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Blogs: LLC and Business Formation

Taxes May 16, 2024

Reducing Your Tax Bill: 16 Tax Deductions For Independent Contractors

Independent contractors are in charge of managing their business affairs, which includes tracking their income, expenses, and taxes. Unlike regular employees, who have taxes automatically withheld from their paychecks, independent contractors must set aside money for their tax obligations. Fortunately, there are several ways you can effectively reduce your tax bill. Below, we’ve enumerated the […]

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Business Funding Tips May 15, 2024

Seven Common Requirements For A Business Loan

Getting financing is one of the major challenges an entrepreneur faces. Whether for launching a new startup or expanding a growing venture, securing capital can be difficult, especially when you don’t know where to start. Fortunately, you can get financing for your business in different ways, one of which is through a business loan. Business […]

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Finance May 14, 2024

LLCs vs. Trusts: Which is Better For Real Estate Investors?

That said, understanding the difference between the two is crucial to making the right choice. Below, we’ll discuss which is best for your real estate investments: LLCs or Trusts? Understanding The Difference Between LLCs and Trusts There are distinct differences between LLCs and trusts. An LLC is a distinct business entity typically formed to protect […]

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Legal May 10, 2024

Audit Representation: What It’s All About & How to Benefit From It

What Is Audit Representation? Audit representation refers to hiring a qualified professional, such as a tax attorney, certified public accountant (CPA), or enrolled agent, to advocate for a taxpayer during an audit. It is usually conducted by the Internal Revenue Service (IRS). The representative acts as a liaison between the taxpayer and the auditing authority, […]

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Taxes May 8, 2024

Do I need a CPA?

About the Video The talk revolves around why it’s crucial for business owners to bring a Certified Public Accountant (CPA) on board when tackling taxes. The discussion really hones in on the perks of having a pro on your team, helping you maximize your earnings each year. The conversation touches upon the peace of mind […]

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