by Folasade Ayegbusi | Mar 11, 2021 | Accounting
Why do you need an accountant? According to the 2019 Onpay Small Business Finance and HR Report, just 30 percent of small business owners work with accountants. This number means that a staggering 70 percent make their own financial statements and all the other...
by Folasade Ayegbusi | Mar 3, 2021 | Tax
Benefits of an S-Corp and Benefits of a partnership When paying an annual business return, your corporation status or the type of business you run plays a huge role. Some business owners pay double taxes, and some can pass their income to shareholders, who then pay...
by Folasade Ayegbusi | Feb 18, 2021 | Tax
How to Prepare your 2020 taxes | Tax Preparation Ways and Services The 2020 tax season recently started, and suddenly, you are asking how to prepare your 2020 taxes. To be honest, such a question should have been asked at the beginning of the 2020 tax year. That is,...
by Folasade Ayegbusi | Feb 12, 2021 | Tax
What is the importance of tax planning? We definitely cannot speak about a proactive tax strategy without mentioning tax planning. This is because whatever tax strategy you implement results from a tax plan that your tax professional presented. Therefore, tax planning...
by Folasade Ayegbusi | Feb 4, 2021 | Tax
What Are The Proven Tax Tips For 2021 Tax Season The 2021 tax season will have surprises and mistakes too, especially for individuals and small businesses without a tax professional. There are just plenty of reasons to believe so. For example, COVID-19 relief measures...
