Taxes

Business Owner

What Does the Inflation Reduction Act Mean for Your Business?

You may have heard of the Inflation Reduction Act, which was recently passed. As with most government bills, there‚Äôs quite a bit in it (more than I can wrap my head around), but with different tidbits floating around, you might be wondering what it means for your business. On the tax side, there were a …

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Tax Write-Offs

Five Common Tax Deductions for Small Business Owners

As a small business owner, you might wonder what expenses are deductible for tax purposes. One of the many advantages of having up-to-date and accurate bookkeeping records, is that your tax professional will be able to determine what is deductible, by looking through your accounting software. So, which expenses are deductible? As a general rule, …

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