When you’re running a small business, every tax advantage matters. One of the more strategic methods for reducing your taxable income is tax loss harvesting. While it’s typically associated with individual investors, small business owners—especially those with investment accounts or who actively manage portfolios—can also benefit from this tax strategy. In this post, we’ll explore…
Managing payroll is one of the most critical responsibilities for any small business owner. It’s not just about cutting checks—it involves accurately calculating wages, withholdings, and submitting payroll taxes to the right agencies on time. Unfortunately, even minor mistakes in payroll tax compliance can lead to major penalties, IRS audits, or legal trouble. The good…
Business travel is a necessary part of growth for many entrepreneurs, whether it’s attending conferences, meeting clients, scouting new locations, or conducting in-person team trainings. The good news? Many of those costs can be tax-deductible, helping you reduce your taxable income and reinvest more money back into your business. But not all travel expenses qualify,…
For small business owners, staying on top of tax deadlines and filing requirements is just as important as making sales or managing payroll. Miss a due date, and you could be hit with costly penalties and interest charges—not to mention the stress of dealing with the IRS. But with the right system and a solid…
When it comes to small business taxes, one size does not fit all. Each industry has its own income patterns, allowable deductions, and compliance challenges. Whether you’re a freelancer, retailer, restaurant owner, real estate investor, or service-based entrepreneur, knowing the industry-specific tax tips that apply to you can make a big difference in how much…
In today’s economy, reducing energy usage isn’t just good for the planet—it’s good for your bottom line. Small business owners looking to cut costs and increase sustainability can take advantage of a variety of energy efficiency tax incentives, rebates, and deductions. These financial tools reward businesses that invest in green technologies and energy-saving upgrades. Whether…
If you’re starting a business—or already running one as a sole proprietor—choosing the right legal structure is one of the most important financial decisions you’ll make. Two of the most popular options are the Limited Liability Company (LLC) and the S Corporation (S Corp). Both offer liability protection and tax advantages, but they differ significantly…
Receiving a letter from the IRS can be nerve-wracking, especially if it includes terms like “amount due,” “underreporting,” or “audit.” But before you panic, it’s essential to understand that not all IRS tax notices are bad news. Many are simply informational or request clarification. Still, IRS letters should never be ignored. Acting quickly and correctly…
Freelancing and independent contracting come with the freedom of being your boss, but they also bring new responsibilities, especially when it comes to paying taxes. Unlike traditional employees who have taxes withheld automatically from their paychecks, freelancers and contractors must calculate, report, and pay their taxes themselves, often before tax season even begins. This is…
Plan to Maximize Profit and Minimize Taxes Selling a business is a significant milestone—and a complex transaction that goes far beyond just finding a buyer and signing a contract. One of the most critical, and often overlooked, aspects of this process is understanding the tax consequences of the sale. Poor tax planning can turn a…
Choosing the Right Entity Can Save (or Cost) You Thousands When starting or growing a business, choosing the right legal structure is one of the most critical decisions you’ll make. Your business structure not only affects liability and management but also determines how your income is taxed. Whether you’re a sole proprietor, LLC, S corporation,…
Proven Ways to Reduce Your Tax Bill and Boost Financial Health As the end of the year approaches, small business owners and self-employed professionals should shift focus to one of the most valuable financial activities: tax planning. Thoughtful, proactive planning before December 31st can help reduce your taxable income, take advantage of deductions and credits,…
As a small business owner, you’re responsible for running operations, managing teams, and keeping a firm handle on your finances. One of the most important yet often misunderstood areas of business finance is taxation, particularly how tax brackets affect your income. Understanding the nuances of tax brackets can empower you to make smarter decisions, reduce your tax liability,…
When it comes to reducing your taxable income, depreciation deductions are one of the most powerful tools available to business owners. By depreciating business assets over time, you can recover part of the cost through annual tax deductions, ultimately lowering your tax liability and improving cash flow. In this blog post, we’ll cover how depreciation…
Tax compliance is essential for every business owner, but even the most organized entrepreneurs can sometimes miss a deadline or miscalculate a payment. When that happens, the IRS may impose penalties and interest—which can quickly add up and put pressure on your cash flow. The good news? With the right knowledge and strategy, you can…
As a business owner, your financial future depends on more than just the success of your company—it also hinges on how well you plan for retirement. Unlike traditional employees, entrepreneurs must take full responsibility for funding and managing their retirement. The good news? There are numerous tax-advantaged strategies available specifically for business owners that can…
The world of taxation is constantly evolving, shaped by technological advancements, regulatory changes, and global economic shifts. As governments seek new ways to enhance tax compliance and improve revenue collection, businesses and individuals must stay ahead of emerging trends. In this article, we explore the future of taxation, key trends to watch, and predictions on…
A tax audit is one of the most daunting experiences for any taxpayer. However, understanding why audits happen and how to prevent them can significantly reduce your chances of being selected. In this guide, we’ll cover everything you need to know about tax audits, including how to prevent them, prepare if you get selected, and…
Running a seasonal business comes with unique financial challenges, especially when it comes to tax planning. Whether you operate a summer resort, a holiday retail store, or a landscaping company, managing cash flow and tax obligations efficiently is crucial for long-term success. In this guide, we’ll explore key tax strategies that can help seasonal businesses…
Cryptocurrency Taxes Cryptocurrency has become a popular investment and payment method, but many investors and traders are unaware of the tax implications. Whether you’re buying, selling, mining, or earning crypto, the IRS considers cryptocurrency taxable. Failing to report your transactions properly can result in penalties and legal consequences. This guide covers everything you need to…
Healthcare Tax Insights for Small Business For small business owners, the intersection of healthcare and taxes can feel overwhelming. Between understanding regulations, managing costs, and ensuring compliance, the responsibilities can quickly pile up. At Tax Alternatives, we specialize in helping small business owners navigate these complexities, providing clarity and strategies to maximize benefits for your…
International Tax Compliance Strategies Operating an international business offers vast growth opportunities, including access to new markets and diverse customer bases. However, it also presents complex tax compliance challenges that require careful navigation. At Tax Alternatives, we specialize in helping businesses manage the intricacies of international taxation, ensuring compliance while optimizing financial outcomes. Here’s a…
Estate Planning and Taxation Estate planning is a critical step in securing your financial legacy and ensuring that your assets are distributed according to your wishes. While it may seem overwhelming, having a solid estate plan in place provides peace of mind and protects your loved ones from unnecessary legal and financial challenges. At Tax…
Employee Benefits Tax Implications Offering a comprehensive employee benefits package is a cornerstone of attracting and retaining top talent. Beyond this, it also plays a pivotal role in shaping an employer’s tax strategy. Understanding the tax implications of employee benefits is essential for maximizing savings, ensuring compliance, and enhancing employee satisfaction. At Tax Alternatives, we…
Real Estate Tax Strategies for Business Owners Real estate often represents a significant investment for businesses, providing opportunities for growth and long-term financial gain. However, managing the tax implications associated with business real estate can be challenging. From property taxes to capital gains and depreciation, understanding these factors is essential for maximizing financial benefits and…
Tax Benefits of Charitable Contributions Charitable giving allows you to support causes that matter to you while potentially reducing your tax burden. Understanding how to navigate the tax implications of charitable contributions can maximize these benefits, helping you make a positive impact both financially and philanthropically. At Tax Alternatives, we specialize in guiding clients through…
E-Commerce Tax Considerations E-commerce has revolutionized the retail industry, offering businesses unprecedented opportunities to connect with customers across the globe. However, this expanded reach also brings about a complex web of tax obligations that can be challenging for businesses to navigate. At Tax Alternatives, we specialize in helping e-commerce entrepreneurs understand and manage their tax…
Multi-state Tax Compliance Operating a business across multiple states presents unique challenges, especially in the area of managing state taxes. With each state implementing its rules for income, sales, and use taxes, staying compliant while optimizing your tax strategy can be a complex process. At Tax Alternatives, we specialize in helping businesses navigate these intricate…
