Happy New Year
A new year symbolizes a fresh new start. We create personal goals to help us eat healthier, exercise more, and improve our spending habits. Many
January 5, 2021
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A new year symbolizes a fresh new start. We create personal goals to help us eat healthier, exercise more, and improve our spending habits. Many
Selecting an entity type can be confusing. The following is a brief summary of how income from a partnership may be taxed. Since no two
The president has declared a federal disaster area in Tennessee. The disaster is due to severe storms, tornadoes and flooding, which began on March 3,
Hiring family members One of the advantages of someone running their own business is hiring family members, which can provide a deduction for compensation paid.
Businesses generally can deduct the entire cost of operating a vehicle for business purposes. Alternatively, they can use the business standard mileage rate, subject to
Non-corporate taxpayers may deduct up to 20 percent of domestic qualified business income from a partnership, S corporation, or sole proprietorship. (Code Sec. 199A deduction) A
A glance into the processes of starting a business in Tennessee: We see people every month, if not every week, starting a new business. In
Many taxpayers every year run out of time before the deadline in April to file their taxes on time. This extension of time to file
Beginning in 2018, you can save more for a child’s education as a result of changes to qualified tuition programs (529 plans). You can use
Individuals If you pay quarterly estimates, pay the 3rd quarterly estimate by using 1040-ES or logging into the IRS’ website and pay by September 15th.
