We all know that the deadline to file annual taxes is April 15th. It comes around each and every year along with, for many, a scramble at the last minute to prepare and file. Whether you are working on your personal income taxes or taxes for a business, tax planning is a huge part of tax preparation that can have a significant impact on the annual process. Tax planning requires that you take a step back from the push to meet the April 15th deadline and think about your income
We all know that as we turn the page to a new year, tax day is on the horizon. Pretty soon, by the end of January in fact, you will start getting tax documents in the mail….your W-2, 1099s, as well as other important documentation about retirement interest and investment income. As these electronic and paper documents begin to pile up, take a minute to start a file so that you put them all in one place and save yourself time when April rolls around. If you start a 2020 tax file
It’s no secret that it has been a tough year for so many, particularly related to finances. As another tax year comes to an end, here are a few tips that you can complete now that will save you some money later. If you have any questions feel free to give us a call at (763) 325-4400.
As we head to the end of another year, it is time to turn attention to annual tax preparation. If you have not thought about your taxes since you filed, last year, you are not alone. It is very common for individuals to dread doing their taxes. It can cause a lot of undue stress as you worry about the possibility of owing the IRS and/or the tedious process
2020 has been a year like no other. The pandemic has impacted many businesses and many individuals have lost jobs as businesses closed their doors temporarily or longer. Individual and business finances are understandably up in the air as well. Now is also the time to think about the end of the tax year and to position yourself as strong as possible for your 2020 tax return.
Now that things are clearer regarding the election
There are so many details when it comes to running the daily operations of a business. As your business grows, the responsibility increases, and the endless tasks can be overwhelming. As a business owner or a manager, you may need to begin thinking about how to delegate different tasks so that you can continue to focus on future growth and business development. Bookkeeping is one task that can be easily outsourced — giving you much needed relief and saving