Cash Flow Tax Management Effective cash flow management is vital to the financial health of any business. However, understanding the tax implications associated with cash flow can help businesses not only save significant amounts of money but also avoid legal pitfalls. At Tax Alternatives, we specialize in guiding businesses through the complexities of tax planning…
Business Tax Credits In the complex world of business finance, understanding how to leverage tax credits can significantly boost both growth and sustainability. Tax credits offer more than just a reduction in your overall tax liability; they provide opportunities to reinvest in your business, driving innovation, expansion, and long-term success. At Tax Alternatives, we are…
Tax Planning for Business Transactions Major business transactions, such as mergers, acquisitions, or the sale of significant assets, can dramatically reshape your company’s financial landscape. These transactions carry not only strategic importance but also complex tax considerations that can significantly impact your company’s financial health and long-term success. Effective tax planning is essential to minimizing…
Strategic Payroll Management Managing payroll is one of the most critical aspects of running a small business. It ensures your employees are paid accurately and on time, which in turn helps maintain high morale and productivity. Effective payroll management also ensures compliance with tax laws and financial regulations. At Tax Alternatives, we understand the challenges…
Audit-Proofing Your Business Running a business involves navigating numerous financial regulations and ensuring compliance with tax laws. One of the most critical aspects of maintaining this compliance is being prepared for potential audits. An audit can be a daunting experience, but with proper preparation and the right practices, you can make your business audit-proof. At…
Tax-Smart Retirement Planning for Small Business Owners Retirement planning is a crucial aspect of financial security, especially for small business owners. With the right strategies, you can not only save for your future but also take advantage of tax benefits that can maximize your retirement savings. Here are some tax-smart strategies for small business owners…
Startup Tax Mistakes Navigating the tax landscape can be a daunting challenge, especially for startups that are juggling countless priorities. At Tax Alternatives, we specialize in helping new businesses avoid common pitfalls that can lead to unnecessary stress and financial penalties. Here’s a guide to sidestepping frequent tax mistakes that startups make. 1. Not Keeping…
Impact of Tax Laws on Small Business Navigating tax laws can be one of the most challenging aspects of running a small business. Changes in tax regulations can significantly impact your financial planning, compliance obligations, and overall business strategy. At Tax Alternatives, we understand how daunting this can be, and we are here to help…
QuickBooks for Business QuickBooks is one of the leading accounting software choices for small to medium-sized businesses, offering a range of powerful tools to simplify finance management. Whether you’re just starting out or looking to streamline your current accounting practices, QuickBooks can provide the solutions you need to manage your finances more efficiently. At Tax…
Professional Tax Services Navigating the maze of tax laws and regulations can be a daunting task for individuals and businesses alike. With rules constantly changing and the risk of costly errors high, professional tax services offer a clear solution. At Tax Alternatives, we understand the complexities of tax preparation and planning, and we’re here to…
Tax Tips for Small Business Owners Starting a new business brings many challenges, and managing your taxes is one that can significantly impact your success. Navigating the tax landscape as a new small business owner can be daunting, but with the right information and strategies, you can avoid common pitfalls and potentially save money. Tax…
Preparing for Tax Season Tax season can be a source of stress for many, but with the right preparation, it doesn’t have to be. By taking a proactive approach to organize your documents and understanding the filing process, you can make tax season straightforward and stress-free. This guide will walk you through the essential steps…
Navigating the complex world of taxes is a critical task for entrepreneurs. Understanding what can and cannot be deducted from your taxes can significantly impact your business’s financial health. Here are essential tax write-offs that every entrepreneur should be aware of, potentially leading to substantial savings and smarter financial planning for your venture. Home Office…
Efficient Bookkeeping Practices Keeping accurate financial records is crucial for the success of any business, big or small. Efficient bookkeeping helps not only manage the company’s finances but also comply with legal obligations and make informed business decisions. If you’re new to the world of bookkeeping, this guide is designed to help you understand the…
Tax Implications for Home-Based Businesses Running a home-based business can offer flexibility and convenience, but it also introduces unique tax considerations. This post will outline key tax implications and strategies for home-based business owners, helping to ensure compliance and optimize tax positions. Home Office Deduction The home office deduction is a significant benefit for home-based…
Self-Employment Taxes Guide Self-employment offers the freedom to manage your work and creativity, but it also comes with the responsibility of understanding and navigating self-employment taxes. This post aims to demystify these obligations, providing you with the knowledge to manage your taxes efficiently. Understanding Self-Employment Taxes When you’re self-employed, you take on a dual role…
Small Business Tax Deductions As a small business owner, understanding and maximizing your tax deductions is critical for reducing tax liability and enhancing your company’s financial health. This blog post will explore effective strategies to identify and make the most of eligible deductions, ultimately helping you save money and invest more into your business. 1.…
For decades, the dedicated team of highly skilled and experienced tax experts here at Tax Alternatives has been providing high-quality Brentwood tax planning, preparation and filing services to our many valued clients in the Brentwood area including those clients in the many surrounding towns as well. Our highly skilled and experienced team of professionals takes…
The holidays are right around the corner which means lots and lots of hustle and bustle. The end of the year is in sight and the time to start thinking about the tax season is ahead as well. We would all agree that prepping for tax time can be one of the most challenging and…
There isn’t a small business owner out there who is not looking to enjoy a thriving small business that offers consistent growth and profits. Every business owner must pay taxes on all the profits they earn which is why we want to take this time to share some tips on how you can lower tax…
Every small business owner has a tax liability that is owed to the government based on income generated. There are so many laws with regards to exemptions, deductions, and credits making it more than a challenge for small business owners to handle. Yes, we would all agree that taxes can create stress and stress can…
Most people today find themselves relying upon online tax software programs such as Turbo Tax for the preparation of their taxes. Though these online programs can be extremely useful, they certainly lack the personal touch and experience of having tax professionals provide you with all your tax preparation services. Here at Tax Alternatives, our team…
Most small business owners will agree that taking on the challenge of running your own business can be extremely frustrating and overwhelming. There is a multitude of challenges with any small business and certainly having to manage your small business taxes proves to be anything but easy. From claiming employees to understanding deductibles, the challenges…
Small business owners have a plethora of responsibilities and tasks that they must give primary focus to each and every day. However, one such area that tends to challenge small business owners is that of understanding the small business taxes. Here at Tax Alternatives, we want to take this time to help our valued clients…
We would all agree that April Tax Day is one of the most dreaded days of the year. Those who are self-employed not only dread the April deadline but a variety of other deadlines throughout the year as well. When you are self-employed you are required to submit quarterly tax filings four times throughout the…
Having goals and strategies is good for everything in life, and that includes running your small business. Setting practical and productive goals along with healthy strategies and staying focused on them is a surefire tactic that can not only lead to business success but can also contribute, over time, to helping you decrease taxes your…
Being a small business owner certainly comes with a vast number of challenges. Long work hours and ongoing efforts and commitments are essential to the success of any small business. The tasks and challenges are many including managing office space, recruiting employees, and ensuring that all your taxes are filed properly and on time, just…
Every small business owner has their own unique business situation. What works for one small business owner to organize tax documents year-round may not work for another. However, with that said, the team here at Tax Alternatives wants to provide a simple starting point that you can modify to meet with your specific business needs…
Tax season comes every year and is a time of year that poses many challenges and hardships for individuals and businesses alike. With that said, the team of highly skilled and experienced tax specialists here at Tax Alternatives stands ready to meet all your tax preparation, filing and follow up needs. Our highly reputable Brentwood…
