by Chad Mangum | Sep 6, 2024 | Tax Basics
Securing Financial Futures with Defined Benefit Plans for Small Business Owners Introduction: Planning for retirement is critical for small business owners, and a Defined Benefit Plan provides a structured path to achieve financial security. This plan promises a... by Chad Mangum | Sep 4, 2024 | Tax Basics
Unlocking Tax Savings with Cost Segregation Cost segregation is a critical tax-saving strategy for small business owners who own commercial or residential rental properties. This approach involves identifying property components and improvements that can be... by Chad Mangum | Sep 2, 2024 | Tax Basics
Capitalizing on Home Sale Tax Exclusions Selling your primary residence can offer significant financial benefits, including the ability to exclude gains from capital gains tax. This article explains the Sale of Home Gain Exclusion, its eligibility requirements, and... by Chad Mangum | Aug 30, 2024 | Tax Basics
Enhancing Tax Efficiency: Home Office Mileage Deductions for Small Business Owners For small business owners, the home office mileage deduction offers a pathway to reduce taxable income by claiming expenses related to business use of a vehicle from a home office. This... by Chad Mangum | Aug 28, 2024 | Tax Basics
Simplifying Retirement Planning with the SIMPLE IRA for Small Business Owners Introduction: Navigating retirement planning can seem daunting for small business owners, but the SIMPLE IRA provides a straightforward solution. This blog post will explain the SIMPLE IRA...
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