by Chad Mangum | Dec 4, 2024 | Tax Basics
Maximizing Business Benefits with the Vehicle Plug-In Credit Introduction For small business owners, the Vehicle Plug-In Credit not only fosters eco-friendly practices but also offers substantial tax savings, enhancing the financial bottom line. This credit provides a... by Chad Mangum | Nov 25, 2024 | Tax Basics
Mastering Accrual to Cash Adjustments for Small Business Accounting Overview Accrual to cash adjustments is a critical process for businesses transitioning from accrual-based accounting to cash-based accounting. This article explains how this adjustment works, its... by Chad Mangum | Nov 22, 2024 | Tax Basics
Enhancing Retirement Readiness with Cash Balance Plans for Small Business Owners Planning for retirement while maximizing tax benefits is crucial for small business owners. The Cash Balance Plan offers a unique opportunity for enhanced retirement savings with... by Chad Mangum | Nov 20, 2024 | Tax Basics
Boost Your Retirement with a Traditional 401(k) Plan for Small Business Owners Introduction: A traditional 401(k) plan is a powerful tool for small business owners aiming for a secure financial future. This blog post outlines the benefits of a traditional 401(k),... by Chad Mangum | Nov 18, 2024 | Tax Basics
Navigating Tax Compliance: IRS Guidelines for Partnerships Overview Partnerships, as a flexible and common business structure, must adhere to specific IRS guidelines for tax reporting and compliance. This article outlines the critical tax obligations for partnerships... by Chad Mangum | Nov 15, 2024 | Tax Basics
Enhancing Small Business Through Employee Achievement Awards Introduction: For small business owners, recognizing the contributions of employees is not only vital for boosting morale but also presents a strategic advantage through tax benefits. This comprehensive...
Recent Comments