Discover four essential tax strategies from an expert CPA that can save small business owners thousands.
Author Archives: Ken Rogers
Don’t Panic, Prepare: Why LGBTQ+ Couples Need Paperwork
With uncertainty around marriage equality, LGBTQ+ couples can protect their futures effectively through legal documents and financial planning.
Turn Family Dinners into Tax Deductions
Turn Family Dinners into Tax Deductions: The Board Meeting Strategy Every Business Owner Needs.
SALT Workaround Explained: 5 Must-Know Tax Secrets for Business Owners
The SALT deduction cap forces business owners to pay tax on their taxes—but there’s a workaround. Discover how the SALT workaround works, who qualifies, key deadlines, and why proactive planning can save entrepreneurs thousands in federal taxes.
LLC Setup Guide: Top Mistakes & How to Fix Them
Master your LLC setup! Learn the top mistakes small business owners make, from registered agent errors to tax issues, and how to fix them.
Revamp Your Business Structure: Take Control of Growth and Strategy
With recent tax law changes shifting how different entities are taxed, reviewing your business structure now is essential to make sure you’re not missing out on savings or exposing yourself to unnecessary risk. Choosing the right entity could dramatically impact taxes, liability, and opportunity.
Why Filing an Extension Might Be the Smartest Move You Make This Year
Filing a tax extension isn’t procrastination—it’s strategy. Discover how extensions can maximize deductions, reduce errors, improve cash flow, and unlock powerful tax-saving opportunities for business owners and individuals.
Why the new rules on overtime and tips credits don’t help New York business owners
We have been getting a lot of calls from clients asking if we can change there payroll to pay them overtime or tips so they can earn tax free income under the new tax law.
The short answer is no. Here is why the new rules on overtime and tips credits don’t help business owners
Trusts: What They Are and What They’re Not
At its core, a trust is an estate planning tool, not a tax loophole. It’s a legal arrangement where one person (the trustee) holds and manages assets on behalf of another (the beneficiary). Trusts can be used to control how and when your assets are distributed, avoid probate, protect privacy, and provide for minor children or family members with special needs.
Is the temporary increase in the CAP from $10,000 to $40,000 going to reduce your taxes?
The SALT CAP deduction has been getting a lot of airtime. Is the temporary increase in the CAP from $10,000 to $40,000 going to reduce your taxes? The short answer is it depends.