Archives for April 2018

We all know that the overall goal of planning our taxes, is to pay the minimum amount that we are legally required to, but if you’re a business owner, be warned that any actions you take to reduce your taxes, will have effect upon the book value of your assets. It’s important that you think long and hard about what might be best for your business in the long term,… Read More

If you’re a first-time tax filer, in some ways life will be made easier as young adults are less likely to have complex financial circumstances that would result in hundreds of pages of tax documentation, but it can still be a stressful, time consuming period in life.  So, here are a few commonly asked questions and tax filing tips for students and young adults who may be filing their for… Read More

For your small business to succeed, it’s essential that you use tax planning strategies to lessen the amount of money that you need to pay to the IRS. Below are some simple tax planning strategies that you should be utilising, and for more detailed strategies, it’s best to seek professional help in the of a tax planning and preparation specialist: Make good use of expenses: Offsetting your small businesses income… Read More

The role of an Enrolled Agent can be confusing to many, and as a result, some small business owners may not fully understand how an EA can help with their taxes and hence are unsure as to whether they would benefit from their services. Here are Enrolled Agents in a little more detail: What is an Enrolled Agent? EA’s are tax professionals that are similar in many ways to CPA’s… Read More

For owners of businesses large and small, employing the services of a tax planner is often considered, and there are many good reasons for this. But first, let’s begin by looking at exactly what role a tax planner fulfils: What is a tax planner? A tax planner is a qualified and professional individual who meets you ahead of tax filing time, to help develop plans and strategies to minimize your… Read More

If you own a business, large or small, you’ll be only to aware of the fact that taxes play a huge role in the future of your company and are a year-round consideration. Planning is key to ensuring that you don’t make any mistakes when it comes to paying your taxes and in maximising your deductions, and a tax preparer is the perfect person to help you with this. Below… Read More