Business succession planning involves creating a plan for someone to own or run your business should you retire, become disabled or die. Click through for ideas on passing control to the next generation.
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No one enjoys a tax audit, and there's no way to guarantee that you won't get hit with one. But there are some things you can do to minimize the chances of being audited by the IRS. Click through for some tips that can help you either avoid an audit or, at the bare minimum, survive an audit with as minimal chaos as possible.
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The IRS warns about Employee Retention Credit claims in which aggressive promoters make offers that are too good to be true. Click through to be aware that much of this marketing exists solely to collect your personally identifiable information in exchange for false promises.
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Bookkeeping can be a daunting task, but it doesn't have to be with these seven QuickBooks hacks.
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As a mid-sized law firm, maintaining effective accounting practices can help you manage cash flow, track expenses, and make informed business decisions.
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Learn five essential accounting tips for co-op managing agents. From record-keeping to hiring a professional accountant, we've got you covered!
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For any condominium or cooperative building, an audit is an essential tool for ensuring that the financial operations are transparent and accountable.
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In an S corporation, there may be a thin line between an employee and an owner — but there's a line nonetheless. Click through to avoid violating a serious rule when parsing the tax differences between "owner" and "employee."
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In the waning days of 2022, President Biden signed a bill that improves the retirement situation for a wide range of Americans. Click through for a first look at these changes, which affect almost every worker and the companies that employ them.
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When you're building a business, you might be focused on the here and now. But if you really want to succeed over time and set up a long-term business structure, you must imagine how the business will survive even after you're long gone. Click through to learn how you can think about the longevity and future of your business while working on it in the present.
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When it comes to tax write-offs for business owners, I've compiled a list of 75+ expenses that could be deductible for you. View or download the list today.
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There have been some key tax changes this year, and you'll need to address them as April 15 approaches. Click through to review the key topics, so you'll know what to go over with your accountant in 2023.
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The FTX debacle has been dominating the news, as investors wonder what went wrong with the firm's complex business model. Click through for a brief overview that shines some light on a dark corner of the investing universe.
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The new year is a great time to take stock of your key business processes. With that in mind, here are three, key QuickBooks areas to take a look at as you enter 2023.
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Before you begin to prepare your income tax return, go through our Tax Preparation Checklist. Not every category will apply to you, so just pick those that do, and have that information available. When you’re ready to share your files with us, you’ll be surprised at how much time you will have saved by organizing your information beforehand.
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2022 tax strategy and contribution to tax-advantaged accounts, such as IRAs and 401ks, deadlines are approaching. Now is the time to discuss the following with us.
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The Social Security Administration is giving recipients a big bump but is also raising the income threshold for taxation. How does this change your situation?
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You may have been advised to check your tax withholdings at least once a year. But if you've had job or family changes, you may want to do it more frequently.
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Regardless of the size of your law firm, it’s important to know accounting and bookkeeping basics. Here are some tips and best practices for accurate and efficient accounting.
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This annual notice provides the rates for taxpayers to use in substantiating the amount of ordinary and necessary business expenses incurred while traveling away from home. See how this may affect you.
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