by Tiffany Phillips CPA | Jan 6, 2022 | Deductions, Income Tax
Effective tax planning strategies help your business save more money that can be reinvested for business growth and expansion. A key part of managing your business’s finances is adopting tax savings initiatives. The following tax planning strategies can help...
by Tiffany Phillips CPA | Dec 22, 2021 | Deductions, Income Tax
Despite various “tax simplification” pushes in congress over the years, the truth is that the U.S. tax code is an extremely complex system. As a result, many small business owners may be missing out on business tax saving strategies they are eligible for but don’t...
by Tiffany Phillips CPA | Dec 9, 2021 | Capital Gains, Installment Sale, Like-Kind Exchanges
A business sale can get quite complicated depending on the type of business structure. When selling a business, this usually involves the disposal of various assets. As such, selling your business may result in capital gains tax. Capital gains tax on a business sale...
