by Mike Jesowshek, CPA | Jun 5, 2024 | Accounting, Management, Small Business, Tax-planning strategy, Taxes
The Qualified Business Income (QBI) deduction, also known as the Section 199A deduction, introduced by the Tax Cuts and Jobs Act (TCJA) in 2017, has been a significant tool for small business owners, including sole proprietors, partnerships, S corporations, and some...
by Mike Jesowshek, CPA | May 22, 2024 | Accounting, Business, IRS, Management, Money, Real Estate, Small Business, Tax-planning strategy, Taxes
As a small business owner, understanding how to fully leverage tax deductions can significantly reduce your taxable income and enhance your financial efficiency. One of the most practical yet often underutilized deductions is for business-related meal expenses. Here’s...
by Mike Jesowshek, CPA | Apr 24, 2024 | Accounting, Business, IRS, Management, Money, Real Estate, Small Business, Tax-planning strategy, Taxes
When it comes to retirement planning for small business owners there are a lot of options available which can be confusing. There is no one strategy that is perfect for everyone so our goal here is to give you an overview of what’s available to help you make a...
by Mike Jesowshek, CPA | Apr 10, 2024 | Accounting, Business, IRS, Management, Money, Real Estate, Small Business, Tax-planning strategy, Taxes
Lets be honest, entrepreneurs are always thinking about new ideas. This is why you often see successful business owners have many different businesses often times even in completely different industries. A question that comes up often in our Free Facebook Group stems...
