Business tax credits can cut your tax bill
Business tax credits are a dollar-for-dollar reduction in the amount of taxes a business owes, and there’s a decent chance that at some point over the years, your business has been eligible for one or more. Tax credits are a great way for businesses to save money on...
Federal Beneficial Ownership Information regulation deadline is nearing for many small businesses*
UPDATE: Federal Beneficial Ownership Information regulation found unconstitutional A federal judge in Texas ruled in early December 2024 that the Beneficial Ownership Information (BOI) rule of the federal Corporate Transparency Act (CTA) is unconstitutional. You may...
Beware of tax-related scams
As you may know, there are lots of bad guys out there trying to steal your sensitive information. All of us here at SBS Accounting & Advisors prioritize keeping your finances secure, so here are some tips to avoid the scams: 1. Be wary of unexpected...