“Yesterday is gone, tomorrow has not yet come. We have only today, let us begin.” ~ Mother Teresa Many of the tax rules that were put in place … Read more about Growing Your Business by Adapting to Changing Tax Rules
A Quick Look at J.K. Lasser’s Small Business Taxes 2025
For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to guide for owners and tax advisers. The 2025 edition for … Read more about A Quick Look at J.K. Lasser’s Small Business Taxes 2025
Tax Changes Expected from a New Administration and New Congress
There has been much talk about the need for tax changes. Many tax rules put in place by the Tax Cuts and Jobs Act of 2017 (TCJA) are set to expire at … Read more about Tax Changes Expected from a New Administration and New Congress
Mid-Year Tax Planning Musts for Your Business
Tax planning may not be your favorite activity, but it’s one that can put money in your pocket. The decisions you make now and execute before the end … Read more about Mid-Year Tax Planning Musts for Your Business
J.K. Lasser’s Small Business Taxes 2024: Author’s Overview
For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to guide for owners and their tax advisers. The 2024 edition … Read more about J.K. Lasser’s Small Business Taxes 2024: Author’s Overview
10 Things to Do for Your Business Now
For many businesses, summer is a slow time. Customers and clients may be on vacation, and you may have time on your hands. Don’t waste this time. … Read more about 10 Things to Do for Your Business Now
Mid-Year Tax Planning for Your Business
Can you believe that half of 2023 is over? The first half of the year has been a rocky one economically speaking. There were several interest rate … Read more about Mid-Year Tax Planning for Your Business
Start Your Year-End Planning Now—Part 1
It’s never too early to think ahead, so now—the beginning of the fourth quarter of 2022—is a great time to begin year-end planning. The goal of this … Read more about Start Your Year-End Planning Now—Part 1
What Does “Income” Mean for Tax Rules?
The word “income” is a generic term for the accretion to wealth. The word “income” connotes wages and earnings from self-employment. But for tax … Read more about What Does “Income” Mean for Tax Rules?
Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2022
Tax law is not static and new legislation, IRS pronouncements, and court decisions continue to tweak tax rules. They affect reporting on 2021 returns … Read more about Supplement to J. K. Lasser’s 1,001 Deductions and Tax Breaks 2022
J.K. Lasser’s Small Business Taxes 2022: What’s New and What’s Ahead
For more than 25 years, I’m proud to say my tax book for small businesses has been the go-to guide for owners and their tax advisers. The 2022 edition … Read more about J.K. Lasser’s Small Business Taxes 2022: What’s New and What’s Ahead
Looking Ahead to 2022 Taxes for Your Business
While your 2021 tax return hasn’t been filed and likely won’t be for many months, it’s not too soon to be thinking about taxes for 2022. Congress is … Read more about Looking Ahead to 2022 Taxes for Your Business
Not Too Early for Year-End Planning
Early in the fourth quarter of 2021 is a good time to begin year-end planning. The sooner you get a jump on things, the more options you’ll have and … Read more about Not Too Early for Year-End Planning
Tax Changes from COLAs for 2021
Due to cost-of-living adjustments (COLAs), various limitations and amounts used for tax deductions, credits, and other purposes, the tax rules for … Read more about Tax Changes from COLAs for 2021
Estate Tax Planning for Business Owners
The value of an ownership interest in a business may be worth a lot by the time an owner dies. For heirs, whether this interest is diminished by … Read more about Estate Tax Planning for Business Owners
