by Chris Dios | Feb 26, 2022 | Business and Finance
You should seriously consider tax planning services if you own and operate a marketing agency. In an industry of over 85,000 agencies, finding ways to streamline your business, lower tax liabilities, and increase profitability will give your business a competitive...
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by Chris Dios | Feb 16, 2022 | Business and Finance
The Research & Development Tax Credit became a permanent tax credit under the Protecting Americans from Tax Hikes (PATH) Act of 2015. The Research and Experimentation Tax Credit, AKA the R&D Tax Credit, allows taxpayers to claim a tax credit for qualifying...
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by Chris Dios | Feb 9, 2022 | Tools
QuickBooks is a premier accounting software package that’s ideal for small and medium-sized businesses. Intuit designed QuickBooks reports to be as accessible and user-friendly as possible, but it takes time to familiarize yourself with even the simplest...
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by Miguel Alex Centeno | Feb 5, 2022 | Business Tax
The COVID-19 pandemic and associated lockdowns significantly hurt American small businesses. To help, the federal government implemented a variety of tax relief measures. The Employee Retention Tax Credit provides a major tax break to particularly hard-hit businesses....
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by Chris Dios | Feb 1, 2022 | Business Tax
When you’re getting ready to fill out and file your annual tax return, you should be aware of the many things that you can do to reduce your tax burden. Likely the easiest way to reduce the money you owe on your annual return is to obtain tax credits. These...
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by Chris Dios | Jan 20, 2022 | Business and Finance
If you’ve paid more than $600 to a contractor, person, or company during tax year 2021, you will need to know what 1099 forms are and how to file them. Your payees use 1099 Forms to report their income on their tax returns, so you shouldn’t overlook this...
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by Chris Dios | Dec 6, 2021 | Business and Finance
The House of Representatives recently passed the Build Back Better Act, which aims to increase the social safety net and fight climate change. The bill included significant changes to the US tax code in an effort to cover the cost of the legislation. The most notable...
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by Chris Dios | Nov 22, 2021 | eCommerce
eCommerce businesses often start out small, but growth often comes quickly for successful businesses. Eventually, the time comes for many online vendors to form an entity for their eCommerce business. However, choosing the right entity requires some careful...
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by Miguel Alex Centeno | Nov 8, 2021 | IRS
The R&D tax credit was implemented in 1981 as a means to encourage businesses to increase innovation investments. However, the IRS recently announced new R&D tax credit guidelines that could have major implications for businesses hoping to claim this valuable...
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by Chris Dios | Sep 19, 2021 | eCommerce
If you sell goods online, you’ve likely dealt with collecting and remitting sales taxes on customer purchases. But, as a reseller, an option exists to avoid paying sales taxes on your own eBay purchases. By becoming tax-exempt, you can potentially avoid sales tax when...
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