Rental Property Tax Essentials: Top Tips & Updates for 2024 You Need to Know
In our comprehensive series on rental properties and taxes, we covered a wide range of topics to help real estate investors maximize their tax savings and boost their investment returns. If you missed any part of that series or need a refresher, you can access our Ultimate Guide to Real Estate Taxes here! Here we are go […]
What Options Do I Have To Pay For My Tax Bill?
Before we get too deep into this article, we want to break it into two parts. Those that can afford and want to pay their tax bill in full. Those that cannot afford to pay their tax bill. Lets start with those that have the money to pay for the tax bill right away! How […]
What Do I Need To Know About Tax Extensions?
We are getting close to that time of the year where a tax extension is going to be important to think about. There is so much misinformation about tax extensions out there so we want to take the time know to smooth out the details. What Does a Tax Extension Even Mean? Lets answer the […]
Understanding Foreign Income: A Guide for Business Owners
In an increasingly global economy, it’s not uncommon for business owners to engage in transactions that cross international borders. Whether it’s through remote services, overseas sales, or international partnerships, foreign income can become a significant part of a business’s revenue stream. However, this income comes with its own set of tax implications that must be […]
Listener Q&A with Mike Jesowshek CPA (2/14/2024)
On this Podcast we answer listener questions! If you have a question you would like discussed on a future episode, submit it now! Go to www.TaxSavingsPodcsat.com Click Podcast Scroll to the Bottom and Submit Your Question You never know, your question may be on the next Q&A session. Below are today’s questions, tune into our Podcast to […]
How Can I Lower My Tax Bill After Year-End?
If you have been listening to our Podcast or following our Blog for awhile you will know that we stress the importance of tax planning throughout the year and NOT during tax season. The fact remains true that if you are looking for and thinking about tax strategies now (in tax season) for last year […]
Sales Tax Simplified: 3 Key Questions to Unravel Your Small Business Tax Obligations
Sales Tax – Those two words may have just given you anxiety. There are three critical components and questions to ask when it comes to sales tax. Do you have nexus? Is what you sell or provide taxable? How do you sell your product or service? Getting your clients compliant with every state sales tax law is […]
Sales Tax Simplified: 3 Key Questions to Unravel Your Small Business Tax Obligations
Sales Tax – Those two words may have just given you anxiety. There are three critical components and questions to ask when it comes to sales tax. Do you have nexus? Is what you sell or provide taxable? How do you sell your product or service? Getting your clients compliant with every state sales tax law […]
Decoding The Tax Puzzle: Understanding Married Filing Separately
Married couples have the option to file their taxes jointly or separately. While the majority of couples choose to file jointly, there are circumstances where filing separately may be beneficial. However, this decision should not be taken lightly as it can have significant implications on your tax liability. This article will delve into the reasons […]
Planning Ahead: The Undeniable Importance of Tax Planning Over Preparation for Business Owners
For many entrepreneurs, taxes constitute a challenging and often intimidating subject. While the majority tend to focus on tax preparation – the process of compiling and submitting tax returns – an approach that can have a much more profound impact on your business’s financial health is tax planning. Tax planning is a proactive strategy aimed […]