Tax season is fast approaching. And if you are like most small business owners, you probably haven’t started preparing your taxes yet. It’s hard to keep up with the many details involved, especially if you’re a one-person operation.  This blog will look at different tips for small business owners like yourself to keep organized during…

E-file is an electronic version of the paper-based filing process. It is a process of submitting the tax return or tax documents to the government electronically. This is an important process that needs to be performed by all small businesses especially when they want to seek tax deferrals or deductions. This can save them up…

Although it is possible to do your own taxes, many people don’t have the time to research the best tax deductions and credits, along with the various tax rates in their state. If you want to save money on taxes, then you should consider getting a tax preparation service that will do all the research…

While tax filing and tax compliance might seem the same, they are not. Tax compliance refers to the act of following the tax laws of your country. Tax filing is a more specific act of reporting your income and filing your taxes based on that. This blog post on tax compliance will look at the…

If you are not careful with your finances, you could end up in serious debt. Here’s why you need to be careful with your money and how to avoid getting into debt. With the current economic climate, more and more people are finding themselves in a vulnerable position. If you have never been in a…

When you are in a conventional job, taxes either get taken out of your paycheck or you do them yourself once a year. But what do you do if you’re a freelancer and you’re responsible for your own tax payments?  Taxes are a vital part of every country’s economy and they need to be paid….

Paying taxes is something that’s unavoidable and while you may not want to pay them, you certainly should. Tax is a measure of how you were doing as a company during the year and is a benchmark used to determine future investment and other decisions. This blog will look at seven reasons why you need…

The biggest mistake small business owners make is not having a tax plan. You do not always know what to expect from the government, but you can prepare yourself by having a tax plan.  This blog will look at the 5 biggest tax mistakes that individuals make and what you can do to avoid them….

It can be really easy to make careless mistakes when it comes to your accounting. Most accountants are booked up for the entire year and the workload can be pretty hefty for a new accountant. In fact, the workload can be so overwhelming that it is easy to make mistakes.  In this blog, we will…

Many people look to invest in real estate but do not know where to start. There are many different ways that you can invest in real estate and one of the most popular ways is to buy a rental property.  With the internet, you can manage that property from afar, but there are a lot…