Selling a small business or company means income, and income denotes taxes. But how you structure your business can make a big difference in how much of the money gotten from the sale...
Posted by BEST FINANCIAL GROUP LTD on 05/22/2022
You must know by now that you most likely have pytrol taxes when you start running a business. It doesn’t come as a surprise that the internal revenue service has strengthened...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 03/31/2022
Generally, tax deductions are expenditures that business owners can subtract from their taxable income. It is economical as it saves cost by reducing the tax amount you need to pay.Most...
Posted by Pat Raskob on 03/31/2022
What is cash flow?Cash flow is known as the movement of money in and out of your business. Treat the "cash" in your cash flow as real physical money and any cash equivalent....
Posted by James Financial Services Inc on 03/24/2022
There are a series of deductions available for all qualified small business owners. It can go a long way to reduce their tax burden even though most businesses are not aware, let alone...
Posted by Tiffany Gaskin on 12/18/2021
You might be a professional seller on Amazon or sold off a couple of stuff in the past year. It is normal to wonder about the tax implication of your actions as you prepare for the...
Posted by Dennis Jao on 10/24/2021
Marijuana stocks are becoming increasingly popular as more states are legalizing the use of the drugs for medical and recreational purposes. Now you can even invest in marijuana stocks...
Posted by Taxes Made EZ Inc on 10/09/2021
Tax deferral involves taking a deduction and moving it to a previous year or deferring part of your income to a later year. You are not reducing your overall taxes but getting a benefit...
Posted by Abundant Wealth Planning LLC on 07/24/2021
We hardly hope for a natural disaster, but they come and strike us many times. This results in a series of disasters alongside the destruction of life and properties. For victims of...
Posted by Tiffany Gaskin on 07/23/2021
