Having a good savings plan can keep you afloat even when times are changing. (DFW Tax Reduction Experts: Saving Money During Tough Times) Here are things to think about to simplify your spending: Create separate spending accounts for monthly costs If you look at your bank balance and see $1,000 sitting there, you might think it’s a good time to … Read More
Dallas Tax Reduction: Saving More Income
If you already have some kind of emergency fund, have paid off high-interest debt, and are maxing out your tax-advantaged accounts, a congrats is in order! You’ve already developed good savings habits that lay the foundation for financial freedom. (Dallas Tax Reduction: Saving More Income) When you’re saving at least 20% of your income, how can you save even more? Below are a … Read More
DFW Save Taxes: Don’t Be a Cheap Business Owner
Many business owners struggle to know the difference between smart financial decisions and blanket cost-cutting. (DFW Save Taxes: Don’t Be a Cheap Business Owner) While cutting costs may be great, it can also be fatal if done without careful consideration of your outcomes. Companies do not grow by cutting costs; they grow by increasing sales. If owners, in an attempt … Read More
DFW CPA Tax Pro: Painless Cash-Saving Tips
Many of us have more time than cash nowadays. If this includes you, then make the most of your free time by making smart financial moves. (DFW CPA Tax Pro: Painless Cash-Saving Tips) If you have time but no money, it’s time to become the best version of yourself. What separates successful people from people who struggle financially is often … Read More
Texas CPA All Stars: More Important Than Ever To Save On Taxes
During these times of economic uncertainty, two things remain certain: taxes and a need to save money. (Texas CPA All Stars: More Important Than Ever To Save On Taxes) Unemployment is taxable just like ordinary income. This means that those who receive unemployment benefits will have to pay taxes on those benefits. For those who fall into the 12% tax … Read More
DFW Business Tips: Saving Money on Insurance
The coronavirus has forced millions of people to shelter in place, closing thousands of businesses and leading many to institute work-from-home policies. For an even greater number of small companies — retailers, restaurants and others — this has meant layoffs and job loss. (DFW Business Tips: Saving Money on Insurance) Regardless of how long the impact of the global pandemic … Read More
Dallas Texas CPAs: Apply For PPP or EIDL Forgivable Loans
A wise man once said: Tough times never last but tough people do. And during these tough times you’ll need a tough CPA fighting for you and your small business every step of the way. Are you a small business owner who’s suffering steep economic losses due to the Corona Virus Disaster? Well, I’ve got good news for you! We’ve … Read More
DFW Business Advisors: Tax Deductions For Successful Businesses
BUSINESS OWNERS looking to lower their tax burden can take advantage of several money-saving deductions. These include popular deductions for vehicle expenses and home offices. It also includes relatively new qualified business income deduction that will allow some small business owners to write off 20% of their income. (DFW Business Advisors: Tax Deductions For Successful Businesses) Here are five business tax deductions that you … Read More
Dallas Tax Consultants: Save With These Tax Tips
Even though it’s still early to file your taxes, the sooner you do, the better. (Dallas Tax Consultants: Save With These Tax Tips) The IRS issued more than 111.8 million refunds for the 2018 tax year. Taxpayers received an average payment of $2,869. This year could bring an even bigger windfall for those who play their cards right. Here are … Read More
Flower Mound Business Advisor: Tax Deductions for Self-Employed
In this day and age we want both flexibility and convenience. We also want to be our own boss. This is why we have seen a steady rise in the numbers of self-employed individuals in the United States. Especially among young millennials who want to be in charge of their own career path. (Flower Mound Business Advisor: Tax Deductions for … Read More