Estimated Tax Payments: What to Pay and When in 2024

Estimated tax payments can be confusing, but they don’t have to be. Understanding the basics of estimated taxes and what you need to pay is key to making sure you stay in compliance with the IRS. Keeping up with estimated taxes...

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10 Tax Deductions for Travel Expenses (2023 Tax Year)

Tax season can be stressful, especially if you’re unaware of the tax deductions available to you. If you’ve traveled for work throughout the year, there are a number of deductions for travel expenses that can help reduce your taxable income...

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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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