Running a small business is no small feat, and neither is taking care of your employees. With the recent changes introduced by the SECURE 2.0 Act, small businesses that offer qualified retirement plans, such as 401(k)s, may now be eligible for several tax credits that can significantly offset the costs associated with launching and maintaining these plans. Curious to learn how you can take advantage of these changes? Let’s explore… Read more
Tax season is stressful. You have to make sure you’ve got all your documents in order and that everything is filed on time. You also need to double check that the numbers you have are correct, and if they’re not then it can be a real headache. Given how stressful tax time can be, keeping everything together can help you navigate tax season much more easily. Here are some benefits… Read more
Tax deductions help offset travel expenses for business travellers. Learn about some key deductions for business trips before you hit the road. What to know about tax deductions for business travel If you are traveling for business purposes away from your main workplace or home, you may be eligible for business travel deductions. However, your travel expenses must be reasonable and essential for business purposes, and not extravagant, or for… Read more