by Allison Liu | Aug 1, 2024 | Taxes
In this article, we will explore five effective tax-saving strategies designed to help business owners optimize their personal tax returns. Implementing these strategies can provide significant financial benefits and ensure you are maximizing your allowable...
by Allison Liu | Jul 30, 2024 | Taxes, Uncategorized
Running a small business involves daily expenses that can significantly impact your taxable income. Keeping track of these expenses and understanding their tax implications is crucial. This post will guide you through effective tax strategies for managing business...
by Allison Liu | Jun 20, 2024 | Taxes
Estimating your taxes for 2024 can be straightforward with the right approach. This step-by-step guide will assist you in accurately calculating your estimated taxes and avoiding potential underpayment penalties. Step 1: Understand Your Effective Tax Rate...
by Allison Liu | Jun 14, 2024 | Taxes, TikTok Shop
Are you planning to open a TikTok Shop and wondering which business entity is right for you? Let’s break it down and help you make an informed decision. Starting Out: Sole Proprietorship When starting out, simplicity and low cost are key. That’s why starting as...
by Allison Liu | Jun 13, 2024 | Taxes, TikTok Shop
Navigating the complexities of tax obligations can be challenging, especially for those participating in online marketplaces like TikTok. Whether you are a seller generating significant income through transactions or an affiliate earning commissions, understanding...