Category: Business

8 Tips to Help Your Small Business Save in Taxes

Personal taxes can be complicated. Business taxes can be even more difficult. If you own a small business, tax time can be challenging. The livelihood of any company is at least partially dependent on its ability to minimize its tax liability, while meeting the requirements of the IRS. While taxes are rarely enjoyable or interesting […]

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IRS Standard Mileage Deduction or Actual Expenses? Which One is Better for You?

One of the most common trouble spots that business owner incur is how to treat vehicles for business purpose. Most business owners ask about deducting mileage and then also the payments on the vehicle, and are shocked to learn you can only do one or the other. Also, once you choose one method on that […]

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2019 Tax Overview Guide for Personal Taxes

Attached here is the guide that I created and sent out to my clients so that they could understand the tax law a bit better. Please read over and feel free to ask any questions. This is created for all my clients, whether they are my income tax clients in Hanover or my virtual tax […]

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Using Your Business Account for Personal Expenses

You stopped at the gas station to get some gas and in a hurry, you grabbed your business card and quickly swiped it at the pump. Before you even start, you realize your error, maybe say some choice words, and then keep pumping your gas. Or say you are treating your kids to some ice […]

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