What is tax planning? It’s a process that reduces personal and business tax liability starting now and extending into retirement. Learn more.
Articles: Tax Advice
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Straight talk on tax planning, accounting, and financial strategies your company needs to grow fast and smart.
Small Business Tax Deductions Checklist for 2023 (Plus Credits)
Start the 2023 tax season strong with a checklist to plan to for tax deductions and credits. Take a hard look. Does your business qualify?
What Is The New Markets Tax Credit Program? Charity or Opportunity?
The New Markets Tax Credit program is not charity, it’s a tax reward for businesses that bet on long-term growth in underserved communities.
What Expenses Qualify for R&D Tax Credits?
Only 3 in 10 small businesses take advantage of research and development tax credits that they are eligible for. See if you qualify here.
What Business Meals Can You Deduct?
What business meals can you deduct? How much can you deduct per expense? Read this guide to build relationships without breaking the bank.
Letter: The Danger of a Tax Compliance Mindset
Over the last few weeks, I’ve been busy breaking down complex elements of the tax code and Internal Revenue Service (IRS) regulations. Have we been...
How to Depreciate Renovation Costs and Save on Taxes
Learn how to offset the cost of renovation with simple tax deductions.
How do Business Owners Pay Less Taxes Now and In Retirement?
How do business owners pay less in taxes now and plan for retirement? Let’s talk tax-efficient businesses and tax-efficient retirement plans.
How to Depreciate a Car for Business
Learn how to depreciate a car for business, account for depreciation, and claim lucrative tax credits.
How to Invest Business Profits to Avoid Taxes
Here are my top four tax strategies that allow yout business to reinvest business profits and reduce tax liability simultaneously.
Tax Season is Over. What’s Next?
If small business owners knew what to do after tax season, we'd see tax savings increase next year by wide margins. So what do you do after tax...
How to Keep Small Business Taxes Low
Sometimes business owners just get it. I ran into a client at the Fort Worth Arts Festival last weekend. He said, “Just a quick check-up," and...
How Long to Keep Business Tax Records
Tax documents, statements, receipts, ledgers, titles—how long should you keep your records? Get the facts that keep your business IRS-compliant.
An Introduction to Amending Tax Returns
Yes, you’ve filed. But tax returns aren’t etched in stone, and businesses can correct mistakes and take advantage of opportunities retroactively by...
Tax Preparation vs. Tax Planning: A Guide for Business Owners
Tax preparation is the ultimate "of course" service for growth-stage business owners. Tax planning is entirely different in terms of process and...
Small Business Tax Changes for 2023
See my list of good (and bad) small business tax changes for 2023 that all business owners should be aware of.
Is Depreciation Tax Deductible?
Is depreciation tax deductible? Which assets can and can not be depreciated? Stay informed with my comprehensive guide to depreciation.
A Complete Guide to 2023 Tax Credits for Small Businesses
Actionable information on high-impact tax credits: tax-saving potential, qualifying requirements, rules and exceptions, costs, forms, and next steps.
How to Avoid Small Business Tax Mistakes
Tax and bookkeeping errors cost small businesses millions in taxes each year. Avoid the five most common mistakes with easy solutions you can implement now.
When Are Small Business Taxes Due for 2022?
Tax deadlines are coming up, and small business owners are asking the same question, “When are small business taxes due for 2022?” Today, we have to...
5 Important Documents Needed For Small Business Taxes
With tax season in full swing, small business owners need to know what documents are needed for small business taxes and how these documents help...