article thumbnail

A Beginner’s Guide to Small Business Tax Deductions

inDinero Tax Tips

Tracking expenses and claiming all of the small business tax deductions you’re eligible for can add up to substantial savings, especially for start-ups that reinvest aggressively as they scale. Table of Contents What Is a Small Business Tax Deduction and How Does It Work? What small business tax deductions are there?

article thumbnail

Withum Names Nineteen New Partners 

Withum

The accomplishments of each individual are evidence of a larger trend—that of professionals going above and beyond, never ceasing to learn, create and innovate to better the future of our Firm and the entire accounting industry. Kevin Lin is an expert in tax strategies and tax planning for businesses and high-net-worth individuals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The New Year Brings Fresh Uncertainty for U.S. Business Tax Professionals

ThomsonReuters

Business Tax Professionals. The tax rules and regulations U.S. The proposals we’ll likely see in a Democratic Senate scenario are going to be in the nature of revenue-raising provisions in bills that target their other policy priorities, like healthcare, rather than a large tax reform package like the TCJA.”.

article thumbnail

Why Hiring a Tax Pro Boosts Your Small Business (and Saves You Money)

MyIRSRelief

Navigating complex tax codes, understanding specific forms like 1120, 1120S, and 1065, and ensuring compliance can feel like deciphering ancient scrolls. Here’s where a qualified business tax professional becomes your secret weapon. This article dives deep into the critical role of tax professionals for small businesses.

Tax 130
article thumbnail

Los Angeles Business Bookkeeping Services – Choosing the right firm

MyIRSRelief

Bookkeeping is a very important part of any business and unless you have a dedicated department to handle yours, you should consider hiring an outside tax/accounting firm. Top 5 Reasons to hire a tax/accounting firm to service your businesses bookkeeping needs.

article thumbnail

Coronavirus Aid Relief and Economic Security (CARES) Act for Dentists

DentalAccounting

The Coronavirus Aid, Relief and Economic Security Act (CARES Act or Act), which includes cash payments to taxpayers, expanded unemployment insurance, increased funding for healthcare providers, small business loans, and tax relief to businesses. The Act is the third bill from Congress in response to the COVID-19 pandemic.

CPA 100
article thumbnail

Accounting for Startups

inDinero Accounting

Table of Contents What Makes Accounting Services for Startups Different? Why Is Accounting Important for Startups? However, a lack of accounting experience and knowledge can be a hindrance, especially for startups which need to be agile and primed for rapid growth. What Makes Accounting Services for Startups Different?

Account 52