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...
by Mike Jesowshek, CPA | Aug 30, 2023 | Accounting, Management, Money, Small Business, Tax-planning strategy, Taxes, W2
We are always talking about business owners and what tax strategies are available to them but I wanted to take a week off and talk about W2 employees. What tax strategies are available for W2 employees? One thing to note is that for the most part, all of...
by Mike Jesowshek, CPA | Aug 23, 2023 | Accounting, Management, Small Business, Tax-planning strategy, Taxes
In the world of small business, the idea of hiring your spouse might be appealing. It’s a decision that has far-reaching implications, and often times people jump to it or avoid it without thinking about the tax impact. In this blog post, we’ll explore the...
by Mike Jesowshek, CPA | Aug 2, 2023 | Accounting, Management, Real State, Small Business, Tax-planning strategy, Taxes
In our comprehensive series on rental properties and taxes, we covered a wide range of topics to help real estate investors maximize their tax savings and boost their investment returns. If you missed any part of that series or need a refresher, you can access our...
by Mike Jesowshek, CPA | Jul 26, 2023 | Accounting, Management, Small Business, Tax-planning strategy, Taxes
There is a chance that this is the first time you heard of this “Corporate Transparency Act”. Soon it will affect nearly all business owners around the country and we want to ensure you are up to speed so you can be prepared and have it on your radar. We...
