Small Business Taxpayers: The Year in Review

by | Dec 1, 2021 | News

Here’s what business owners need to know about tax changes for 2021. Standard Mileage Rates The standard mileage rate in 2021 is 56 cents per business mile driven. Health Care Tax Credit for Small Businesses Small business employers who pay at least half the...

End-of-Year Tax Planning Strategies for Businesses

by | Nov 2, 2020 | News

Several end-of-year tax planning strategies are available to business owners that can be used to reduce their tax liability. Let’s take a look: Deferring Income Businesses using the cash method of accounting can defer income into 2021 by delaying end-of-year...
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