether you’ll be itemizing Though itemizing on a tax return is more involved than claiming the standard deduction, it … Read More
Dallas Tax Preparation: File Taxes Without A Hitch
With tax penalties in place that could be as much as 5% a month, filing your taxes late as a business owner can be costly. To make sure you meet the tax deadline this year and every year going forward, you need to stay organized and spend the time it takes to get your tax documents in order early on. This will … Read More