Tax Savings Strategies - You’ve had an amazing year in business. Sales are up, your team is growing, and for the first time, you feel like you’re thriving as an entrepreneur. Then tax season arrives. You sit down with your CPA, feeling confident—until they hit you...
2024 ended with a jarring surprise for many small business owners: the abrupt closure of Bench Accounting on December 20th. As one of the most recognized online bookkeeping services, Bench’s shutdown left countless customers scrambling to access their financial...
7 Strategies to Reduce Taxes When Facing a Long-Term Capital Gain - When it comes to selling a business, real estate, or any other large asset, many people don't realize the significant tax implications until it's too late. A unique life event like this—where there’s...
A business sale can become 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. You can minimize, defer, or avoid...
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