If you own a small business, you'll have to deal with tax matters every year. For this reason, it may be a good idea to utilize tax planning services from an accountant. Here are several ways they'll benefit from this part of running a small business in any sector. Recommend Software to Keep Track of Deductions Regardless of what type of small business you run, there will be deductions you can claim to bring down your tax bill each year.
2 May 2023
A 1031 exchange is a way for real estate investors to delay paying taxes on the profits from selling a property. They have to buy a similar property with the money they made from selling the first. Both the sold property and the bought one have to be for business or investing purposes. They also have to be "like-kind," meaning they're similar in some way even if not perfectly the same.
5 January 2023