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If you’re a U.S. based small business owner, you might already have heard about double taxation: when the same income is taxed once at corporate level, and then again at an individual level when the distribution of profits as dividends takes place. A significant concern for owners of C-Corporations in particular, this situation can quickly become a financial burden and impact a company’s ability to grow and reinvest profits. However,… Read More

If you’re looking for a new hire that will help your small business grow and develop, you’ll likely need to offer them a position – and a salary – that meets their own needs for growth and development. Salary is a significant factor for the majority of job seekers, but aside from knowing that you must pay new hires in accordance with the latest wage and hour laws – which… Read More

If you’re a business owner who has never used the professional services of a tax preparer, you might well wonder how much they charge, how long the work typically takes them, and ultimately, whether they are worth the investment. While the short answer is: yes, they are definitely worth the investment, it can be helpful to know a little more about what you can expect from them. More than simply… Read More

To keep your small business compliant with government regulations, as well as financially stable, getting to grips with your tax obligations is essential. While dealing with these is best left to the professionals, if you’re currently in a position where taxes are your domain, understanding your tax obligations and streamlining the way in which you handle them, can help you make the very best decisions for the future of your… Read More

Even if you’re already working with an accountant, it can still be helpful for you, as the owner of the business, to have an understanding of your company’s financial records, and what it takes to ensure that they’re always up-to-date and accurate. With this in mind, here are some expert tips and best practices for achieving accurate and complete financial records, all year-round: One of the first things an accounting… Read More

Preparing and filing taxes as a small business owner is a fraction of what’s required every year for companies to remain competitive. Making the most of tax credits and deductions, as well as filing accurate and timely taxes, is only possible with strategic tax planning that takes place all year-round, and ideally, with help from an accounting in Miami tax specialist. Here’s how your small business can get ahead with… Read More