If you have a partnership, whether it is a Sole Proprietor or an LLC, you will file a 1065 for your business tax return. As always, I highly recommend hiring a qualified CPA to do this for you, but for those looking to do it themselves or just to learn more about the return.
With tax season upon us, here are three videos that may help those of you opting to prepare your own taxes this year. They would also be useful to help you organize your documents for your CPA (more organized documents mean more affordable tax prep!). We are currently accepting new clients for 2013 tax.
As I have mentioned a few times around here, my wife and I are expecting twin boys – our first kids – next month. Last week, I celebrated my 30th birthday. As a result of these two major life events, I sat down and wrote out 30 lessons I want to pass on to my.
I had the privilege of being a guest on Franchise Euphoria with Josh Brown yesterday to discuss tax strategies for small businesses. Check out the interview here and if you enjoy the show I know they would appreciate you subscribing and rating their podcast here.
Every other Monday we post a new episode of “Success Profiles”, our video interviews with successful entrepreneurs. Our guest today is Julie David, who comes to us from Mars, Pennsylvania. Julie shares an inspiring story of overcoming a lack of confidence, time and startup funds to create a very successful Premier Designs Jewelry business. Hear.
Foter.com / CC BY-SA As the calender quickly moves towards the end of the tax year, I’m frequently asked what last second strategies entrepreneurs can use to reduce their taxes. Over the next few weeks, we will discuss some ideas you can implement before year end to reduce your tax liability. December is a busy.