There still may be time to reduce your small business 2023 tax bill

There still may be time to reduce your small business 2023 tax bill

In the midst of holiday parties and shopping for gifts, don’t forget to consider steps to cut the 2023 tax liability for your business. You still have time to take advantage of a few opportunities. Time deductions and income If your business operates on a cash basis,...
5 strategies to cut your company’s 2023 tax bill

5 strategies to cut your company’s 2023 tax bill

As another year ends with interest rates and markets in flux, one thing remains certain: Reducing your company’s tax bill can improve your cash flow and your bottom line. Below are five strategies — including some tried-and-true and others particularly timely — that...
The tax implications of renting out a vacation home

The tax implications of renting out a vacation home

Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains or in a resort area, you may want to rent it out for part of the year. The tax implications of these transactions can be complicated. It...
Tax Tips for Newlyweds: What to Know for Your First Married Season

Tax Tips for Newlyweds: What to Know for Your First Married Season

Congratulations newlyweds! Marriage marks an exciting new chapter filled with joy, companionship, and financial teamwork. As you merge your lives together, be sure to update these key tax items to ensure smooth sailing during tax season. Change your name on all...