by Chris Giorgio | Startup Business, Tax Strategy
According to the IRS, taxpayers left 1.3 billion dollars of unclaimed tax money on the table in 2021. That’s money that could be used to funnel back into your small business. As the end of the year approaches, it’s important to consider how much you can save simply by...
by Chris Giorgio | eCommerce Accounting, Tax Strategy
E-commerce companies face numerous tax deductions that can be beneficial in a rapidly changing tax environment. Since the Supreme Court’s South Dakota vs. Wayfair decision, 43 states now tax e-commerce sales, and the industry must prepare for further tax nexus...
by Chris Giorgio | Accounting, Tax Strategy
In the wake of the COVID-19 pandemic, federal and state deficits have surged to unpredicted levels. Given this scenario, tax efficiency is going to more crucial than ever. Taxes for wealthy individuals are expected to increase in the upcoming years, especially for...
by Chris Giorgio | Accounting, Tax Strategy
Taxes are an unavoidable obligation that must be fulfilled each year. Preparing for it ahead of time makes it easy to file while procrastinating makes the process a lot more complicated. So, we would suggest start preparing now or at least stay up-to-date with tax...
by Chris Giorgio | Accounting, Tax Strategy
If you don’t plan in advance, then the process can get very tedious and painful. Having the necessary documents and data pre-organized is necessary, or else you will experience a lot of trouble when calculating your taxes. What’s worse is that you may even end up...
by Chris Giorgio | Accounting, Tax Strategy
Proper tax preparation can make tax season a lot less complicated and help you file your federal tax return well before the tax deadline. We suggest preparing for tax season as early as possible and staying up-to-date with tax regulations, especially because they...
