by breithornstage | Nov 9, 2021 | Uncategorized
As an entrepreneur, you tend to be the one who wears all the hats. You are the admin. You are the bookkeeper. You are the dishwasher. You are the CEO, the President, and the manager. You are the one slaving away after the kids are in bed and much later than anyone...
by breithornstage | Nov 9, 2021 | Uncategorized
Do you own a small business?Do you run your own business?Are you a solo entrepreneur? If you are any of the above, it is imperative that you connect with an accountant or tax advisor to do tax planning and year end planning in November and December every year. This...
by breithornstage | Nov 9, 2021 | Uncategorized
If you’re not sure of the difference between tax planning and tax preparation, you’re not alone. Tax compliance is simply gathering your W-2s, 1099 statements and handing them to your accountant for tax preparation services. However, this is just tax compliance –...
by breithornstage | Nov 9, 2021 | Uncategorized
Do you know what the difference between a 1099 and a W2 is? 1099 Contractor When you work for yourself by yourself and on your own schedule, you are a contractor with the 1099. A 1099 gives you the total amount that you have been paid during the year as a gross...
by breithornstage | Sep 28, 2021 | Uncategorized
I saved my client $20k in interest and penalties and another $40k in taxes! IRS audits are scary. Even if you did nothing wrong, other than use H&R Block – like my client – who did the year before he came to me. That was the year the IRS decided to audit....
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