tax

Estimated Taxes Due? How to Avoid Penalties and Keep Your Cash

Running a business or working as a self-employed professional brings with it a plethora of responsibilities, not least among them being understanding and managing your tax obligations. One crucial aspect that often poses challenges is the payment of estimated taxes. Failing to make these payments, or underpaying, can lead to unnecessary penalties, disrupting your financial […]

Estimated Taxes Due? How to Avoid Penalties and Keep Your Cash Read More »

The Three Martini Lunch Rule

Did you know that the Three Martini Lunch Rule ends on January 1, 2023? ???????????? A benefit from the The Consolidated Appropriations Act, 100% of restaurant meals have been temporarily deductible since 2021, ending in 2023 when we’ll return to having both 50% and 100% deductible meals. What’s the difference between the two for your

The Three Martini Lunch Rule Read More »

Specialty Bookkeepers and Tax Salt Lake City Utah