It’s tax time again! Everyone’s favorite season of the year (after all of the other ones). If you’re like most business owners, you probably started out small and have (hopefully) seen your company grow over time. In the beginning, you were able to file your...
Taxes
How Your CPA Can Provide Helpful (And Valuable) Farm Tax Advice This Year
Farm taxes are most likely the least fun thing about being a farmer. Managing the land, working with the various stages of crop development, or taking care of your herd are much more enjoyable. You probably don’t climb up into the cab of your tractor each morning...
How New Construction Tax Deductions Can Save You Big Money This Year
As 2022 wraps up, we want to help our clients find ways to save on their taxes. We believe you deserve to keep as much of your hard-earned money as possible! One of the industries that we work with a lot, construction, is in a great position to save quite a bit on...
What Is Unearned Income? (Plus 3 More Important Questions About Kids & Taxes)
After our last post on “Understanding The Kiddie Tax (And 2 Good Ways to Avoid It)”, we realize that many of you may have a lot more questions…such as “what is unearned income?” So in this post, we’ll do some Q&A on the topic of minors and taxes. What Is...
Understanding The Kiddie Tax (And 2 Good Ways to Avoid It)
Your child may be too young to drive, vote, drink, or serve in the military. But that doesn’t mean the IRS isn’t paying attention. We all understand that taxes are taken out of a regular paycheck if they are working a traditional job that involves a W-2. However, if...