by Jonathan Bill | Sep 27, 2023 | Small Business
As the owner of a small business, you have two basic options for how to pay yourself: Drawing money from your business bank account or paying yourself a regular salary. But beyond that, it gets a bit complicated. Some business entity types have restrictions on how...
by Jonathan Bill | Aug 21, 2023 | GA Taxes
As the new school year kicks off, it’s worth noting that there is a federal tax deduction for teachers and other education professionals who incur out-of-pocket classroom expenses. The deduction is for up to $300 in 2023, the same amount as in 2022. In the future, the...
by Jonathan Bill | Jul 27, 2023 | Biz Taxes
If you’re a small business owner, there are some tax advantages you might be unaware of that can lower the overall tax bill for your family, if you decide to employ family members in the business. It’s commonplace for multiple family members to work in a small...
by Jonathan Bill | Jul 11, 2023 | Retirement
A lot of people are not putting enough away for retirement. Numerous studies bear this out. For example, 55% of Americans are behind on saving for their golden years, according to reporting from CNBC. A National Institutes of Health paper says research suggests...
by Jonathan Bill | Jun 8, 2023 | Biz Taxes
Now that tax season has come and gone (unless you filed an extension), it’s a good time to assess the amount of income tax withheld from your paycheck. In fact, any time there is a major change in your overall tax situation, withholding amounts should be examined. For...
