Taxes and Investor Properties

Nov 28, 2022 | Business Startup, Business Taxes, Partnerships & LLC’s, Personal Taxes, S Corporations, Small Businesses, Sole Proprietorships, Tax & Accounting Services, Tax Code, Tax Consulting, Tax Laws, Tax Planning, Tax Returns

If you buy a property, fix it up, and then sell it, is that property a dealer or an investor property?   The distinction is important because investors pay capital gains tax on the income, dealers pay ordinary income tax rates.   Here are five thoughts on...

There’s Still Time to Claim Your Employee Retention Credit!

Nov 17, 2022 | Business Entities, Business Startup, Business Taxes, Corporations, Partnerships & LLC’s, Payroll, S Corporations, Small Businesses, Tax & Accounting Services, Tax Code, Tax Consulting, Tax Laws, Tax Planning

There’s Still Time to Claim Your Employee Retention Credit!   Did your business retain employees throughout the pandemic of 2020 and 2021? If so, you might be eligible for the Employee Retention Tax Credit. The Employee Retention Tax Credit is a refundable...

Happy Entrepreneurship Day!

Nov 15, 2022 | Bookkeeping, Business Entities, Business Startup, Business Taxes, C Corporations, Corporations, Partnerships & LLC’s, S Corporations, Small Businesses, Sole Proprietorships, Tax & Accounting Services, Tax Consulting, Tax Laws, Tax Planning

Happy Entrepreneurship Day!   Happy #EntrepreneurshipDay to all the small business owners out there! No matter how big or small your dreams are, we love being able to help you dream even BIGGER!   Here are five ways Havig Tax & Consulting can help you...

Top Tax Strategies for S Corps

Nov 1, 2022 | Bookkeeping, Business Entities, Business Startup, Business Taxes, Corporations, Partnerships & LLC’s, S Corporations, Small Businesses, Tax & Accounting Services, Tax Code, Tax Consulting, Tax Laws, Tax Planning

We’ve always got your back, so today we’d like to share with you our top ten strategies for S Corps! But BEWARE! These Strategies are high in savings, but not DIY. If you try these on your own, you may do them incorrectly and be stuck with an audit or penalties. Be sure to talk to a professional before implementing them.

Tips for How to Structure Your Business Entity

Oct 26, 2022 | Bookkeeping, Business Entities, Business Startup, Business Taxes, C Corporations, Corporations, Partnerships & LLC’s, S Corporations, Small Businesses, Sole Proprietorships, Tax & Accounting Services, Tax Code, Tax Consulting, Tax Laws, Tax Planning, Tax Returns

A business entity is an organization created by an individual or individuals to conduct business, engage in a trade, or partake in similar activities. A business’s entity type dictates both the structure and how that business is taxed. Here at Havig Tax &...

The Deductions Small Business Owners Often Miss

Oct 24, 2022 | Bookkeeping, Business Entities, Business Startup, Business Taxes, C Corporations, Corporations, Filing Taxes, Partnerships & LLC’s, Personal Taxes, S Corporations, Small Businesses, Sole Proprietorships, Tax & Accounting Services, Tax Code, Tax Consulting, Tax Laws, Tax Planning, Tax Returns

Your life as a small business owner is busy. Are you sure you’re getting all the credits and deductions that you’re entitled to? Here are a few examples of the deductions that small business owners often miss: Annual Meeting Expense (if your business is an...