Dec 29, 2020 | Income Tax
All small-business owners with one to 49 employees should have a medical plan in their business. Sure, the tax law does not require you to have a plan, but you should. Most of the tax rules that apply to medical plans are straightforward when you have fewer than 50...
Dec 22, 2020 | Bookkeeping
Tags: Outsourced Bookkeeping Services, Fractional CFO, Virtual Accounting Services, Outsourced CFO, Sarasota Tax Problems When you’re a new business owner, you usually start with many variables that are outside your control. You can often make things more...
Dec 22, 2020 | Income Tax
If you are thinking of getting married or divorced, you need to consider December 31, 2020, in your tax planning. Here’s another planning question: Do you give money to family or friends (other than your children, who are subject to the kiddie tax)? If so, you need to...
Dec 17, 2020 | Income Tax
When you take advantage of the tax code’s offset game, your stock market portfolio can represent a little gold mine of opportunities to reduce your 2020 income taxes. The tax code contains the basic rules for this game, and once you know the rules, you can apply the...
Dec 14, 2020 | Outsourced CFO, Virtual CFO
Tags: Outsourced Bookkeeping Services, Fractional CFO, Virtual Accounting Services, Outsourced CFO, Sarasota Tax Problems Less than one-third of businesses survive 10 years after their founding. In around 80 percent of cases, business failure stems directly from...
