by Mike Jesowshek, CPA | Sep 27, 2023 | Accounting, Management, Money, Small Business, Tax-planning strategy, Taxes, W2
One thing I am continually seeing in both our Free Facebook Group and Tax Minimization Program is confusion around business vehicles. Lets take the time here to outline the things you need to know! We are going to go through a series of decisions you will make when...
by Mike Jesowshek, CPA | Sep 26, 2023 | Accounting, Management, Money, Small Business, Tax-planning strategy, Taxes, W2
Depreciation… one word that can make a business owner (and even many accountants) cringe. However, understanding it and how to implement it correctly in your business can make a big impact. That is exactly what I will be talking about here. What Is Depreciation?...
by Mike Jesowshek, CPA | Sep 14, 2023 | Accounting, Management, Money, Small Business, Tax-planning strategy, Taxes, W2
Do you use your home for business events such as shareholder meetings, team retreats, client meetings, employee meetings, etc? If so, this is one tax strategy you definitely want to be check out! The 14 Day Home Rental / Augusta Rule is a piece of the tax code that...
by Mike Jesowshek, CPA | Sep 10, 2023 | Accounting, Management, Money, Small Business, Tax-planning strategy, Taxes, W2
Parents need to be aware of the Kiddie Tax, a provision that was instituted in the United States to prevent parents from taking advantage of their children’s tax-free status. The tax affects minors’ unearned income and can have significant financial consequences...
