Testimonials

This month we’re talking about passive income. If you missed our earlier post, check it out to learn 7 reasons you need passive income.

This week, we’re going to share 10 ways to generate passive income:

Investments – Wise investments can provide passive income for years to come. It can be challenging to know where to start, so if you want to go this route, contact us today for a referral to a financial advisor who can help you decide where your money is best invested. Create an e-book – Choose a topic you already know a lot about, write a book and publish it as an e-book through Amazon (or just sell it as a downloadable PDF on your… Read more →

Once you’ve got people on payroll, you may very quickly learn why some companies choose to provide cars for their employees. Sound expensive? Well, it might be. However, you may be surprised to learn that in some cases, it’s actually less expensive than the alternative. Let’s dig into the pros and cons of both options.

Pros:

You can take advantage of a slew of deductions including depreciation, maintenance, gasoline, tires and loan interest, just to name a few. We all love deductions, right? Any personal use is reported on the employee’s W-2 as taxable compensation. Insurance may be cheaper because businesses have a lot of discounts and special rates at their disposal. If you’re already providing company cars and not… Read more →

Sometimes, figuring out how to run a business and managing the ins and outs of the day-to-day tasks is completely overwhelming. This month, we want to take you back to basics as we focus on office infrastructure.

The first question that needs to be considered is whether you should work from home or if you’ll be better equipped to run your business in a traditional workspace. There are a lot of things you need to consider when making this choice. At first glance, it may seem that working from home is the best choice because, well, it’s free; however, while working from home is easy on your budget, it has its own set of unique challenges that may or may … Read more →

Get more information 888-5-TAXPLAN | Contact