by Wayne Belisle | Dec 26, 2022 | Income Taxes, Tax Tip of The Week
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...
by Wayne Belisle | Dec 12, 2022 | Income Taxes, Tax Tip of The Week
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...
by Wayne Belisle | Apr 18, 2022 | Tax Tip of The Week
B Each year during tax season, the casual business owner hires a top-notch tax preparer, shows up at their office with a stack of records, and then expects a nice surprise when they receive their tax return. When they quickly realize that their tax liability is much...
by Wayne Belisle | Feb 7, 2022 | Income Taxes, Tax Tip of The Week
If you’re a small business owner, it’s practically certain that you’ve been affected by the COVID-19 pandemic. It’s likely that you took out PPP loans, and odds are you will need guidance not just with understanding the laws themselves, but how these laws have...
by | Feb 4, 2021 | Profit Maximizer Moment, Tax Tip of The Week
The new law passed in Late December of 2020 created the possibility to get both the PPP loan and the Employee Retention Credit at the same time. It also extended and expanded the credit into 2021. This can equal a large credit which will reduce your payroll taxes...
by | Aug 31, 2020 | Profit Maximizer Moment, Tax Tip of The Week
Under President Trump's Executive Order, Starting 09/01/20 Social Security taxes will be deferred for the rest of 2020. So how should employers implement this order.