For every business owner, it is important to ensure that your financial records are accurate and reliable and that your company is tax compliant. In order to accomplish this very important task, the team here at Tax Alternatives wants to ensure that business owners understand the importance of internal accounting protocols and controls. We want…
Well, it is that time of year again when tax returns need to be prepared and filed. With the wide range of changes to the IRS tax rules and regulations this year, trust the professionals at Tax Alternatives who stand ready to provide you with the highest quality tax preparation and filing services. Our team…
Starting and running a small business is chock full of challenges and hurdles. There are so many components that make up a small business. Each component must be dealt with on a regular basis and dealt with properly and efficiently. One such component is that of understanding your small business taxes. Taxes of any kind…
Most small business owners will agree that owning a small business sure has its challenges. It can truly be near to impossible to handle all the daily tasks and responsibilities and still be able to put strategies in place to actually grow your business. Many successful small business owners have come to understand the importance…
If you are wondering whether or not you should file a small business tax extension, the quick, short answer would be no. Many small businesses find themselves consistently filing extensions year after year. This can prove to be far more expensive than paying taxes owed right out of the gate and on time. Truly filing…
Well, it is that time of year again when everyone has to file their individual and business tax returns. It’s definitely not anyone’s favorite time of year for a number of reasons. Every year there are a number of changes to the IRS tax rules and regulations. With that said, the team of professionals here…
For many small business owners, monthly bill paying can be a challenge they prefer not to be tasked with. Many individuals, when it comes to organizing and paying monthly bills, find themselves faced with not only a time-consuming task but a good deal of stress as well. That’s where the folks here at Tax Alternatives…
The end of the year is now upon us which means we it is almost time to complete your small business tax filings. For many small business owners, the upcoming tax season is sure to present a number of challenges, questions and concerns about tax preparation and filings. Most small business owners in the Brentwood…
For most small business owners, the biggest everyday challenge is finding ways to minimize overhead costs and expenses. There are a number of steps you can take to reduce expenses with outsourced payroll being one of the most beneficial. When it comes to your company payroll, the last thing you want to do is cut…
With the end of the year upon us, individuals and business owners alike need to start thinking about their 2022 tax filings. With the many changes in tax laws and rules this past year, the team here at Tax Alternatives stands ready to meet all your tax preparation needs. Our team of tax specialists is…
In today’s world, there are just not enough hours in the day to tackle all the endless tasks on your daily to do list. Many small business owners and individuals find that the entire concept of bill paying is not only stressful, but frustrating and time consuming as well. There is much that goes into…
As a small business owner, your day-to-day responsibilities are many. More times than not there are just not enough hours in the day to accomplish all that needs to be done. From bookkeeping, payroll and advertising to marketing, tax filings and growing your business, the tasks are endless. As a result of your countless responsibilities…
Though running a small business can be quite challenging, it can also be quite rewarding. When you are able to take a long time dream and turn it into a reality, what a joy that is. Being your own boss, making your own hours, and providing products or services that contribute to your community are…
Mistakes made by small business owners can, over time, lead to challenges and even disaster. Large corporations don’t have the same worries that small business owners have. They have all the capital they need to solve problems without the worry of having to shut down their businesses. Small business owners, even those that are growing…
Business owners are truly driven by ambition and owning a restaurant is no exception. However, when starting up your new restaurant it is important to make good decisions. Though choosing the best food vendors, selecting the most comfortable décor and atmosphere and hiring the most qualified employees is key to the successful restaurant business, hiring…
Outsourcing is an effective tool that can help your small business promote innovation, lower overhead costs and enhance business growth. Here at Tax Alternatives our Christian-based team of dedicated professionals takes tremendous pride in meeting the individual needs of all our valued Brentwood clients. We are on hand to provide you with all the small…
Most small business owners will agree that there just are not enough hours in their every day to accomplish the many tasks needed to grow their small business. Bookkeeping and accounting tasks tend to present with the greatest challenges. If you are a small business owner whose bookkeeping and accounting system is not fully functional…
Are you a small business owner faced with the challenge of performing your own, payroll, tax and bookkeeping services? If you answered yes, then surely you have come to the right place. Here at Tax Alternatives our highly trained and experienced team of specialists is fully licensed and certified to perform all the bookkeeping, payroll…
As a new small business owner one of the biggest challenges you may have right out of the gate is determining the ideal payroll schedule. To put your schedule on track you must consider a number of factors. From state regulations and overtime rules, to types of employees and cash flow the challenges and concerns…
Outsourcing services continue to be popular with many small business owners. In the business world outsourcing has surely made its presence known and it is not about to slow down anytime soon. Here at Tax Alternatives, we take tremendous pride in providing only the highest quality outsourced accounting services to all our valued clients. We…
As a result of the pandemic, most workplaces all across the globe found themselves revising their office and work strategies. In an effort to remain functioning, many companies moved to remote working models with only those who were extremely essential actually reporting to their workplaces. With the subsiding of the pandemic the big question now…
Prior to the 2020 pandemic, most businesses were very much against employees working remotely from home. The consensus was that employees cannot possibly be as productive when working from home than they are in an office environment. Though it is a perfect way to enhance an employee’s dedication and overall morale, working from home was…
As a small business owner, the tasks you must undertake each day are endless and your time well beyond premium. The last thing any small business owner wants to do is to find themselves buried in payroll paperwork and tasks week after week, month after month. To determine whether or not outsourced payroll is the…
Are you a small business owner who finds yourself in need of high-quality, affordable payroll services? If so, then rest assured you have come to the right place. The team of professionals here at Tax Alternatives stands ready to meet your every need. Our highly trained and skilled team of payroll specialists is licensed and…
As a small business owner, you have enough responsibilities and worries everyday without worrying about having to endure an IRS tax audit. Surely, an audit is the last thing that you want to find yourself faced with. A fear of missing receipts, inaccurate calculations, non-compliant bookkeeping and accounting procedures or entirely disorganized financial records is…
In today’s world, outsourcing has become a popular and successful business strategy for those business owners’ trying to combat the high costs of labor. Using a third-party service provider to handle specific business functions has proven to be the best way to go. Outsourcing services are very much a necessity for many small businesses today.…
Well, it’s that time again. Need help preparing and filing your small business taxes? Don’t fret. The pros here at Tax Alternatives are equipped and ready to help. Tax Season Can Certainly Be Taxing As a small business owner, you are already faced with countless responsibilities and challenges every day. With that said, adding on…
Spring is definitely a favorite time of year for so many people. From the longer days, blossoming flowers and warm temperatures, spring is a time of year when everyone and everything comes to life. However, it can also be a time of stress and frustration when that awful April date rolls around and your taxes…
Small business owners are certainly faced with a plethora of responsibilities and challenges every day. Whether they need to create and implement business strategies, pay the payroll, process bills, or interact with clients, to name a few, the tasks are many. Here at Tax Alternatives, our highly skilled and experienced team of professionals wants to…
As small business owners, your business responsibilities, tasks and commitments are many. With tax season upon us yet again, why not reduce the tax liability of your company while boosting your tax savings with our top-rated Brentwood tax outsourcing services we offer here at Tax Alternatives. Our team of dedicated professionals is steadfast in their…
There are many important functions to every small business with bookkeeping and taxes probably being the most challenging. Ensuring that your business taxes are prepared accurately and filed on time, is indeed a challenge that many small business owners are faced with. Knowing full well the challenges at hand and the fact that errors in…
When starting up a new business, the challenges can be many. There are many uncertainties about business sectors and the economy as well as a wide range of business responsibilities and tasks that can certainly contribute to the challenges at hand. With that said, the team of highly skilled and experienced professionals here at Tax…
