Financial scares in your auto repair business can be far more terrifying than any haunted house or fright fest you’re attending this year – especially when it comes to quarterly taxes. Unlike annual taxes, quarterly taxes require you to pay estimated taxes throughout the year. This helps ensure that the IRS receives the full amount […]
The official tax deadline is creeping closer and closer. All payments must be submitted by April 15th – which is just days away. This applies to all tax payers, even if you’ve filed for an extension deadline. In this blog, we’re sharing a few last-minute tax tips to help you sail through the remainder of […]
The Inflation Reduction Act of 2022 was signed into law with the goal of addressing economic challenges and encouraging businesses and homeowners to adopt more “green” energy practices. With this bill comes an important provision: the Home Energy Efficient Tax Credit. This credit incentivizes homeowners to make energy-efficient improvements to their homes. In this blog […]
Tax season is just around the corner, and for many, this time of year can be both daunting and overwhelming. However, with the proper planning and organization, you can take on tax season with confidence! This blog post will serve as your comprehensive guide to tax season preparation, outlining the key steps you need to […]
We’ve talked about how important accurate and timely financial records are, but these are also critical if you ever get audited or sued. These financial records are also an IRS requirement. Let’s take a look at which records you’re required to keep, how long you should keep them and to make sure you don’t loose […]
