Our Tax Blog

Harnessing the Energy Research Credit for Enhanced R&D Tax Savings Small business owners should seize every tax-saving opportunity to boost growth and innovation. The Energy Research Credit, linked to the R&D tax credit, offers substantial benefits for...

Enhancing Tax Efficiency with Tax Loss Harvesting Tax Loss Harvesting is a strategic approach for small business owners to minimize tax liabilities by offsetting realized gains with losses from investments. This guide will delve into how Tax Loss Harvesting works, its...

Exploring the 412(e)(3) Plan: A Robust Retirement Strategy for Small Business Owners Introduction: For small business owners, securing a robust retirement plan is crucial. The 412(e)(3) plan, known as the 'insurance contract plan,' offers a guaranteed retirement...

Leveraging Family in Business: The Strategy of Hiring Your Children For small business owners, strategic tax planning is essential. Employing your children in your business can provide significant tax benefits and valuable work experience for them. This guide explores...

Empower Your Team's Education with an Employee Assistance Program: A Guide for Small Business Owners Introduction: Investing in your employees' education can significantly benefit your business. Establishing an Education Assistance Program is an effective way to...

Enhancing Business Liquidity: The Strategic Benefits of Installment Sales Introduction: Installment sales provide an attractive strategy for small business owners to manage cash flow and maximize financial strategies effectively. This article explores how installment...

Unlock Tax Savings with the Dependent Care Tax Credit: A Guide for Small Business Owners Introduction: Managing a business while caring for dependents can be challenging. The Dependent Care Tax Credit provides significant tax savings by covering expenses for dependent...

Leveraging Qualified Opportunity Zones for Strategic Investment and Tax Benefits Qualified Opportunity Zones (QOZs) offer small business owners a unique investment opportunity to defer and potentially reduce capital gains taxes while contributing to economic...