Tax Benefits of Hiring Family Members

by Laurie Roach | Nov 23, 2023

Take Advantage of These Tips During Tax Time If you own a small business, hiring a family member is the same as hiring any other person — with a couple of important exceptions. When you employ your children or even your parents, you might be eligible for significant...

Tips for Lowering Commercial Property Taxes

by Laurie Roach | Oct 26, 2023

Keep More Money For Your Business A net effect of the pandemic has been large increases in property value, including commercial spaces. While an increase in commercial property value can be a big win for your business, it also carries the burden of higher commercial...

Common Accounting Mistakes That Small Businesses Make

by Laurie Roach | May 31, 2023

Small Mistakes Can Mean Big Trouble Managing the way money flows into and out of your business is critical to set yourself up for long-term success. If your books aren’t balanced and in check, it can create financial and legal problems that may derail your momentum...

Tax Implications of Incorporating Your Business

by Laurie Roach | Apr 24, 2023

A Closer Look at the Tax Rules and Requirements You’ll Need to Know About Once Your Business Becomes a Corporation Incorporation is a serious step, and it comes with major implications for every aspect of your business — including the taxes you pay. Here’s a closer...

Understanding the Section 179 Deduction

by Laurie Roach | Jan 25, 2023

This Tax Deduction is an Important Tool for Small Businesses The Section 179 tax deduction is an important tool for small businesses. Instead of buying eligible business equipment and spreading out tax deductions for it over a period of years based on depreciation,...