VIDEO TIPS: TAX BREAK FOR SPECIAL EDUCATION TUITIONS When itemizing deductions in the tax return, a taxpayer can include medical expense payments to a special school for a mentally impaired or physically disabled person if the main reason for using the school is its resources for relieving the disability. Watch this video for a better […]
What’s Next for the Child Tax Credit? Article Highlights Aging Population Home Improvements for Medical Care or Treatment Improvements That Increase the Home’s Value Improvements That Do Not Increase the Home’s Value Medical AGI Limitations According to the Social Security Administration, 10,000 baby boomers a day are reaching the age of 65, as of 2018 […]
What You Need to Know about Medical Practices and Cash Flow? According to one study conducted by U.S. Bank, a massive 82% of all businesses that ended up failing said that cash flow issues were a major contributor to that event. Often, this doesn’t just come down to the amount of money coming into an […]
2021 GENERAL TAXPAYER FILING REQUIREMENTS Article Highlights: Withholding Other Prepayments Tax Credits Earned Income Tax Credit Child Tax Credit American Opportunity Tax Credit Recovery Rebate Credit These days the tax return is used for more than just collecting taxes. It has also become a tool for the government to provide social benefits. This article discusses […]
How potential buyer to ensure that everything is in order? Many people dream of starting their own company, but if you’re one of the few who has turned their dream into reality, you know that it didn’t happen overnight. Making your business a success involved plenty of research, preparation, and hard work that you were […]
Tips to Brush up your Bookkeeping Habits May Actually Be Smarter Are you the type who makes New Year’s resolutions? Though the vast majority of those who pledge self-improvement focus on losing weight or exercising more, deciding to brush up on your bookkeeping habits may actually be smarter – and easier to stick to. If […]
WHAT IS TAX BASIS AND WHY IS IT SO IMPORTANT? Article Highlights: Definition of Tax Basis Cost Basis Adjusted Basis Gift Basis Inherited Basis Record Keeping For tax purposes, the term “basis” refers to the monetary value used to measure a gain or loss. For instance, if you purchase shares of a stock for $1,000, […]
How Small And Medium-Sized Business Funding Works Entrepreneurs have plenty of ideas and vision, but they don’t always have the capital that’s needed to make their dreams a reality. Small and medium-sized businesses that want to grow beyond what they’re able to accomplish with their own resources often seek funding from investors who want to […]
IRS TAX PROBLEMS Business Financial Group in Atlanta is here to help you resolve your tax problems and put an end to the misery that the IRS can put you through. We pride ourselves on being very efficient, affordable, and, of course, extremely discrete. Please call our office at (678) 201-1275 to set up a […]
Controller Services There are few companies that would not benefit from the advice and knowledge of an experienced controller, but hiring a company with that level of expertise is an expensive proposition that goes well beyond the budget of most small and medium-sized businesses. Hiring a professional on a part-time basis offers an excellent alternative. […]