Tax

Refinancing your home has many advantages. You may enjoy a lower interest rate, decrease your monthly payment, or have a shorter payoff term. You also may have the ability to cash out your equity and apply that money to home improvement projects.  What you may not have realized is that you could also be eligible…

How many of us have come up against the soaring rates of college tuition as we strive to match our academic skills with a budget friendly four-year university. Whether it’s you or your child, managing to pay for higher education is an ambitious endeavor, made even more challenging due to the staggering yearly increases in…

As a small business owner, do you pay vendors or contractors? Do you pay them more than $600 a year?  If the answer to both questions is yes, then you should become familiar with the 1099 tax form. What is a 1099 Form?  If in the past year, your business has paid any freelancers or…

If you’re like many other dental practice owners, you probably don’t have a huge profit margin. Most likely, you’re just getting by as you attempt to limit your equipment expenditures and contain your payroll costs, while providing exceptional oral health care for your patients.  In the meantime, it seems that taxes become an ever-increasing burden…

As a small business owner, you have, what seems at times, to be endless responsibilities. Among your main priorities are growing your business, managing inventory, overseeing product development, and engaging with customers.  So, you might think of doing your taxes as an annoying task that has to be done. You’d prefer to devote as little…

As a small business owner, you probably find paying taxes to be an impediment to keeping a healthy bottom line. It’s only natural to want to lower your tax burden as much as possible. You may be surprised to learn that there are actions you can take to reduce your business income tax so you…

As a small business owner, you no doubt feel the burden of your taxes are too high. Your tax liability takes away from the profit margin you heavily rely on to keep your company viable and competitive. So, when you hear about the alternative minimum tax, your mind probably goes blank in disbelief to learn…

If you own a new dental practice, you’ve likely incorporated your small business as a C-Corp by default. But is your dentistry business best served by a C Corp? The C-Corp is frequently an overlooked option for small business owners. Choosing to be a C-Corp business does offer some structural advantages not found with an…

If you are a small business owner, you may have  an ongoing challenge to stay on top of all your tax issues and responsibilities. Your schedule is constantly filled with duties related to running your business. But there could be serious consequences to your company – including financial repercussions – if you don’t file your…

As a small business owner, have you tallied all the miles that you drive on a weekly or even a daily basis to tend to the needs of your company? You would probably be surprised at how fast you could rack up hundreds of miles in a short period of time.  Think of all the…