How to Avoid These 4 Costly Mistakes When Incorporating

You want to steer clear of mistakes when incorporating. We’ve got your back with four errors to know and avoid. Taking that bold leap into the future is exciting, but are you making mistakes when incorporating your business? It pays to know the biggest errors businesses make so you can avoid them yourself, and prevent that great leap forward from becoming a great big mess
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Categories: CORPORATIONS & LLCs.

The 5 Most Common Business Accounting Mistakes, and How to Avoid Them

Wondering whether you’re making business accounting mistakes? Here are the five biggest errors and how to avoid them. We probably don’t need to tell you that the Internal Revenue Service is not gentle when it comes to business accounting mistakes. Good intentions do not count, and errors can earn you hefty penalties in an audit…or even make one more likely. If you want to keep
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Categories: BUSINESS TAX STRATEGIES.

The 3 Most Effective Estate Planning Strategies You’ve Been Looking For

Looking for effective estate planning strategies? Here’s what you need to know. By using effective estate planning strategies now, you can save your family time, energy, and money. With proper planning, your family will owe less money to legal fees and taxes. This means more of your estate gets transferred to your family, where it belongs. However, you shouldn’t make your plans alone; estate taxes
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Categories: TRUSTS, ESTATES & FIDUCIARIES.

Avoid These 3 Dangerous Business Write-Offs Like the Plague

Some business write-offs aren’t good for business. How do you know what tax write-offs are legitimate for your small business? When done right, business write-offs can save you loads of money. But if you make a mistake or write off the wrong expense, you could end up paying more in the long run. We understand tax law can be difficult, so we’re here to help.
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Categories: BUSINESS TAX STRATEGIES.

Which Business Tax Planning Strategies Will Save You Big Time in 2018?

Business tax planning strategies can be a good idea, but it’s crucial that you start planning now. Nobody wants to get gouged on taxes. But all too often, business owners don’t think about their taxes until the end of the year, and then a mad scramble begins. Avoid all that hustle and bustle by planning in stages throughout the year. Business tax planning strategies can
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Categories: BUSINESS TAX STRATEGIES.

The Top Tax Audit Triggers Most Likely to Get You an IRS Love Note

Are you guilty of these common tax audit triggers? The last thing you want to see in your mailbox is an envelope marked “Official Business” from the IRS. You’d never mislead the IRS intentionally. But it’s easy to call attention to yourself if you’re committing these tax audit triggers. Before you file your return, read through this list and make sure none of the following
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Categories: IRS PROBLEMS.

Which Business Tax Write-Offs Are Legit for Your Company?

Don’t pay the price for bad business tax write-offs. Business tax write-offs keep more of your money in your own pocket, as long as you only take the ones that are legitimate. Make a mistake and you will wind up paying dearly. The tax code becomes more convoluted every year. That makes every deduction or credit you claim a risk as well as a benefit.
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Categories: BUSINESS TAX STRATEGIES.

Is QuickBooks the Only Option for Bookkeeping and Accounting Software?

Take a look at the most popular bookkeeping and accounting software for small businesses. QuickBooks Online is undoubtedly one of the most popular bookkeeping and accounting software programs for today’s small business professionals. However, there are other options. Some of the alternatives are free, basic programs perfect for the smallest operations. Others are complex enough to handle heavy workloads. Still others will perform accounting, bookkeeping
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Categories: BUSINESS TAX STRATEGIES.

The Best Way to Avoid the Worst Three Accounting Errors

Avoid these three accounting errors to ensure a better tax season. When filing your business tax returns every year, it is very easy to find you’ve made a litany of accounting errors. These mistakes can cause severe problems for your business. For example, the IRS could set up an audit that finds you didn’t pay enough money. Even worse, you could discover that your finances
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Categories: BUSINESS TAX STRATEGIES.

The Six Most Common, and Avoidable Personal Tax Mistakes You Need to Watch Out For

Avoid these most common personal tax mistakes. Filing your returns every year is often the best way to ensure you get the most back, but there are many tax errors that you can make during this process that will cost you money. These are the most common personal tax mistakes that people like you make every year. Thankfully, they are easily avoidable if you follow
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Categories: SACRAMENTO PERSONAL TAXES.