Tax Changes for 2019 Tax Year
One of the biggest changes in the history of the tax code took place starting for the 2018 tax year. A lot of people were caught off guard with the changes made and didn’t know what to expect. For the 2019 tax year, we are trying to get one foot out in front to make sure everyone knows what to expect.
Overview of the Qualified Business Income Deduction
One of the most frequently asked questions we get is about how the tax cut helped business owners. So, in order to simplify the understanding of what the business deduction is, we have put together our short version
Small Business Retirement Plans
If you're like many small business owners in the United States, you may be considering the various retirement plan options available for your company. Employer-sponsored retirement plans have become a key component for retirement savings. They are also an increasingly important tool for attracting and retaining the high-quality employees you need to compete in today's competitive environment.
Was Your Refund Not What You Hoped For?
One major topic discussed during the 2018 tax season was the decrease in refunds people were seeing, or even worse, owing when they usually get a refund. This came as quite a surprise to most of the population as the new tax reform was promising to cut taxes for most of the population.
The Difference Between a Contractor and an Employee
The difference between a contractor and an employee differs based on a few basic criteria. The designation is important when determining who pays payroll taxes.
Did You Receive a 1099?
1099 Contractors Do you perform odd jobs around the year and receive a 1099 for employment that’s not your everyday work? If so, your expenses can be deducted! If you do anything from refereeing, modeling, fishing, etc. and are compensated...Read More →