Last Minute End of the Year Tax Tips

Are you one of those people who waits until the very last minute? Here are some end of the year tax tips just for you! Don’t bury your head in the sand. If you feel overwhelmed, the last thing you want to do is bury your head in the sand. At Havig Tax &...

Seven Reasons Why Bookkeeping is Important

Seven Reasons why Bookkeeping is Important for your Small Business Bookkeeping helps you budget for your small business, prepare for tax returns, stay organized, and so much more. It’s something you shouldn’t avoid if you want to keep your finances in check and to...

Helpful Tax Tips for Contractors

Helpful Tax Tips for Self-Employed Contractors There are a lot of perks to being a self-employed contractor! You get to choose the jobs you want to work on, make your own schedule, hire your own sub-contractors, and more. However, being self-employed comes with new...

Taxes and Investor Properties

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...

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.

Happy Entrepreneurship Day!

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...