For years, real estate has been one of the most popular investment options—and for good reason. Rental properties, specifically, have the potential to not only generate significant income but also provide all kinds of tax benefits. Whether you’re a current real estate...
Do you want to save as much money as possible on your income taxes this year? Of course, you do! Many people assume that they can’t save very much on their taxes if they don’t own a business or property. While it’s true that those without businesses or rental...
As a business owner, you should be in the business of making a profit. Of course, one of the best ways to increase your profits is to reduce your tax bill. Fortunately, there are hundreds of ways for businesses to achieve this. Follow these 31 essential tax tips to...
With the corporate tax filing extension deadline having passed and a new tax planning season just around the corner, it’s time for all business owners to start thinking about how they can pay less taxes this year. The truth is that very few business owners do very...
Once your business grows to the point where you can no longer do everything by yourself, strong management skills are what separates a highly profitable business from the pack. Unfortunately, most business owners aren’t formally trained in how to properly manage a...
I’m constantly giving business owners tips on how to increase their profits. Once they understand that it’s time to take action, however, many of them ask the same question: “Well, where do I start?” And it’s an excellent question. What’s the right way to go about...
One trend that I’ve noticed with my client base over the past few years is that businesses are either enjoying immense success or just barely surviving. Those in the middle are merely passing through on their way towards success or elimination. I don’t believe that...
Starting a small business allows the business owner to pursue the American dream, support their family, and provide employees with paying jobs. At the same time, there are sure to be all kinds of mistakes, failures, and learning lessons that a first-time business...
Do you want to increase your business’s profits this year? Of course you do! But here’s the thing — you don’t simply stumble on higher profits. If it were that easy, every business would be profitable! Instead, you must be intentional about growing your company’s...
In March 2020, the U.S. government passed the CARES act — a bill designed to provide financial aid to millions of Americans and small businesses during the COVID-19 pandemic. The two most notable programs to come from this bill were the Payment Protection Program...