How Can Business Owners Lower Last Year’s Tax Bill?

How Can Business Owners Lower Last Year’s Tax Bill?

Good news! Business taxpayers may still be able to take actions to lower their federal income tax liabilities for 2020, as well as for future years. Consider these ideas before you file last year’s return. Claim 100% First-Year Bonus Depreciation — Or Maybe Not For...
The Six Most Overlooked Tax Deductions

The Six Most Overlooked Tax Deductions

Who among us wants to pay the IRS more taxes than we have to? While few may raise their hands, Americans regularly overpay because they fail to take all eligible tax deductions. The following provides a quick look at the six most overlooked opportunities to manage...