I asked ChapGPT for 3 easy tips that small businesses can use for 2023 to reduce their taxes.
Let’s see what it came up with. Do you agree with these tips?
#TaxTipTuesday #TaxTwitter
3 easy ways for small businesses to save on taxes in 2023 Read More »
Did the 2021 winter storm get you thinking about being better prepared for the next one? If so, make your list now of items you’ll need and be prepared for the Texas Sales Tax Holiday for emergency preparation supplies. The sales tax holiday will run from 12:01 a.m. on Saturday, April 24, 2021, through midnight
Sales Tax Free Holiday In Texas For Emergency Supplies Read More »
Last year there was a big dust up in the tax world when ProPublica published a number of articles showing how the Free File option for American taxpayers is being hidden in a concerted effort to trick the taxpayers into paying for a similar product. Due to this revelation, the IRS and the tax preparation
When Free File isn’t Free Read More »
Every year the IRS releases inflation adjustments to amounts used in tax policy. One of these adjustments is the amount that can be contributed to retirement savings accounts. Here is your comparison of contribution amounts to your retirement accounts for 2019 and 2020. For more details on these saving accounts and amounts, visit the IRS
IRS increases retirement savings contribution limits for 2020 Read More »
Well, today’s Thanksgiving and our turkey is in the smoker and our stuffing is in the oven. While we’re getting our dinner ready (it’s an all day affair), we periodically take breaks to skim through the advertisements that were included in the paper today. When you put them all together, they’re bigger than the whole
Black Friday Shopping Tips Read More »
I love October. It’s the kick-off to the holiday season, there’s still enough time left in the year to make course corrections in my annual goals, and the world turns burnt orange. Business owners can use this time to evaluate where they are and what more they want to accomplish before the year is over.
The business owner’s October checklist Read More »
The start of a new school year is always an optimistic time for me. I remember being excited about the new classes and overly motivated to organize and be prepared. That motivation usually lapsed by October, but you get the drift. Use this initial motivation to get financially organized before you get too busy.
3 Financial Tips & 1 Tax Tip for College Students Read More »
Schools are starting across the country and this weeks marks the start of the 2018 Fall semester at the University of Texas at Austin. If you’re a student going off to any school, you’ve hopefully secured your housing arrangements, registered for classes and purchased your books and supplies. One question you might be having is whether any of these expenses are deductible. Here’s the skinny on these expenses and how they affect yours (or your parents) taxes.
College is expensive but tax credits can help Read More »
It’s hot outside. Like, really, really hot outside. I know it gets hot every summer, but every time the heat comes around it seems like we’re always surprised at how hot it gets. The other surprise comes when we get our utility bills during these hot periods. Use these tips to keep your utility bills under control.
Money saving tips during the long hot summer Read More »