Published May 11, 2023 Understanding Section 179 Deduction Section 179 is a tax deduction designed to encourage small businesses to invest in their growth and improve their infrastructure. Under section 179, small businesses can claim an immediate deduction on certain depreciable equipment that was purchased during the tax year. This deduction can be up to […]
Published May 10, 2023 As the world begins its transition into cleaner and more sustainable modes of transportation, electric vehicles (EVs) are becoming increasingly more popular by the minute. In response to this, governments have started offering incentives such as tax credits to encourage consumers to go out and buy EVs. Unfortunately, not many people […]
Published May 9, 2023 Celebrating Small Business Successes: Highlights from National Small Business Week Importance of National Small Business Week “National Small Business Week highlights the impact of outstanding small business owners, and others from all 50 states and U.S. territories.” (Rohit Arora, Forbes) National Small Business Week is an annual celebration that recognizes the vital […]
Published May 8, 2023 Maximizing Profits and Minimizing Tax Liability for Small Businesses in Orlando I. Introduction Tax planning is the process of managing your finances to minimize your tax liability while remaining compliant with the tax laws and regulations in your state. As a small business owner in Orlando, tax planning is crucial to […]
Published May 3, 2023 New Features In just a couple of short years, Intuit has been pushing the edge further with Quickbooks software. In Quickbooks Desktop 2023, they have released several new features to keep Quickbooks at the forefront of business financial software. These features are touted to help “complete your accounting tasks quicker than […]
Published May 1, 2023 Introduction As a business owner, keeping your finances in check is vital for the growth and success of your company. However, managing your finances can be time-consuming and complicated and to be honest, not the most enjoyable when you aren’t sure what to do and would rather be focusing on other […]