by Mike Jesowshek, CPA | Aug 26, 2024 | Accounting, Business, IRS, Management, Money, Real Estate, Small Business, Tax-planning strategy, Taxes
For whatever reason there is a lot of confusion among business owners around the home office. From what I understand, accountants often times tell business owners that the home office is an IRS red flag and to avoid it. We are going to set the record straight here and...
by Mike Jesowshek, CPA | Aug 7, 2024 | Accounting, Business, Small Business, Tax-planning strategy, Taxes
The Work Opportunity Tax Credit (WOTC) is a valuable tax incentive for small business owners who hire individuals from certain targeted groups that face significant barriers to employment. This federal tax credit is designed to encourage workplace diversity and...
by Mike Jesowshek, CPA | Jun 12, 2024 | Accounting, Business, IRS, Management, Money, Real Estate, Small Business, Tax-planning strategy, Taxes
On this Podcast we answer listener questions! If you have a question you would like discussed on a future episode, submit it now! Go to www.TaxSavingsPodcsat.com Click Podcast Scroll to the Bottom and Submit Your Question You never know, your question may be on the...
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...
