3 Tax Tricks Every Small Business Owner Should Know Like the Back of Their Hand

small business tax tips

Dreading tax time? Join the club. We know - it can be a scary time for an entrepreneur like yourself. But we’re here to tell you that you shouldn’t be afraid. Small business owners have so many tax-saving options available to them, and below we’ve listed the top three that all should have in their back pocket. Deductions Deduct, deduct, ... More >

10 Tax Deductions for Small Businesses and the Self-Employed

small business tax deductions

You’ve heard the expression “leaving money on the table,” right? It means you’re not getting as much money as you could. And it’s unfortunately what a lot of small businesses do when they don’t get all of the tax breaks that they’re eligible for. This is money that can be put right back into your business to help it grow and prosper. Below ... More >

Where You Should (and Shouldn’t) Start a Small Business

2017 tax climate

If you’re looking to start a small business, it pays to know which states are and aren’t optimal to do business in. According to the Tax Foundation, a Washington, D.C. based tax research group, below are the 4 best and 4 worst states to do business in for 2017. The Good Wyoming Wyoming earns the top spot, in large part to the state ... More >

President Trump Proposes 20% Corporate Tax Reduction

Presidential corporate tax plan

One of President Trump’s campaign promises was to lower the corporate tax rate that businesses are required to pay each year. His proposal is to cut the corporate tax by 20% (from 35% to 15%) for businesses across the board—from large corporations to smaller pass-through entities (i.e. LLCs and S-Corporations). The President’s proposal has not ... More >

Republican Business Tax Overhaul on the Horizon

proposed tax overhaul

As the new Republican-controlled U.S. Congress gets up and running, Republican Senators and Representatives are gearing up to overhaul the current American tax system. This overhaul has the potential to reach every citizen at every level of income and/or business size. According to Republican leaders, the goal of this overhaul would be to ... More >