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It’s Not Too Late to Make an IRA Contribution
Generally, you can contribute up to $6,000 of your earnings for the tax year 2019 (up to $7,000 if you are age 50 or older in 2019). You can fund a traditional IRA, a Roth IRA (if you qualify), or both, but your total contributions cannot be more than these amounts.
The Nonprofit – How Not To Lose Your 501(c)(3) tax-exempt status
Once an organization receives tax-exempt status from the IRS, there are certain requirements that must be adhered to in order to maintain tax-exempt status.
What’s New for the 2020 Tax Filing Season
While the 2020 tax filing season promises to be less confusing than 2019, there are still a number of changes that taxpayers should be aware of.
Accounting Indicators To Watch When Scaling Your Business
When you’re considering scaling your business, much of the information you’ll see is about strategy. However, successful growth is more about managing your numbers effectively and planning for a sustainable scale
7 Common Accounting Problems Confronting Government Contractors – and How to Solve Them
The simple reality of government contracting is that the standard is higher than for businesses in the commercial market. And, the government has tightened up systems over recent years, to prove its efficiency in protecting taxpayer funds.
What Business Owners Need to Know about 2019 Tax Changes
The 2019 Tax Changes include standard mileage rates, health care tax credit, Section 179 Expensing and Depreciation, Work Opportunity Tax Credit and IRA Contributions. Read more about the specifics here.
How Do You Determine Marketing Spend from a Marketing Investment?
Differentiating marketing investments from marketing spend can help you make decisions about which areas should be cut when margins are less than desirable.
It’s Never too Early to Plan Your Exit Strategy
An exit strategy doesn’t have to invoke negative feelings at all. Instead, it can help you cement and realize your vision for your business better.
5 Items to Review When Generating a QuickBooks Profit and Loss Report
QuickBooks allows you to generate a profit and loss statement with a single click, but that doesn’t mean it’s ready to use.
Profits vs. Profitability: Why You Need to Track Profit Margins
Many businesses obsess so much over increased sales that they forget about the importance of trimming the fat, and end up actually reducing profitability.
