- 10 Ways to Improve Profits in the Coming Year
- For most companies, increasing revenue and profit margins is a goal. Yet, there’s strong competition in most sectors. Here’s a look at ways you can boost your profit margins without having to invest heavily.
- Don't Overlook Tax Credits
- Tax credits are a tax benefit that offsets your actual tax liability, as opposed to a tax deduction, which reduces your income. Congress provides tax credits to individual taxpayers for a number of reasons, including as a form of assistance for lower-income taxpayers, to stimulate employment, and to stimulate certain investments, among other things.
- Year-end Tax Planning: Have You Ever Thought About Pre-paying Your State Income and Property Taxes?
- Doing so may save you tax if you are able to itemize deductions on your federal return. Learn more.
- Expecting Your Taxable Income to Be Low This Year? You Can Take Advantage of It
- If your taxable income is exceptionally low this year, or even if you expect not to be required to file a tax return this year, a number of tax opportunities may be available to you. But time is running short, since these opportunities will require action on your part before year’s end.
- Meals & Entertainment Expenses Post Tax Reform
- The tax reform act imposed a number of restrictions on food and beverage expenses as explained below. Learn more.