Summary of top 10 tax law changes affecting individuals and businesses, including deductions and credits.
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Tax implications of selling a home with a home office, including capital gains and expense deductions.
Empowering insights on determining your worth and how it influences your business pricing strategies.
A CPA’s guide to pricing photography services, including cost analysis and market rate considerations.
Introduction to cash flow planning in business, highlighting its importance for managing finances effectively.
Defining amortization in finance, its application to loans and assets, and its impact on financial statements.
Comparing cash vs. accrual accounting methods and helping you decide which is best for your business.
Guide on how to depreciate a fixed asset, including methods, schedules, and impact on business taxes.
The IRS telephone number is 1-800-829-1040, and they are available from 7 a.m. – 7 p.m. Monday thru Friday. The best time to call is early in the morning. Once you’ve set your language, do NOT choose Option 1 (regarding refund info). Choose option 2 for Personal Income Tax instead. Next, press 1 for form, tax history, or payment. Next, press 3 for all other questions. Next, press 2 for all other questions. When the system asks you to enter your SSN or EIN to access your account information, do NOT enter anything. Finally, press 2 for personal or individual tax questions. The system should then transfer you to an agent.
Debunking five common money myths that could be hindering your business’s financial growth and success.