When you become a parent, you will quickly realize how little you know about the whole gig. Everything from care and feeding to what it means for your taxes. You want to make sure that you’re taking advantage of all the opportunities that you will have to lower your taxable income and save you money.…
As we get closer to tax season, people are starting to do some calculations to see what they might be able to expect from this coming tax return. Many people are making appointments with their accountants to see how things are going to shake out. When it comes to filing your taxes, some people might…
As a small business, there is a good chance that you take pride in the community that you live in. For this reason, many small business owners are always looking for ways to give back. Charitable donations might be the best way to help strengthen your community. Not only will it leave you feeling great,…
An important part of owning and running a business is having a budget. In the most simplest terms, this is a written estimate of what you have to spend and what you need to spend to keep your business running. While this might seem like a task that is mundane or unimportant, that couldn’t be…
As lawmakers search for ways that they can help save the planet that we inhabit, there has been a big focus on electric vehicles and the different ways that driving them can help save the planet. Because there has been an emphasis on the benefits of driving these vehicles, there are some tax incentives that…
In the dynamic landscape of business operations, managing finances is a critical aspect that can make or break a company. One key player in this realm is the bookkeeper, a professional tasked with maintaining accurate and up-to-date financial records. The importance of hiring a bookkeeper for your business cannot be overstated, as they play a…
Getting married is an extremely exciting time in anyone’s life. It can be full of change and euphoria. One of the parts of your life that will see significant change is your taxes. There are several changes that you need to make so that you can take full advantage of the tax benefits that come…
For the prosperity of any small enterprise, robust bookkeeping and accounting stand as indispensable pillars. While some small business proprietors might presume that delving into the intricacies of accounting is unnecessary, operating a business solely based on cash flow can lead to complications. At Mark Dicus & Company, we emphasize the significance of adhering to…
When you have income coming from multiple sources, it can make taxes a bit complicated. Whether you have more than one job, investments, a business or other sources of income, you want to make sure you’re maximizing your tax savings. Luckily, there are several things that you can do to help lessen the tax burden…
Understanding small business accounting is essential for the success and sustainability of any entrepreneurial venture. Accounting is the systematic process of recording, analyzing, and interpreting financial transactions of a business. For small businesses, effective accounting practices play a crucial role in making informed decisions, ensuring financial stability, and complying with regulatory requirements. Today, we at…
