by Janet Kanan, EA | Feb 3, 2022 | Tax
If you operate a business, or you’re starting a new one, you know you need to keep records of your income and expenses. Specifically, you should carefully record your expenses in order to claim all of the tax deductions to which you’re entitled. And you want to make...
by Brian Hare, CPA, CGMA | Jan 27, 2022 | Tax
While some businesses have closed since the start of the COVID-19 crisis, many new ventures have launched. Entrepreneurs have cited a number of reasons why they decided to start a business in the midst of a pandemic. For example, they had more time, wanted to take...
by Paula Kennedy, EA | Nov 13, 2020 | Tax
If you invest in mutual fund shares, be aware of some potential pitfalls involved in buying and selling. Surprise sales You may already have made taxable “sales” of part of your mutual fund investment without knowing it. One way this can happen is if your mutual fund...
by Brian Hare, CPA, CGMA | Jun 23, 2020 | Business
If you operate a small business, or you’re starting a new one, you probably know you need to keep business records of your income and expenses. In particular, you should carefully record your expenses in order to claim the full amount of the tax deductions to which...