Guidelines for Electric Vehicle Tax Credits
Guidelines for Electric Vehicle Tax Credits There are tax credits available when you purchase a new or used electric vehicle, for both fuel cell vehicles (FCV) and plug-in vehicles. These are obvious tax incentives to go green and buy an EV, but there are some rules for claiming the Federal Tax Credit. What is a […]
Roadmap for Starting a New Business
Roadmap for Starting a New Business One of the most thrilling and rewarding experiences you can have is starting a successful business. Starting a new business requires a lot of planning and preparation. But how do you get started? There are many different approaches to starting a business, each with requirements to take into account. […]
Using Your Vehicle for Business to Save Money
Using Your Vehicle for Business to Save Money Whether you are a business owner, self-employed, or an employee, if you use your vehicle for any business use you will be able to deduct some expenses and reduce the amount of income tax you’ll have to pay. If you put a lot of business miles on […]
Payroll Calculation Tips
Payroll Calculation Tips Payroll calculation for your company may seem like a demanding, unpleasant task. However, things don’t have to be that way. Payroll calculations can be done quickly and effectively online using simple tools or by outsourcing to a payroll company. Locate the necessary resources and information, payroll errors could lead to significant issues […]
Keep Money Stress to a Minimum During the Holidays
Keep Money Stress to a Minimum During the Holidays The holiday season is always busy with tasks for getting prepared for Thanksgiving and Christmas, and if you’re not careful, stress levels can go through the roof. Many people say that this year is more stressful than usual because of tighter finances. After the last […]
What to Do When You Have Unfiled Tax Returns
What to Do When You Have Unfiled Tax Returns In 2020, over 60% of US citizens did not pay any federal income tax, according to CNBC. Tax consultants and accountants highly recommend that you file a tax return for every year you have unfiled returns and pay any unpaid taxes. For those who are not […]
Understanding Payroll Expenses
Understanding Payroll Expenses Businesses need to understand payroll costs because they make up a sizable amount of any organization’s operational expenses. Payroll expenses are an area that many businesses don’t completely understand. Simply put, they are expenses that a business is responsible for and must pay for when they process their payroll. This includes the employer’s […]
Managing Finances After a Job Layoff
Managing Finances After a Job Layoff What would you do if you suddenly and unexpectedly found yourself out of a job or had your hours cut way back? How would it impact your finances? Here’s what financial experts advise you to do if you if you are ever laid off from your job. In today’s uncertain […]
5 Things to Know About Taxes After Retirement
5 Things to Know About Taxes After Retirement In retirement, taxes can substantially impact your finances. If you’re thinking about retiring soon, you’ll want to think about how taxes are going to impact your financial situation. If you plan well, it is possible to significantly lower the amount of taxes you’ll pay. Understanding the impact […]
It’s Not Too Late to Get Your Finances in Better Shape for 2022
It’s Not Too Late to Get Your Finances in Better Shape for 2022 We are already 4 months into the new year, which is hard to believe. As accountants we often see people wait until the end of the year to start organizing their finances. If you have procrastinated in getting your finances in order, […]