5 Tips to Follow When Obtaining Cyber Insurance
Every business should dedicate time and resources to cybersecurity. Hackers are out there, in many cases far across the globe, and they’re on the prowl for vulnerable companies. These criminals typically strike at random — [...]
The Advantages of Using an LLC for Your Small Business
If you operate your small business as a sole proprietorship, you may have thought about forming a limited liability company (LLC) to protect your assets. Or maybe you’re launching a new business and want to [...]
A Tax-Smart Way to Develop and Sell Appreciated Land
Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels and sell them off for a hefty profit, it could trigger a large tax bill. In [...]
Pocket a Tax Break for Making Energy-Efficient Home Improvements
An estimated 190 million Americans have recently been under heat advisory alerts, according to the National Weather Service. That may have spurred you to think about making your home more energy efficient — and there’s [...]
Optimizing Depreciation in the Restaurant Industry Through Cost Segregation
Understanding the intricate dynamics of the tax code is crucial to optimizing profitability in any business, and the restaurant industry is no exception. One area of tax strategy that often offers substantial benefits is depreciation, [...]
Featured Client: Pizza Leah- Leah Scurto
Featured Client Pizza Leah- Leah Scurto 1. Can you share what motivated you to follow your current career path, and how you began your [...]
Featured Team Member: Judy Deniz
Judy Deniz 1. Can you describe some of your personal values or beliefs that you endeavor to integrate into your work? How do these influence your approach to your role? My personal [...]
Use an S Corporation to Mitigate Federal Employment Tax Bills
If you own an unincorporated small business, you probably don’t like the size of your self-employment (SE) tax bills. No wonder! For 2023, the SE tax is imposed at the painfully high rate of 15.3% [...]
Solo Business Owner? There’s a 401(k) For That
If you own a successful small business with no employees, you might be ready to set up a retirement plan. Now a 401(k) might seem way out of your reach — only bigger companies can [...]
That Email or Text from the IRS: It’s a Scam!
“Thousands of people have lost millions of dollars and their personal information to tax scams,” according to the IRS. The scams may come in through email, text messages, telephone calls or regular mail. Criminals regularly [...]