Author: Mike Sweeney

Small business tax credits can significantly reduce your tax liability and free up capital for growth. By taking advantage of these credits, you can reduce your tax liability and reinvest in your business. Learn how to claim these credits and boost your bottom line…

• Tax Credits

Being organized with your tax documents can save you plenty of time and keep your stress levels down. When it’s tax season, you’ll know exactly where everything is and you won’t have to go on a scavenger hunt to find what you need…

• Preparation

Choosing the right business structure, optimizing deductions, leveraging Section 179, and meticulous record-keeping are crucial tax strategies for startups. Effective tax planning saves money and prevents legal issues, ensuring more funds for business reinvestment…

• Tax Credits

Customer loyalty is crucial for business growth, leading to repeat purchases and referrals. Build solid loyalty through personalized experiences, loyalty programs, and exceptional customer service. Keep customers engaged and collect feedback for continuous improvement…

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Knowing how to resolve disputes is key to saving time and money for small businesses. Handling disputes quickly can spare stress and maintain relationships. Common disputes include partnership issues, breaches of contract, and employee disagreements. Proactive steps and early resolution methods can often avoid costly litigation…

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Developing a budget provides clarity on your financial situation and spending habits. Recognize all income streams for precise financial preparation. Keep a record of fixed and variable costs to monitor your spending. Establish explicit financial objectives to direct your business expansion…

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The Employee Retention Credit (ERC) is a significant tax relief tool for businesses impacted by COVID-19. Discover insights on eligibility, compliance, and application processes, and learn how the right advisor can maximize your benefits…

• Tax Credits

The ERC moratorium will stay in place until at least September 2023. The IRS is concentrating on reviewing and processing current ERC claims during this period. Businesses can still seek advice from tax professionals to determine their ERC eligibility…

• Tax Credits

ERC compliance is crucial for businesses to ensure they are adhering to regulations and avoiding potential penalties. Proper documentation and adherence to guidelines can prevent legal issues and promote a smooth operation. Getting professional help can make the process easier and more accurate…

• Preparation

The IRS has halted new ERC claims processing as of September 14, 2023, to manage current volumes and ensure compliance. This guide explains what it means for businesses, how to ensure compliance, and the importance of working with a tax professional…

• Qualifications