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Depreciation for Small Business Owners

What small business owners should know about the depreciation of property deduction Depreciation is an annual tax deduction that allows small businesses to recover the cost or other basis of certain property over the time they use the property. It...

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TURBOTAX VS TAX PREPARATION SERVICES

Intuit Corporation, whose stock symbol NASDAQ: INTU maker of Turbotax and QuickBooks have perhaps the best software on the market. They are the market leader. Approximately four (4) million people use Turbotax to prepare their Income Tax Returns....

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Upcoming Tax Deadlines

November DAY 02 Certain Small Employers - Certain small employers. Deposit any undeposited tax if your tax liability is $2,500 or more for 2020 but less than $2,500 for the third quarter. 02 Employers - Federal unemployment tax. Deposit the...

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“The hardest thing in the world to understand is income tax.” Albert Einstein

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