by admin | Dec 27, 2023 | TaxBiz
🎄 December is a generosity season, and if you feel the need to make donations this year, you may be rewarded with tax advantages. If you donate to an organization that meets the requirements of section 170(c) of the tax code, you can deduct that charitable donation...
by admin | Dec 20, 2023 | TaxBiz
You’ve probably heard about BOI (Beneficial Ownership Information), but don’t quite know what it’s all about, or how it can affect your company. 🛑 Don’t worry, we’ll answer some of your questions here – let’s get started! 🔹...
by admin | Dec 14, 2023 | TaxBiz
🔎 Tax Day may still be months away, but there are many steps you can consider before then that will help manage your bill. In fact, certain tasks should not, in some cases cannot, wait until next year, lest you miss out on potentially important opportunities. Here are...
by admin | Dec 6, 2023 | TaxBiz
🔎 Investing in a retirement account for your child or teen might sound crazy, but it’s one of the easiest ways to transfer and build generational wealth. While money in a Roth IRA is most easily withdrawn once you’re age 59½, contributions to a Roth IRA can be...
by admin | Nov 29, 2023 | TaxBiz
❌ You know what’s a frustrating experience? Getting to season of taxes and then finding out you owe a hefty tax bill. ✅ You know what’s a much better one? Knowing how much you owe months in advance so you can prepare to pay that tax bill. 💯 And...
by admin | Nov 23, 2023 | TaxBiz
🔎 No one wants to lose money on their rental properties, as they are famously cash-flowing and can be a great source of passive income. But if you currently have a vacant property or a very low rent, it may not be the end of the world if you have a Modified Adjusted...