Most small business owners have a full plate each and every day. With so many employees working remotely now, regularly scheduled virtual meetings have become an important component for successful small businesses. With the number of changes that have had to be incorporated in the past couple of years to accommodate employees working remotely, adding…
Many small business owners are faced with countless tasks each and every day. For the most part, they typically find it stressful to organize, review and pay their small business bills. Though bill paying can be a somewhat tedious task, it is certainly an essential and very important one. The time that goes into paying…
The team here at Tax Alternatives wants to take this time to send along heartfelt thanks to our many valued clients. We understand full well the many blessings that have been bestowed upon our company and family and want to ensure all our clients that you are very much a part of our special family.…
Small business owners are faced with a plethora of responsibilities and challenges every day. For many, the ability to employ the proper personnel to manage, streamline and operate your small business is simply not within the budget. With that said, the team here at Tax Alternatives wants to remind our valued clients of the importance…
If you are a small business owner, chances are you find yourself faced, every day, with a multitude of responsibilities and tasks. Finding enough time in every day to perform necessary tasks is probably one of the biggest daily challenges you face. Being able to focus on effective business strategies and ways in which to…
Every small business owner finds themselves faced with abundant challenges and tasks to be performed in the course of every day. With so much focus needed to be put on business strategies and operations, is it any wonder that so many small business owners in Brentwood put their bookkeeping needs into the hands of our…
There are many small business owners who, after starting up a business, find they are in need of high-quality bookkeeping, accounting, tax and payroll services. If you are one of those small business owners then Tax Alternatives is the best solution for you. At Tax Alternatives our highly skilled and experienced team of professionals is…
For many small new business owners, QuickBooks is sure to prove to be an effective and efficient tool to use. However, when first starting out it can be somewhat confusing to decide upon the proper version to use for your business needs. The team here at Tax Alternatives wants to take this time to acquaint…
For small business owners who need to decide whether to hire additional employees or put their trust in an independent outsourcing contractor may be one of the most difficult decisions they will need to make. It can certainly be a tough call to make since both offer you a number of benefits. s. The team…
For many people who have decided to take that big step and leave their steady paying jobs and start up their own business the risks and uncertainties can be many. Venturing into a whole new world filled with so many responsibilities and tasks can certainly present with a wide range of challenges. There are so…
There are many benefits to outsourced bookkeeping with one of the most important and most obvious benefits being that it can save you a good deal of money over time. Employing a bookkeeper for your small business means paying an hourly wage or a yearly salary. In addition, when you hire a bookkeeper, you also…
For small business owners who haven’t enough time in a day to perform all the necessary administrative tasks, investing in outsourcing services is an ideal option for you. Whether bookkeeping, accounting, tax, QuickBooks or payroll services, the team here at Tax Alternatives has got you covered. Our team of highly skilled professionals stands ready to…
In today’s world with the ever-advanced digital setting we live in, many young people are taking a giant step toward starting up their own businesses. With that said, it can be extremely time-consuming and challenging to start up and run a new business. There are so many administrative and company focused tasks that need your…
Well, summer has arrived, which means vacations and downtime for your employees will soon be here. For many small business owners summer season usually means a slowdown in business and in revenues, although for a handful of businesses it means business will be booming. The summer season offers business owners varied challenges that require you…
Every small business relies upon healthy relationships with their customers and vendors in their efforts to build a successful business foundation. There are times, however, when these relationships can be strained because of improper inventory management. The team here at Tax Alternatives wants our clients to understand that in order to maintain adequate inventory, it…
Many small business owners who have just opened their business doors often feel not only inexperienced but entirely overwhelmed with bookkeeping tasks and responsibilities. Though they are entirely aware of the importance of selling their goods or services, growing their client base, and enhancing revenues, bookkeeping tasks can often leave them in the dark. That’s…
Individuals who choose to take their every talent, commitment and ideas and start their own business become not only business owners but true business leaders. With that said, it is important to recognize that despite how far along or how new your business is, you are apt to make a number of common business mistakes…
Many small business owners feel it is necessary to avoid incurring additional expenses, especially products in the form of subscription fees and software program costs. However, the money you think you are saving may very well be costing you money as well as time and potential long-term problems. Here at Tax Alternatives, we strive to…
The tax season is once again upon us which means it is time for all individuals and businesses to begin their tax preparation tasks in anticipation of their annual tax filings. Because of the Covid-19 pandemic, the past year has seen a number of changes and revisions to the IRS tax rules and regulations. With…
Small business owners typically have to learn how to wear a wide range of hats. However, the majority of small business owners are not experienced accountants, bookkeepers or financial planners. With that said, the dedicated team of professionals here at Tax Alternatives wants to encourage our valued clients to put their trust into the hands…
For many small business owners, spring is an ideal time of year to review, revise and renew business procedures, processes and strategies. Decluttering is something we all do during our spring-cleaning process and business owners are certainly not exempt from this task. Spring is certainly the best time of year for cleaning, organizing and setting…
Well, it is almost that time of year again when businesses and individuals alike have to prepare and file their income tax forms. This year the deadline for filing taxes has been extended to May 15th. However, there is a wide range of changes that have been implemented this year as well as new IRS…
Well, 2020 certainly proved to be a very challenging year for all of us and indeed that includes small businesses as well. If the financial health of your small business has been impacted by the past year’s restrictions and challenges, then now is the time to take action. None of us know what the future…
Spring is right around the corner which means tax season will soon be upon us again. Understanding all the new tax regulations and how to properly file your tax returns for your small business can certainly be a challenging and incredibly stressful task. Many small business owners here in Brentwood, since they haven’t the experience…
Managing a small business is not the easiest of tasks especially since owners, with the vast number of daily struggles they are faced with from marketing to bookkeeping, can feel somewhat challenged and isolated. With that said the team here at Tax Alternatives wants to take this time to emphasize the importance of having a…
For many small businesses, outsourcing business functions can serve to be an effective strategy. When you choose to outsource business needs, you allow yourself quality time needed to give focus to your business plan and strategy. Additionally, when you do not have to worry about all the administrative tasks of your business, you are also…
Tax Filing Like everyone else, you are more than happy that 2020 has come to a close. However, there is one fact that you cannot lose sight of with regard to the Covid 19 pandemic, and that is how the government’s handling of the virus will impact your 2020 tax filing. THINGS TO GIVE…
Though the challenging year of 2020 is coming to an end, there are still some simple small business year-end tasks every business owner needs to perform. These tasks are essential to wrapping up the year and getting yourself prepared and ready for the new year just around the corner. 2021 IS RGHT AROUND THE…
Many small business owners often wonder whether outsourcing can be something that is beneficial to the overall success of their business. Is it designed to align with business goals, including saving money, increasing production, improving product quality and boosting the morale of employees? Here at Tax Alternatives, we want our clients to understand that choosing…
There are many small businesses who have suffered desperately during the Covid-19 pandemic and are now looking for ways to actually stay afloat. Effective financial management can certainly contribute to the task and the team here at Tax Alternatives stands ready to meet those needs with our premier Brentwood bookkeeping and accounting services. Small business…
Sadly, the Covid-19 pandemic has had such an impact on so many businesses and indeed many if not most small businesses. Many local businesses have been hit very hard during these trying times and it seems, it may be ongoing for quite some time. With that said the team here at Tax Alternatives wants to…
