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Five Tax Strategies Retirees Should Consider Before Dec. 31

CPA Practice

Beach, EA, CFP, AWMA, Kiplinger Consumer News Service (TNS) For me, the dread of tax season truly arrives when I start receiving 1099s, W-2s, 1098s, etc., It’s time to gather everything, fill out a painful spreadsheet and write a check to my CPA. A tax puzzle emerges with, sometimes, very favorable, or very unfavorable, results.

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Now the Profession Is Losing Experienced Accountants Too

Going Concern

That last one was the first sign a shortage was coming down the road, mentioned here by the Illinois CPA Society back in 2017: An impending mass exodus of CPAs over the next 15 years is the most obvious contributor to shrinking CPA numbers. So that’s where we’re at.

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Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

Filing taxes as a small business owner can be complex, with numerous factors to consider. From tax law revisions to the overwhelming number of forms, understanding your small business tax rate and how to file can be difficult. Your business entity type and preferred filing status will also affect your tax rate.

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How to Lower Your Taxable Income and Pay Less in Taxes

xendoo

If you’re wondering how to pay less in taxes, you’re not alone. Everyone—from individuals to business owners—wants to know how to lower their taxes. Tax laws are complicated and they can change each year. Our tax accountants know all the tax breaks for business owners and how to leverage them.

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