by PTF | Jan 18, 2021 | Articles, Business Services, Planning Services, Resource
If you are a small business owner, every penny of your income counts. This means that you not only want to optimize your revenue, but also minimize your expenses and your tax liability. Unfortunately, far too many entrepreneurs are not well-versed on the tricks and...
by PTF | Jan 15, 2021 | Business Services, Financial Reporting
How to Create Recurring Transactions in QuickBooks Online QuickBooks Online saves time and improves accounting accuracy in numerous ways. One example is its support for recurring transactions. It’s easy to get distracted when you’re doing dull, repetitive accounting...
by PTF | Jan 14, 2021 | Business Services, Individuals, Planning Services, Resource, Tax Preparation
How to Address Rising Tax Problems During COVID-19 COVID-19 has caused the death of over 300,000 people. There have been nearly 19 million reported cases in the United States. COVID-19 has touched nearly every aspect of the lives of every American. It has even...
by PTF | Jan 11, 2021 | Business Services, Financial Reporting
W-2 or 1099-NEC: Which Form Should Your SMB Use for Which Workers? Filing annual wage reports is just one of the many end-of-year responsibilities expected of every business. But the task is not as straightforward as some would think. The reports get sent to the...
by PTF | Jan 9, 2021 | Business Services, Planning Services, Resource, Tax Preparation
Increased Business Meal Deductions for 2021 and 2022 Article Highlights: Business Meals Under TCJA 100% Deduction for 2021 and 2022 Qualifications If you recall, the Tax Cuts and Jobs Act (TCJA), effective beginning in 2018, eliminated the business-related deduction...
by PTF | Jan 8, 2021 | Business Services, Individuals, Resource, Tax Preparation
2021 Standard Mileage Rates Announced Highlights: Standard Mileage Rates for 2021 Business, Charitable, Medical and Moving Rates Important Considerations for 2021 Switching between the Actual Expense and Standard Mileage Rate Methods Employer Reimbursements Employee...
Recent Comments