by Folasade Ayegbusi | Apr 29, 2022 | Accounting, Tax
6 Things to Use to Measure Your Financial Literacy Financial literacy is a growing subject worldwide, and for a good reason. It is the panacea for poverty in previously sidelined communities. Gone are the days of waiting for reparations alone without the financial...
by Folasade Ayegbusi | Apr 21, 2022 | Tax
Virginia Enacts New Pass-Through Entity Tax Legislation: What does this mean? How are pass-through entities taxed? A pass-through entity (PTE) is a status that a business chooses for tax purposes. Therefore, a business elects to be taxed as a PTE. However, not every...
by Jaymar Villamor | Apr 15, 2022 | Tax
Can you Mix Business and Pleasure When Traveling? Several small business owners ask if they can travel for personal reasons and deduct the costs as business expenses. If travel is entirely for personal, it cannot be deducted. Travel should be proven to be for business...
by Folasade Ayegbusi | Apr 8, 2022 | Tax
Boost For Savings Plans as New Retirement Bill Clears House A new retirement bill received an overwhelming 414-5 bipartisan vote on March 29 in the House of Representatives. If it clears Senate and is approved by President Biden, this bill will usher in retirement...
by Folasade Ayegbusi | Apr 1, 2022 | Tax
What Steps Should You Take to Improve Your Taxes Next year? You could be a single mom, single dad, or head of household who paid your first taxes this year. You could be a new business owner who also filed their first business return in 2022. Or you are like the...
