by Jackie Anthony | Dec 17, 2024 | Accounting, Blog, Bookkeeping, Business Taxes, Small Business, Taxes
If you’re looking to reduce your federal tax bill before year-end, prepaying state and local taxes (SALT) can be a smart move – but only if you play by the rules. Here’s how a high level look at how this works and what you need to know. What is the SALT...
by Jackie Anthony | Dec 10, 2024 | Accounting, Blog, Bookkeeping, Business Taxes, Small Business, Taxes
For small businesses, making charitable contributions before year-end can help reduce taxable income, while also supporting causes that align with the company’s values. However, there are some rules and limits to keep in mind. Eligibility for Deductions C...
by Jackie Anthony | Dec 3, 2024 | Uncategorized, Accounting, Blog, Bookkeeping, Business Taxes, Small Business, Taxes
Contributing to retirement plans is one of the most effective ways to reduce taxable income while also building a strong financial foundation for the future. Here’s how you can maximize this strategy by year-end: Why Retirement Contributions Help: Contributions to...
by Jackie Anthony | Nov 26, 2024 | Accounting, Blog, Bookkeeping, Business Taxes, Small Business, Taxes
This one’s all about getting more bang for your buck when you invest in business equipment and other assets. Both Section 179 Expensing and Bonus Depreciation are powerful tax incentives for businesses to deduct the cost of “qualifying property” or equipment...
by Jackie Anthony | Feb 13, 2021 | Accounting, Blog, Bookkeeping, Cash Flow Management, Small Business
Typically, when we start our businesses all we talk about is growth – we want to grow to X number of clients with $Y amount of revenue and loads of cash in the bank before retiring and reaping the rewards of our hard earned efforts – easy, eh? It’s great...
by Jackie Anthony | Nov 17, 2020 | Accounting, Blog, Bookkeeping, Click Up, Learn Click, Virtual Bookkeeping
AllCents Consulting is super excited to announce that we are officially a Vetted ClickUp Organization dedicated to providing implementation and training services for Accountants and Bookkeepers! We are an award winning business based in LA committed to delivering best...
