Tax Articles

Leasing vs. Buying a Car

Knowing the tricks makes you a better decision-maker There are many reasons for you to lease a car versus buy a car, but too often it is the auto dealer’s profit motive that determines which method you use rather than what’s best for your budget and lifestyle. To help you make an informed decision, here are some things to consider: When to lease You want a car with lower down payments and monthly costs. You don’t

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4 Key Metrics to Fortify Your Business

Even the best, well-prepared business plans can unravel quickly without a process in place to evaluate performance. Creating a scorecard with quality metrics can give you the daily insight you need to successfully run a business without drowning in the details. Create a scorecard that works An effective scorecard gives you a holistic view of the state of your business in one report. The report consists of key financial and non-financial metrics to provide a daily

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This month:

April 15: – Individual tax returns due – C corporation tax returns due – First-quarter 2019 estimated tax due – Six-month filing extension – 2018 gift taxes – 2018 IRA contributions – 2018 HSA contributions

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7 Secrets to Amazon Success

With 6 million buyers visiting Amazon every day, it is tempting for a small business to explore listing their products to take advantage of this sales channel. However, it is not for the faint of heart. Here are seven secrets to a great selling experience:

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Candyland Getting Stale? Try These Board Games

Board games offer a great way to unplug and spend time with family and friends. Thanks to a rise in popularity over the last few years, the options available to you are endless. If you are looking to branch out from the classic games like Monopoly or Clue, here are some excellent games to try:

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Businesses: File on Time or Pay the Price!

March 15 is the tax-filing due date for the calendar year S-corporations and partnerships. While this filing deadline does not require making a tax payment, missing the due date could cost you a hefty penalty. The penalty The penalty is calculated based on each partial month the tax return is late multiplied by each shareholder or partner. So a tax return filed 17 days late with no tax due could cost a married couple who jointly

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Oh No! Your Tax Refund is Now a Bill

If you are anticipating a nice refund this year, it may be a good idea to prepare yourself for a possible letdown. Many taxpayers will receive a smaller-than-expected refund and might even owe taxes to be paid by April 15. If this happens to you, here are some of the likely reasons:

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This month:

March 15: Due date for partnership and S corporation tax returns (Forms 1065, 1120S) Reminders: – Daylight saving time begins Sunday, March 10 Tax season is in full swing. Early reports from the IRS indicate that, on average, refund amounts are down compared to last year. If this is you, the first article lays out some reasons for the change. This issue also includes a warning to business owners to file their taxes on time, tips

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