With the upcoming Presidential election and as complex as it will most undoubtedly be, many small businesses are gravely concerned about the impact the election results can have on their lives going forward. The majority of small business owners here in the United States have one thing in common when it comes to this Presidential…
As small business owners, it is important to understand the various types of small business insurances needed in order to protect your business from accidents and other unforeseen claims that could have a negative impact on your business. With that said, the team here at Tax Alternatives want to take this time to acquaint our…
Any small business can suffer if you do not have clearly defined, outlined and measurable business goals. A small business can struggle to move in an upward direction and can even slow productivity and success if proper goal setting is not put in place. When you set goals for your small business, you are able…
The Covid 19 Pandemic has certainly caused a great deal of struggles and challenges for many people, and that includes many small business owners as well. No matter what industry or field your business is in, it is important that you structure your current operations in such a way as to keep up with the…
As a small business owner, you probably wonder from time to time how often, if at all, your business could be audited. Though small business audits, much like all other types of audits, are more times than not random, it is important to take steps to ensure that you are prepared should you find yourself…
There are a number of benefits to outsourcing with cost savings coming in at the top of the list. However, the entire process presents with more business benefits than the average person realizes. With that said, the team here at Tax Alternatives wants to take some time to familiarize our valued clients with the many…
Small business owners are faced with a lot of challenges every day, one of which is ensuring that their bookkeeping is accurate and complete. With that said, the folks here at Tax Alternatives want to share this important bookkeeping checklist with our clients and offer some insight to those important must do tasks. SOME IMPORTANT…
As a small business owner, the number of tasks and challenges you face every day can be quite overwhelming. Many small business owners are constantly on the lookout for ways to curb down their overhead business expenses in whatever effective and practical ways that they can. With that said, outsourcing some of the basic functions…
Owning a small business has a number of challenges and obligations. One of those obligations is the important task of separating your business vs. personal expenses year in and year out. Separating your expenses not only helps to showcase the professionalism of your small business and provides you with the peace of mind you need…
Many small businesses have a number of tax deductions they can claim that ultimately save them a good deal of money. Any tax deduction will help business owners to reduce the amount of taxable income they have for their business, thereby minimizing the amount of taxes owed to the IRS at tax time. One good…
During this coronavirus pandemic, many businesses, large and small, have been faced with temporary closures which they hope will benefit their businesses over the long term. When a temporary shutdown occurs, there are a number of protocols that must be followed advising both employees and customers of the how’s and whys of the closure. Employers…
With the tax filing deadline having been extended to the 15th of July many individuals and small businesses find themselves in need of tax preparation and filing services. With ongoing IRS tax regulations, and updates coupled with the financial burdens that so many people are faced with during this critical pandemic, the team here at…
The world is certainly full of a number of uncertainties and fears, including this recent pandemic, leaving no individual or business immune to the impact it is having on us all. Many small businesses are finding it difficult to function because of either minimal cash reserves or an inconsistent cash flow. With that said the…
Though the deadline for tax filings has been extended, it is important that small business owners give attention to their tax preparation and filings sooner rather than later. Often times small business owners find themselves faced with many questions on how to prepare and file their business taxes. Though some may choose to file their…
Here at Tax Alternatives, our team of highly skilled and dedicated professionals take a great deal of pride in providing all our valued clients with the highest quality tax preparation and filing services. With that said, we want to ensure that individuals are aware of the extension that has been put in place for the…
Owning your own small business can certainly be challenging and indeed intimidating at times. The need for ongoing strategic planning, all kinds of records keeping, and the ability to reach your target audience and hold their attention, are just some of the many important elements of owning your own small business. With that said, if…
With tax season now upon us, many people find themselves stressed and worried about what their tax outcome will be. Taxes, whether personal or business, have to be filed regardless of whether you are getting a refund or having to pay. But more importantly, they need to be filed properly. Some individuals file the simplest…
Every small business owner is constantly on the lookout for ways to improve the efficiency and the value of their businesses. Often times the small business owner finds themselves having to wear far too many hats each day and certainly accounting is one of those many hats and tasks. Though many small business owners try…
Well, it’s definitely tax season and millions of Americans are scrambling to not only file their tax returns, but research and understand all the plethora of tax regulations that come into play each and every year. There are millions of graduating students who will be soon heading off to college with their well-deserved scholarship monies.…
Well, tax season has arrived and nearly every small business owner is sure to find themselves worried about collecting all the pertinent financial records as well as business transactions they need from the previous year. Preparing tax returns can certainly be a bit of a challenge, but when you rely upon the dedicated team of…
If you are a small business owner preparing to file your small business taxes, the team here at Tax Alternatives want to ensure that you are aware of what tax deductions you can apply directly to your small business. As most of us know, these deductions ultimately decrease your overall taxable income, allowing more of…
QuickBooks is a top-rated financial accounting software package that was specifically created for use by small businesses. QuickBooks software boasts with a whole lot of effective features that are focused on helping business owners manage all aspects of their accounting systems, including accounts payables, accounts receivables, financial reporting and even management of credit card use. …
Even those business owners who have proven to be successful have a need from time to time to acquire insight and a fresh perspective on how to run a successful business. With that said, the dedicated team of professionals here at Tax Alternatives wants to share with all our valued clients some insight and important…
For small business owners, business challenges and decisions are many. One of the most common decisions business owners need to make early on is choosing the right payroll schedule for their employees. There are a number of factors that come into play when determining the ideal schedule, including, but not limited to, cash flow needs,…
The end of the year is upon us and most business owners find this to be the busiest time of the year. Though many businesses in the final quarter of the year give much focus to the busy holiday season and getting all those year-end transactions posted, they should also begin to focus on preparing…
As a small business owner, trying to manage the countless responsibilities that go along with a successful business can be both frustrating and challenging. Often times overlooking responsibilities or simply not having enough time to dedicate to the tasks can lead to serious problems. The proper management of your business bookkeeping and accounting tasks can…
If you are a small business owner and find yourself spending the greater part of your time performing bookkeeping tasks rather than running and managing your business and implementing effective strategies, then perhaps it is time you consider investing in our top of the line outsourced bookkeeping services we offer here at Tax Alternatives. Our…
QuickBooks has certainly become the most popular accounting software out there which really comes as no surprise to those individuals who understand its benefits and know how to use it. Here at Tax Alternatives our team of dedicated QuickBooks specialists is committed to training all our valued clients on the many basic and advanced features…
Outsourcing your bookkeeping for your small business has never been easier or practical than it is in today’s business world. Both cloud computing and the wide range of online technology available has certainly changed the way all companies do business. Choosing to use outsourced bookkeeping can help your company to run a whole lot smoother…
When it comes to managing time in the workplace, everyone has their own idea on just how to accomplish that task. However, often times, suggestions and concepts fail to be successful simply because workers tend to have their own way of performing, their own methods for getting the job done and certainly their own timelines…
Small business owners certainly have their fair share of tasks and challenges. From growing a customer base, creating partnerships and marketing strategies, to managing employees, advertising campaigns and strategic planning for the growth of your business, the tasks and challenges are many. Time is something you have little of, but the majority of it should…
