What Is a Last Will and Testament? Why Is It Important For Business Owners?
This is part 1 of our estate planning mini series. On this post we invited our preferred Attorney, Andrew M Ayers. If you would like to connect with Andrew or are looking to setup an entity you can contact him directly here. Here is a guest post from Andrew M Ayers: Your Last Will and Testament […]
How Should I Structure Multiple Businesses?
Lets be honest, entrepreneurs are always thinking about new ideas. This is why you often see successful business owners have many different businesses often times even in completely different industries. A question that comes up often in our Free Facebook Group stems around this idea of how to structure your business when you have multiple businesses or […]
When Should I (or Should I Not) Become An S Corp?
First off, if you missed our Blog Post or Podcast Episode last week on “What Is An S Corp?” you will definitely want to check that out as it leads into this one. Also, I just want to let you know that we did an entire series on S Corporations on both our Blog and Small […]
What Is An S Corp?
Before I get started, I just want to let you know that we did an entire series on S Corporations on both our Blog and Small Business Tax Savings Podcast, so if you want to dig deeper from what we discuss today, check that out. Everything You Need To Know About S Corporations We also […]
Where’s My Refund? What Is a Tax Refund?
Over the years of being in the tax world this idea of a refund, while appearing to be simple, is often confused. Here we are going to talk about two things: Where’s my refund? What is a tax refund? Lets knock out the most important one first! Where’s My Tax Refund? It’s your money, where […]
What Is a Roth IRA and Why Is It So Powerful?
IRAs (Individual Retirement Accounts) have been around for a long time and utilized by many. Most people when they think of IRAs think of the Traditional IRA. Put money towards retirement and get a tax deduction today. However, a Roth IRA can potentially provider even more powerful tax strategies and that’s what we want to […]
When Are 2021 Tax Returns Due? How Can I Make This Tax Season Stress Free?
Welcome to 2022. Happy New Year Everyone! Although we are onto another year, 2021 is technically not over, we have tax returns to file yet! In this blog post we are going to go through some things you can do early here in 2022 to make this tax season a breeze. Before beginning, the number one […]
What Is the Difference Between an Independent Contractor vs Employee?
Lets face it, the independent contractor vs employee discussion is not going away, it is actually becoming even more important. With COVID you see so many people starting new business ventures which brings this question to the fore front. You also have states really cracking down on this exact topic. With that being said, lets go […]
What Tax Strategies Are Available After the Year Is Over? Tax Strategies After 12/31/21
If you have been listening to our Podcast or following our Blog for awhile you will know that we stress the importance of tax planning throughout the year and NOT during tax season. The fact remains true that if you are looking for and thinking about tax strategies now (in tax season) for last year […]
What 3 Mistakes Do New High-Income Entrepreneurs Make and How Can They Avoid Them?
This week on our Small Business Tax Savings Podcast we had a special guest on, Chris Hanna. He shares his story of entering the entrepreneurial journey and shares tips he has learned along the way. Your taxes don’t have to be scary or complicated. As a new entrepreneur or business owner, that’s exactly what they can […]