Tax Tips for Small Businesses and Entrepreneurs

Tax Tips for Small Businesses and Entrepreneurs

Oh, the freedom that comes with being self-employed or owning a small business — except when it comes to tax time, and then that dream of being your own boss, often turns into a nightmare! But, it doesn’t have to be that way, if you just follow some of these simple tax tips for getting and staying organized.

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Personal Property Tax Deadlines Are Here!

Personal Property Tax Deadlines Are Here!

“Tax season” doesn’t only mean that it’s time to be aware of your income tax filing requirements. Florida residents need to know that their personal property tax deadlines are also here! This article explains what personal property tax is and who needs to file, and discusses real estate tax deadlines business owners need to be aware of.

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Is Your Business Prepared for a Cyber Attack?

Is Your Business Prepared for a Cyber Attack?

In light of recent warnings from the IRS about the significant increase of phishing scams, business owners should take a closer look at cybersecurity. Cybercriminals are constantly working to find new ways to deceive and trick others into falling victim to phishing emails.

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When Does Your Teen Have to Start Filing Taxes?

When Does Your Teen Have to Start Filing Taxes?

Tax preparation is a process in which teens should be actively involved. By understanding their tax obligations and the ins and outs of deductions and credits, they will be better prepared to make smart money moves as adults. This article discusses the legal requirements for when teens need to start reporting their income.

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Roth 401(k) Rollovers: Beware the 5 Year Rule

Roth 401(k) Rollovers: Beware the 5 Year Rule

An employer-sponsored 401(k) retirement plan is one of the easiest and most practical ways to build towards a secure retirement. This article explains the difference between the two types of 401k(s) – the traditional, tax-deferred version and the Roth 401(k) version) – and how not to be ensnared by the complexities of the “five year rule” when opting to rollover a Roth 401(k).

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7 Tax Mistakes Likely to Invite an Audit

7 Tax Mistakes Likely to Invite an Audit

The chances of getting audited are slim for most taxpayers, but that doesn’t deter many people from being terrified of the prospect. Due to random selection, there could be nothing in particular that causes an audit but there are several mistakes that taxpayers make that can land them in one. This article delves into seven tax blunders you want to avoid when filing your taxes.

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