Your Guide to Business Tax Credits (2023 Tax Year)

You may be eligible for valuable credits that can help reduce your overall liability and make running your business more affordable. This guide provides an overview of some of the most common small business tax credits and what they could...

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Home Office Deduction: Which Expenses Can You Deduct in 2024?

The home office deduction allows self-employed individuals and remote workers to deduct certain expenses related to their home office. However, not all expenses are eligible for deduction. It’s important to understand which expenses you can deduct in 2024 and how...

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Should You Allow Vaping at Work? 4 Considerations

As a business owner, it’s crucial that you make strategic decisions about what you will and won’t allow in the workplace. This includes everything from employee dress and unapproved overtime to how and where staff take breaks. It also...

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Justice Department Moves to Halt Operations of Miami Tax Preparer

The Justice Department has taken legal action against Aniel Saint-Hilaire, a Miami-based tax return preparer. Filed in the U.S. District Court for the Southern District of Florida, the complaint seeks to permanently bar Saint-Hilaire from owning, operating, or participating...

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16 Nondeductible Expenses for the 2023 Tax Year

The 2023 tax filing season is here, and with it comes a slew of nondeductible expenses that could affect your bank account. Whether you’re filing taxes independently or as part of a household, knowing what isn’t deductible can help...

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What is Cold Calling? A Complete Guide

Cold calling remains a valuable tool for small businesses, offering a direct and personal way to reach potential customers. Despite the rise of digital marketing, the human touch of a phone call can effectively build relationships and generate leads. For...

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Tracking Tax Write-Off Carryovers

Due to various limitations on certain deductions and tax credits, you may not be able to use the full amount of a write-off in the year in which it arises. Instead, the unused amount may be carried forward and...

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Elon Musk’s $44 Billion Twitter Takeover Failure

When Elon Musk first announced his deal to buy Twitter for $44 billion in 2022, the billionaire tech mogul believed that his ownership of the company would restore free speech to the masses, and even help to preserve humanity....

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Small Businesses in Drought-Affected Regions Urged to Apply for Loans Before Deadline

Francisco Sánchez Jr., the associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration (SBA), has reminded small nonfarm businesses across several states of the impending deadline to apply for federal disaster loans. These...

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LLC Taxes: Everything You Need to Know in 2024

The process of managing LLC business taxes can be confusing and overwhelming, but with the right understanding of the laws and regulations, it’s not as complex as it seems. That’s why we created this comprehensive guide to help you...

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