Depreciating Rental and Commercial Properties

When you own rental property, depreciation is your best friend. One reason depreciation is so valuable is that, unlike deductible rental property expenses such as interest and maintenance, you get to claim depreciation year after year without having to pay anything beyond your original investment in the property.

The Deductions Small Business Owners Often Miss

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...

We want to do more for you than simply prepare your taxes.

Have you been wondering if you’ve been paying too much tax? Not enough? Perhaps you are interested in ways to lower your tax liability throughout the year? Every tax situation is different and tax planning is never a one size fits all exercise. Tax planning goes...

The number one expense you pay throughout your lifetime is…

…you guessed it: TAXES. The number one expense you pay throughout your lifetime is taxes. Especially if you’re a small business owner or self-employed individual. Luckily, small business owners have the unique advantage of having many tax planning...

Tax Filing Extension Deadline is Approaching

Those who filed an extension for their personal tax returns have until 10/17/2022 to file their 2021 tax return.  No need to wait until the last minute! Filing before the extension deadline can avoid a major headache in trying to squeak in before the last bell, will...