Owning a small business is anything but a small task. Often time small business owners have a difficult time delegating necessary responsibilities in their efforts to streamline tasks and functions that contribute to the overall success of a company. Here at Tax Alternatives we fully understand that after putting so much time, effort and money…
When small business owners reach a new growth phase in their business, often times they find themselves faced with a number of challenges. Primarily, the concerns are about managing their own bookkeeping since so much of their time is expended in other areas. With that said, the professional team here at Tax Alternatives are on…
Summer has finally arrived which means, for a lot of small businesses a slowdown in business and revenues. Staff members typically schedule their long overdue summer vacations and often times need to rearrange work schedules to accommodate their children’s school breaks which can certainly put a damper on production and cash flow. On the flip…
If you are a small business owner, you are already aware that there is a significant difference between just owning a business and owning a successful business. Though a somewhat booming small business may have a roster of regular clients that produce an attractive revenue, if your financial books and records are not kept properly…
Here at Tax Alternatives we firmly believe that when you outsource your HR needs your company will always benefit. The benefits can be many. Whether you simply opt for help with your payroll services or choosing the perfect insurance and benefits package for employees, or you find yourself in need of help with many of…
Small business owners have a wide range of challenges, struggles and daily tasks. With a focus on growing your business, often times there are not enough hours in a day to handle or carry out all the other important business tasks. One of the most common areas of a small business that needs grave attention…
Here at Tax Alternatives we fully understand the long hard hours, time, efforts and money that goes into opening and growing a successful small business. With that said, our highly skilled team of specialists takes a great deal of pride in our superior Brentwood bookkeeping/accounting services that afford small business owners the time they need…
Are you a small business owner here in Tennessee whose business is growing to the point where you need help in streamlining your bookkeeping and accounting functions? If you answered yes, then you have certainly come to the right place. The professionals here at Tax Alternatives are committed to providing the highest quality outsourced bookkeeping…
Well, tax season is nearly coming to a close, and for many small business owners the questions, the challenges and the concerns are endless. Most small business owners know the importance of properly filing their taxes, and choose to rely upon tax professionals. Such is the case here in Brentwood, with many small businesses relying…
If you are a small business owner in need of top-rated, professional bookkeeping services, payroll services or tax services then surely you have come to the right place. Here at Tax Alternatives our team of licensed professionals is on hand to assist with all your bookkeeping and payroll needs. We offer full service Brentwood payroll…
Well, it’s that ‘favorite’ time of year for individuals and businesses alike, when tax returns need to be filled out and filed with the IRS. Every year there are abundant revisions and changes made to the IRS rules and regulations. With that said, the folks here at Tax Alternatives are on hand to tackle all…
Small business owners across America and specifically here in Middle Tennessee have a wide range of responsibilities when it comes to the financial aspects of their businesses. Managing your business, the products and services you offer, employees and other aspects along with trying to maintain your company’s finances can be a daunting task. However, it…
Owning a small business is no small task. Surely you wear many hats each day, from CEO and Owner to President and yes, Bookkeeper. Professional management and streamlining of all your business functions is primary to your success. With that said, the folks here at Tax Alternatives provide superior Brentwood bookkeeping services to all types…
It is everyone’s favorite time of year! 2018 tax returns need to be completed and filed by both individuals and businesses by Monday, April 15, 2019. There have been a variety of changes to the IRS tax rules and regulations this tax season, which is why the professionals at Tax Alternatives are ready, willing and…
Congress passed a new tax bill that went into effect on January 1, 2018. It will affect most taxpayers for the 2018 tax year. This is one of the largest tax reforms in our country’s history and most likely, there are parts of it that will have some affect, hopefully positively, on your 2018 tax…
Odds are just barely in your favor if you’ve started setting aside money and assets for your retirement. Apparently in America, reaching retirement goals isn’t always a top priority. According to the National Institute on Retirement Security, some 45 percent, or almost 40 million working-age households, “do not have any retirement account assets.” This may…
It is almost that time of year again, when we all have to collect tax papers, documents and numbers in our efforts to file our annual tax returns. With that said the professionals here at Tax Alternatives want to ensure all our valued clients that we are set for the challenge and looking forward to…
With the end of the year upon us, tax season will be fast approaching and employer W-2 forms arriving at the end of January. Though we are preparing to celebrate the joyous Christmas season, along with cherished moments with family and friends, the team here at Tax Alternatives want to remind you that it is…
Statistics tell us that over the past several years Human Resource outsourcing has grown to be a several billion-dollar industry with nearly 90% of small businesses relying upon these critical services. The majority of small business owners have increased their dependency upon HR outsourcing primarily because of the many time and cost saving advantages it…
Many small business owners will agree that their bookkeeping needs can be quite complicated. At Tax Alternatives, Inc., we take tremendous pride in our expert yet affordable Brentwood small business bookkeeping practices and services. Whether you are just starting out with a new business or are an already existing small business that is in need…
Many small business owners find that staying atop and managing their employees’ payroll can be not only time-consuming but somewhat challenging and even confusing. If you inadvertently fail to comply with all the tax regulations and laws, there are a variety of fines and penalties you may be assessed. Statistics tell us that nearly 40-50%…
Owning a small business is surely a challenge in and of itself. With that said, the folks here at Tax Alternatives want to share with you our premier yet affordable Brentwood bookkeeping services. Small business owners should give serious thought and consideration to getting their bookkeeping outsourced since its tendency is to take up a…
The tasks at hand for small business owners every day are not only challenging, but countless to say the least. With year-end just around the corner now, small business owners should start giving focus to some of the administrative tasks for all your bookkeeping and tax needs. Year-end tasks can certainly be frustrating, time consuming…
Most small businesses can be faced with complicated, not so easy, bookkeeping needs in the course of every day. At Tax Alternatives we are experts in bookkeeping and payroll services and it is our commitment and goal to make your work as a small business owner a whole lot easier. Whether you are just starting…
Starting your own small business can be quite a challenge, but can be every bit rewarding as well. From maintaining accurate financial records and books to processing payroll, and paying taxes the responsibilities are many. With that said the folks here at Tax Alternatives take tremendous pride in our superior Brentwood small business services. Our…
Are you a small business owner who is committed and dedicated to managing your small business but do not have all the finance training you need? Are you short on bookkeeping procedures or need help with your tax preparation and/or your payroll services? Are you unfamiliar with QuickBooks? If you answered yes to any or…
Every small business owner understands full well the importance of growing their business in their efforts to attain their long-term business goals and objectives. Starting a small business certainly has its struggles and hurdles and though time presents a great challenge, it is focus that tends to be one of the greatest challenges of all.…
As a business owner, deciding on whether or not to use outsourcing can be a bit of a challenging decision. As many of us know, cash flow and profitability are key focal points of your small business. With that said, finding skilled individuals as well as reliable resources to add to your business strategy is…
Tax Alternatives is a Brentwood-based firm serving the greater Middle Tennessee area. We specialize in small businesses and provide superior customer service driven bookkeeping and accounting services in our efforts to help you protect your small business. For most small companies, the small business bookkeeping and accounting duties fall directly onto the owner or even…
If you are like so many other small business owners you probably find that there are simply not enough hours in a day to accomplish all that you set out to do. There is no doubt that juggling all the day to day tasks can be frustrating and quite time-consuming. The team here at Tax…
As a small business owner, you no doubt care a great deal about your company and your employees. But, like so many other small business owners, you probably haven’t the time and perhaps even the know how to spend dealing with human resource functions and matters. From hiring, training, and processing payroll, to putting in…
At Tax Alternatives we pride ourselves on providing all our valued clients with top of the line small business services. We offer all the insight and data needed to make wise financial decisions with our Brentwood professional bookkeeping. Small business owners have a good deal of passion and focus which allows them to move forward…
