Overlooked Tax Deductions for Small Businesses

Tax deductions can make all the difference when it comes to saving money for your small business. Here are some of the most overlooked tax deductions for small businesses. Startup Expenses Deduction It’s possible that you could deduct your startup expenses for...

Top Business Tax Deductions

When you own your own business, you know how important it is to get as many tax deductions as possible. That’s why we’ve created a list of the top 7 business tax deductions to save you the most money. Home Office Deduction If you work from a home office or...

A Brief History of Taxes in America

“Taxes are what we pay for a civilized society.” Oliver Wendell Holmes As long as people have been forming communities, people have been paying taxes. In fact, taxes are an essential component of any thriving civilization. Taxes provide the lifeblood of any developed...

What do Taxes do for me?

No one likes paying taxes, but it is not like we have an option. Well, we could just not pay… go off the grid, live in the mountains, and grow our own food, but this is not a viable option for most but, everyone has to do it anyway. So if we have to pay we might as...

The Importance of planning ahead for a successful tax season

For a lot of people, April 15th is a day filled with more fear and anxiety than Friday the 13th, April fool’s Day and Halloween combined. When you know a big tax bill is coming it is difficult to think about anything else. Our taxes go towards paying for all sorts of...

Tax Time Stress and how to manage

Tax time can be very stressful and not just for the people preparing the returns. Positive coping mechanisms are one method that people use to deal with the increased tax time stress. According to the Mayo Clinic, stress can effect you in the following ways:...