Attorney Lucy Petry recently sat down with the Morning Dose of CW39 Houston to share practical tips and resources that taxpayers should be aware of before filing their taxes! Watch Lucy Petry on the Morning Dose: Read More
10 THINGS YOU CAN DO TO SAVE ON TAXES BEFORE THE END OF THE YEAR
Maximize your retirement contribution. If you have a 401K through your employer, contribute the most you can. At a minimum make your IRA contribution of $5,500 and unlike the 401K contribution, you have until April 15th to make this deposit. In most cases, these contributions reduce your taxable income and helps you prepare for retirement. Go to IRS.gov, to use their free “Withholding Calculator” to check that Read More
Tax Hacks: How to Reduce Your Business’s Tax Liabilities
Whether you’re looking to free up some money to market your business, plan for expansion, or put a little in your back pocket for a rainy day, there are plenty of smart ways for entrepreneurs and small business owners to save money. One way is to minimize your tax liabilities. Consider these tax tacks to make the most out of your business’ financial situation. 1) Choose the right business entity Don’t overlook Read More
Choices, Choices: Which Entity Is Right for Your Business?
When you’re starting a new business, it’s essential to choose the right business structure in order to meet your financial, operational, and aspirational goals. Let’s compare and contrast the different types of business entities and learn how they might work for you. Sole Proprietorship A sole proprietorship may be the simplest choice for a single business owner who wants to get started with a relatively easy Read More
