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
Tag: business 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
Business Tax Ramifications From COVID Relief Measures
Has your small business taken advantage of one or more of the COVID-19 relief programs authorized by the American Rescue Plan for 2021? If so, you need to be aware of your potential tax liability for federal and state taxes. 2020 and 2021 were not typical tax years thanks to the trillions pumped into the… Continue reading Business Tax Ramifications From COVID Relief Measures
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
COVID-19 And Your Business Tax Returns (Tax Year 2020)
The global COVID-19 pandemic sent the entire world into an economic crisis. Some small businesses are feeling the effects of this more than others, but all US small businesses need to understand how the pandemic and resulting legislation might impact their 2021 business taxes for the 2020 tax year. How New COVID Laws May Affect… Continue reading COVID-19 And Your Business Tax Returns (Tax Year 2020)
5 Tips in Preparing For Your 2018 Business Taxes
As if taxes aren’t scary and complicated enough, we now have a brand new tax law to learn. As 2018 comes to a close, there are things you can do to plan for your 2018 taxes and potentially save your business tons of cash and yourself some headaches. Here are 5 tips in preparing for… Continue reading 5 Tips in Preparing For Your 2018 Business Taxes