March is the month when the attention of all small business owners turns to the looming tax deadline. Yes, it can be stressful, but it can also be a great opportunity to put your business’ financial house in order.
Fibrick Financial Services is hosting a Small Business Series which is a series of workshops on assorted topics that are important to entrepreneurs and small business owners.
Download our tax readiness checklist which will help you track the documents you need to gather before heading to see your accountant!
6 second take: Learn how the new tax law changes will affect you when you file your return.
I have to admit, I dreaded reading about and listening to all the commotion in 2018 about the new tax reforms. It was nerve-racking. But now that the regulations are in effect, I have dedicated some time to learning about these changes and to figuring out how they impact my clients and myself. Below are the eight most relevant tax law changes.
Anxiety levels have soared among the lower and middle class as the GOP instigates a tax bill overhaul proffering hefty cuts to corporations and the highest-earning 1%. But most income brackets will see a boost in take-home pay – a blip for some earners and a bump for others. Find out where you stand.
The Tax Cuts and Job Act of 2017 is hotly contested for its drastic tax breaks for corporations and the top one percent of households. But it does offer small businesses a significant breather — at least until 2025. Here are a few things to ask your accountant as tax season approaches:
Tax season is here again! For tax professionals like me, this is a happy season. For almost everyone else, it’s a time of year they wish should they could skip. However, since no one has come up with a way to avoid life’s inevitabilities – taxes are one of them- let’s at least try to make the best of it. Here are my quick tips to take advantage of some of the tax perks available to you and to make the process of filing your tax return as painless as possible.
As another tax season has come and gone, I thought it would be a good opportunity to pass along some general takeaways which may make next year’s tax experience more seamless, informative and less taxing (pardon the pun). Well, here it goes …