Small business owners often find their bookkeeping needs to be quite complicated. At Tax Alternatives, Inc., we are top notch experts in small business bookkeeping practices and services and are committed to making your work a whole lot easier. Whether you are just starting out with a new business or are an already existing small…
Small business owners are faced with daily challenges and often find themselves trying to ‘do it all’ on their own. Taking on this strategy is more often than not counter productive and leads to a variety of tasks that are left undone. Surely having the capability of multi-tasking is a good thing, however, when you…
With mortgage rates remarkably low these days, small business owners are often tempted to use the equity in their homes for purposes of financing their businesses. However, the folks here at Tax Alternatives are committed to educating our clients on the serious tax ramifications that come into play when tapping into your home equity. Our…
There are studies today that confirm the high number of failed businesses here in the United States every year are the result of poor financial management. There are many small business owners that think it best to take on all their business financial tasks themselves. These same owners fail to recognize that engaging the services…
Spring is here and the number of homes on the market increases drastically. Homeowners give favor to this time of year since people are coming out of hibernation and ready to make that buy. From start to finish the challenges and excitement of selling your home are many. Though selling your home can present you…
If you are a business owner then surely you know that you are entitled to deduct certain types of expenses on your tax returns, like those incurred when entertaining clients. The entertainment category with regard to income tax filings is any type of activity that provides actual entertainment, recreation, or amusement to your clients. It…
Well, it is definitely tax time again. One of the most troubling, yet important decisions for many people to make is whether or not to hire a tax professional to file their taxes. For many people, doing their own taxes using a reliable tax software program is every bit as easy as using Microsoft Suite…
Tax filing season is right around the corner which means people across the country are feeling the frustration and stress of getting their tax return preparation completed. If you are experiencing these very emotions, surely you are not alone. Statistics tell us that tax season is, by far, one of the most stressful, fearful times…
As a small business owner, you are faced with a wide range of tasks and challenges every day. Though marketing, advertising, social networking and business strategies are all critical to your small business, effective and timely processing of payroll is every bit as important as well. There are a variety of other components to your…
Well, it’s that time of year again. Certainly a time that most people wish they could avoid. The professionals here at Tax Alternatives are here to provide you with all your tax filing needs. Our highly skilled and professional tax specialists are ready, willing and able to help you get the biggest refund from your…
Here we are again. It’s nearly tax time and yes, time to start planning and preparing to file your income tax returns. Whether individual or business tax forms, the professional team here at Tax Alternatives is here to provide you with all your filing needs. Our top-rated Brentwood tax preparation services are among the best…
Well, tax season is right around the corner. With the year having passed so quickly, soon you’ll find yourself scurrying to file your income tax forms all over again. The folks here at Tax Alternatives take tremendous pride in our top of the line Brentwood income tax services and in our highly skilled and trained…
If you are a small business owner then surely you know that your day to day challenges are both challenging and rewarding at the same time. The tasks that need performing are endless and the time in which to perform them limited. With that said, the folks here at Tax Alternatives are proud of our…
At Tax Alternatives we know how stressful it can be for small business owners to organize and maintain their accounts receivables and accounts payables. Though the task is not often a pleasant one, surely it is a necessary one. With that said our certified professionals are here to take that stress away and get you…
As a small business owner, you have a wide range of financial tasks and responsibilities. Managing and maintaining your company finances is essential to a successful business. However, many small business owners lack the expertise and proper training to accomplish these important tasks. Here at Tax Alternatives our highly skilled and trained specialists are here…
Owning a small business has its many challenges. The tasks and responsibilities of maintaining a small business are countless. That is where proficient outsourcing comes in and surely where the professionals here at Tax Alternatives play an important role. Providing award-winning Brentwood small business services to all our valued clients is just one of our…
Small business owners and people alike often find it stressful and time consuming to organize and pay their bills. If you fall into this category, then the time is now to reach out to the professionals at Tax Alternatives. Providing superior Brentwood bill pay services in addition to a wide range of other financial services,…
Small business owners in search of the best Brentwood Payroll Services find the utmost in service, products and satisfaction with the professionals here at Tax Alternatives. Located at 105 Westpark Drive, #440 right here in Brentwood, our professional teams serve a wide range of small business owners with all their bookkeeping, tax and payroll needs.…
Typically, when tax season is over, people tend to ignore anything that potentially can impact the following year’s income tax return until the next year. Here at Tax Alternatives we encourage all our valued clients to be proactive in order to avoid the surprises that can arise when tax season once again sneaks up on…
Owning a small business is surely a challenge in and of itself, not to mention the many responsibilities and tasks that come along with the territory. With that said, small business owners should give serious thought and consideration to getting their bookkeeping outsourced. There are a variety of reasons why outsourcing bookkeeping is beneficial to…
Every small business owner understands full well the importance of growing their business in their efforts to attain their long term business goals and objectives. Starting a small business certainly has its challenges and one of the biggest challenges of all, in addition to time, is that of focus. Focus plays an important role in…
At Tax Alternatives we pride ourselves in providing all our valued clients with top of the line services and all the information needed to make wise financial decisions for their small business. We are committed and dedicated to taking the stress and worry out of your day to day financial challenges of your bookkeeping system…
Any business owner, whether large or small, knows that payroll services are invaluable to their business. Taking the time and making the effort to hire the best, most productive, and brightest employees for your business, advertising your brand and business in the appropriate markets, and educating and training your sales staff are all critical first…
As a small business owner, you surely have far more important things to give focus to than to commit hours to maintaining your own books. Here at Tax Alternatives we take care of your books for you, so that you can dedicate time and efforts to running your small business and, over time, generating leads…
Starting your own small business can be quite challenging and rewarding at the same time. Surely there are many important tasks that need to be performed in advance of starting your business, but most assuredly once your business is up and running there are endless daily tasks that need be performed. Maintaining accurate financial records…
Spring is here and many homeowners favor this time of year to put their homes on the market. Most people get so excited about the entire sale process from start to finish, regardless of the challenges in between, and primarily focus on that one end point – selling their home. The spring and summer market…
There are less than 2 weeks left to get your taxes filed and surely many of you don’t even know where to begin. With that said, the professionals at Tax Alternatives are here to provide you with all your tax filing needs. Our highly skilled and professional tax specialists are ready, willing and able to…
Most small business owners are completely focused on growing their business, increasing sales leads, and increasing traffic to their sites rather than on maintaining their business accounting and ensuring that it is all up to date. Keeping your small business accounting in order and up to date plays an important role in the success of…
In today’s world, so many small business owners simply do not realize that an enormous percentage of businesses will fail within the first year of business with one of the primary causes for these failures being insufficient financial management. Here at Tax Alternatives we try to educate our clients on the important role a professional accountant…
Are you a small business owner who is unsure about how to manage and maintain your finances? Are you in need of training to manage your company bookkeeping and other financial matters? If you are like so many small business owners who, when setting out to launch their business, recognize they lack the training and…
Are you a small business owner who is committed and dedicated to managing your small business but do not have all the finance training you need? Are you short on bookkeeping procedures, have no knowledge of Quickbooks, need help with your tax preparation and/or your payroll services? If you answered yes to any or all…
