Tax

Tax season can be a stressful time for insurance agencies, but with the right approach, it doesn’t have to be. Staying compliant with state and federal tax laws while maximizing deductions...

Tax

Save Money and Stay Compliant: The Benefits of an Accountable Plan

Tax

Tax time can be daunting, especially for insurance agents juggling various income sources and deductions. Tax filing is about reporting what you earn and making the most of deductions to...

Tax Industry News

As we step into 2024, business owners face a new compliance obligation - the Beneficial Ownership Information (BOI) report. This requirement stems from the Corporate Transparency Act,...

Tax Industry News

That sound you heard yesterday was the sigh of relief from tax professionals everywhere when the IRS announced their latest update on the Employee Retention Tax Credit (ERC or ERTC) as...

Tax

When you're running a small business, every dollar counts. It's always a good idea to pay close attention to the deductions you can take on your tax return. As a small business owner, you...

Tax

Taking a vacation is one of the best things you can do for yourself. It’s a chance to get away from the usual routine and unwind, plus it’s often an opportunity to recharge and rejuvenate...

Tax

Are you thinking about purchasing a vehicle for your business? If so, the IRS Section 179 deduction might be able to help. Here are four things you need to know about Section 179 and how it...

Tax

For many people, working from home isn't a choice but a necessity. Fortunately, if you're self-employed and have a home office (and you meet certain requirements), there are deductions that...