As a small business owner, navigating the labyrinth of taxation can be daunting, but with the right approach, it can also be an opportunity. There are numerous tax-saving strategies available to small businesses, but many owners may not know where to start. Let’s demystify this process with some essential strategies that can help you, a… Continue reading Maximizing Tax Savings: Essential Strategies for Small Businesses
Category: Taxes
Changes For 2022 Taxes, Business & Personal
Happy Tax Season! If you’re preparing to file your taxes for 2022, you’ve come to the right place. Tax Season is in full swing here at the William Rogers Company. We love helping businesses and individuals understand exactly how they can minimize their taxes and maximize their returns. In 2022, several significant changes to tax… Continue reading Changes For 2022 Taxes, Business & Personal
Preparing Your Personal And Business Taxes for 2022 Filings
It’s our favorite time of the year here at the William Rogers Company – tax season! While most people dread doing their taxes, we consider it an excellent opportunity to understand your personal and business finances. It’s also a chance to minimize your tax burden and maximize your return. 2022 Federal Tax Return Deadline is… Continue reading Preparing Your Personal And Business Taxes for 2022 Filings
Tax Rules for Hybrid Travel
Wondering about combining business and leisure on your next getaway? Tax rules for hybrid travel can help you achieve the benefits of claiming business expenses while also enjoying some personal downtime while away. The term “bleisure” was widely adopted and used prior to COVID-19 but has suffered since with the lack of travel. Many millennials… Continue reading Tax Rules for Hybrid Travel
Cryptocurrency Taxes and Your Business
If it hasn’t happened yet, rest assured that it will. Sooner or later, a customer will want to pay you in cryptocurrency, or an employee is going to ask to be paid in Bitcoin or some other cryptocurrency. If like many southern California small business owners, you haven’t completely wrapped your head around crypto and… Continue reading Cryptocurrency Taxes and Your Business
Did You Trade Cryptocurrency in 2021? If So, You May Owe Tax
Whether you are involved in cryptocurrency or not, it is certainly part of our current financial environment and one we need to consider in our business and personal transactions today. Before jumping into cryptocurrency, be sure to do your due diligence as there’s a great deal to learn about it. Check these facts about crypto:… Continue reading Did You Trade Cryptocurrency in 2021? If So, You May Owe Tax
Tax Write-Offs For Self-Employed: Don’t Forget These!
Are you among the roughly 16 million Americans who are self-employed? Surprisingly, according to a Dartmouth survey, 70.8% of Americans say they would prefer to be self-employed, yet only about 7% are. While there are advantages, particularly in personal freedom and direction, there are daunting challenges working for yourself. The pressure is always on to… Continue reading Tax Write-Offs For Self-Employed: Don’t Forget These!
2021 Tax Time Services: Individuals, Trusts, and Business
It is tax time again, and you may have noticed we have made some big changes. Sterling Tax Group is now part of William Rogers Company, known as Sterling Tax Advisors. We specialize in servicing the tax needs of Individuals and Trusts. Business Entities work with ASCEND Business Advisory, a business division of William Rogers Company.… Continue reading 2021 Tax Time Services: Individuals, Trusts, and Business
Your 2021 Year-End Checklist: Strategy, Taxes, and More
Year-end has always been a hectic and sometimes chaotic time for businesses large and small. In the second year of a pandemic, we witnessed a shift in the global economy, crazy consumer demands, and a damaged supply chain. It would be easy to overlook the reviews and planning necessary to prepare for 2022. As a… Continue reading Your 2021 Year-End Checklist: Strategy, Taxes, and More
Booking Business Travel Again? Know Your Deductions
The travel industry in general and airlines specifically took a massive hit during the COVID-19 pandemic. With major cities in lockdown and strict restrictions on hotels and restaurants, “business travel” was accomplished virtually on smartphones or laptops. Now that vaccines have allowed a loosening of restrictions, traditional business travel is once again an option. Among… Continue reading Booking Business Travel Again? Know Your Deductions