Every small business needs the right people and services in order to experience success. Though many small business owners are of the mindset that they can perform all the necessary tasks required to build a small business and make it flourish, this could not be farther from the truth. Hiring sales people, IT experts and…
Well, another year has come to an end, which means that another tax season is around the corner. For many small business owners the upcoming tax season, like every other tax season, will present them with endless questions and concerns about how to handle the filing of their taxes. Many business owners recognize that it…
It’s that time of year again – year’s end. Companies across the globe are finalizing their financial budgets and calculating their fiscal year end numbers. If, after looking at your year end numbers you feel the need to increase your company revenues, then perhaps you are thinking about putting price increases in place for the…
Are you a small business owner that is working really long hours? Do you find that you have an endless to do list that just seems to keep on growing and never gets any smaller? Do you find yourself constantly thinking ‘there just aren’t enough hours in a day” or asking yourself “what exactly did…
Many people find it remarkably stressful to organize and pay their bills. No, paying your bills is never a fun task to perform, but surely it is an important and essential one. Paying your bills can be incredibly frustrating and very time-consuming and causes a great deal of hardship to many people. Having abundant bills…
As the owner of a small business, your responsibilities and challenges are many. However, unless you have a large enough company to employ appropriate key personnel to help in the management and streamlining of your business, it looks like you are Owner, CEO, President, CFO and even provide your own bookkeeping services When it comes to…
Are you a small business owner in need of experienced and highly professional bookkeeping services, payroll services or tax services? If you answered yes to any one of these, then surely you have come to the right place. At Tax Alternatives our highly trained and skilled team of professionals are all licensed and certified to…
Business taxes can become a hassle if you’re unsure of what it is you’re supposed to be keeping track of, putting on the papers and reporting to the IRS. Not only that, but missing some piece of information can mean that the entire tax paperwork that you do can become a problem. Don’t let this…
Many believe that Nashville tax professionals are only good for tax time, and may not be needed throughout the rest of the months of the year. While, they are good to have during the tax season, they also come with benefits for the rest of the year, as well. Understanding a bit more regarding Nashville…
Running a business can be tiring, there is a lot on your plate and this can cause you to forget certain things that need to be done. With the right help, from the right professionals; you’re better able to make the most use of your time, taxes and business. You’re able to designate the right…
Nashville accountants may never be thought of unless you own a business, or are working on starting one. Not only can they be the professionals needed to provide you with the monetary and tax help that you need, but they can direct you to make the best financial decisions for your company and yourself. Consider…
When it comes to bookkeeping, you may not be the best at it and this is why you’ve most likely hired a bookkeeper or are thinking of doing so. This is because they can ensure that your finances are in order, you know what is going in and what is coming out. With some of…
Everyone wants to improve the overall success, quality and financials of the business that they are running, or working with others to run. However, in order to do this, some considerations have to be taken into account. You should always ensure that you start at the bottom, and work your way up. These things take…
Finding information about your taxes, and what needs to be done when you’re a small business is essential. Of course, you can have access to someone, an accountant, that does know this information. However, when you’re the owner of a small business, you need to be responsible for making sure that all of these papers,…
When hiring any professional, for any job, you have to make sure that they are able to do the job for you. This can put you in a better position to feel confident about the choice that you made to move forward with the company, and the professional in the first place. When you go…
While you may not want to bookkeep on your own, it is always good to keep these tips in mind since it can make tracking everything much easier for the bookkeeper that you do hire. You can make sure to have the necessary papers and records needed to show them, so that they are able…
Setting up a small business is exciting and somewhat frustrating. If you are not ready to do your own bookkeeping, or have the funds to hire a full-time bookkeeper, allow Tax Alternative to do the accounting for you. Another option is to learn QuickBooks through Tax Alternative‘s QuickBooks training. Most small to mid-size businesses have…
Around this time of year, many business owners start to panic over the upcoming tax season. Even if everything went well last year, there are always new tax codes and rules rolled out each year. It’s time to contact Tax Alternative, the tax experts. Tax Alternative, serving Davidson County, Williamson County, Maury County, Nashville, Brentwood,…
The State of Tennessee’s Annual Sales Tax Holiday is held every year, beginning at 12:01 a.m. on the first Friday in August and ending at 11:59 p.m. the following Sunday night. During this weekend, certain goods may be purchased tax free. This year’s tax-free holiday weekend begins at 12:01 a.m. on Friday, August 7 and ends…
With the school year just on the horizon, are you footing the costs of higher education for yourself or your family? Let your Uncle Sam lend a hand with some tax credits. Two tax credits, the American opportunity credit and the lifetime learning credit, can help students and their parents defray education expenses. As the…
Traveling? Bad news. In some American cities, visitors now shoulder travel taxes that can add as much as 30% to the cost of a trip, according to a new study. Don’t look now, but taxes on travel are rising. In some cities, visitors shoulder tax burdens that can add 30% to the cost of a…
As you probably know, the most popular month to get married in is June, followed by October. As newlyweds, the last thing on your mind are probably taxes, however when the wedding day bliss is over, there are a few things you should take care of! Notify officials of your name change! If one of…
With summer time in full swing, if you’re a student your parents probably told you it’s time to get a job! If it’s your first job, it gives you a chance to learn not only about working, but also about paying taxes. Summer job tax tips: Withholding and estimated tax – Your employer withholds tax…
Five Bookkeeping Tips for Business Entrepreneurs. 1. Plan for major expenses! Why? You’re less likely to miss business opportunities or have to scramble for a loan when the expenses become unavoidable. Put events like a major computer upgrade on the calendar a year in advance or, ideally, three to five years ahead. Acknowledge the seasonal…
Do you own a small business in the Nashville area and you’re thinking about hiring a bookkeeper but just not sure if you really need one? The answer is probably YES. You do need one and here’s why: Opportunity Cost: The bottom line is that it takes time to keep your own books; time that…
The deadline to pay your taxes is steadily approaching…. 2 more days! Are you a procrastinator? Then you might want to listen to this advice! Are you considering filing an extension on your taxes? If so, here are some things you want to keep in mind: 1. Even if you plan on filing an extension,…
In our previous blog post HERE, we discussed some taxes Americans hate. There are so many, we could probably make a series on the subject! Below you’ll find some more unwanted taxes (as if we want any to begin with) and some things you can do to minimize what you pay. 1. Phase-outs of Tax…
If you’re like at least 50% of Americans, you probably hate paying your taxes, generally because we believe they’re unfair or aimed at the wrong people. Gallup conducted a poll that found more than half of us feel we paid too much in taxes in 2014. Taxes aren’t all bad … some taxes have exemptions…
Capitol Hill approved the Tax Extenders Package, better known as The Tax Increase Prevention Act in late December. One of the most talked about provisions of this Act was the extension of tax-free distributions from an IRA for charitable purposes through December 31, 2014 (called a Qualified Charitable Distribution (QCD)). A QCD is a very common…
Did you receive assistance this year for healthcare? If you did, you’re among the millions of individuals who got financial help for health insurance last year under President Obama’s law. For the first time, Americans will experience the rather complex connections between the health care law and their taxes. Tax Alternatives of Nashville wants you…
Whether you’re an individual or business, Tax Alternatives would love to service your accounting needs. Tax Alternatives provides bookkeeping, accounting and tax services for individuals as well as small business owners and companies desiring the advantages of accurate, well-organized records but without the complexities or costs involved in employing a full or part time bookkeeper. We service the…
Are you scrambling for some tax savings before the end of the year? Act QUICK, before December 31, to increase your tax breaks! Whether you’re having a good year, rebounding from recent losses, or still struggling to get your feet on the ground, you may be able to save a load of money on your…
Can you believe 2014 is already coming to an end? You know what that means. Time to prepare for taxes! Don’t be this guy. Most people assume that since we’re nearing December 31, that all money-saving options to defer income or accelerate deductions have come and gone, however, that’s not necessarily true! There are still…