(608) 221-2332

Blog

The 3 Tax Extenders that Could Save You Money

As part of the Appropriations Act of 2020 that was signed into effect at the end of 2019, several tax laws were extended (sometimes called the “extenders”) that had previously expired on December 31, 2017. Three of the more common tax items that were extended include...

Client Feature: Dick Powell of Powell Petroleum

A look into the past, present, and future of a successful and dedicated entrepreneur  A Look into the Past  One decision can change everything, and for Dick Powell, it did.  Dick grew up in an entrepreneurial household with a father who worked full-time as a farmer...

I Can’t Afford My Tax Bill, What Now?

When tax time rolls around, you may be wondering, “what happens if I can’t afford my tax bill?” Perhaps you file on time but know you won’t be able to pay your bill in full. Or, maybe you weren’t expecting a tax bill at all and don’t have enough money saved to pay. If...

A Guide to Tax Deductions & 3 Common Deductions to Take

When tax time rolls around and your bill starts adding up, tax deductions can be a big money saver. As long as you know what they are and how to take advantage of them. Here’s a quick guide to tax deductions and the three most common deductions to take. What is a Tax...

End-of-Year Tax Tips for Businesses

December is known for its celebrations, reflections, and planning. If you’re a business owner, you’re likely setting revenue goals for next year, buying holiday gifts, and planning out any big purchases or investments. As you close out your books for the calendar...

Tax Tips for Major Life Changes

Generally, it’s rare for people to think about their taxes when major life changes occur, and understandably so. Paperwork is the farthest thing from the minds of those who just got married, had a baby, or bought their first home. Though your tax filing status or the...

Tips for Planning Your 2020 Business Strategy

One of the biggest mistakes business owners can make is not dedicating enough time for business strategy and future planning. When this happens, companies miss out on opportunities to protect their revenue and maximize their growth. By taking a step back, reviewing...

Client Spotlight: Majestic Floors and More, LLC

We are excited to introduce the latest monthly addition to our blog: Client Spotlights, where we highlight one of our clients and share their successes and any recent accomplishments. This month, we’re pleased to spotlight Majestic Floors and More, LLC, who are...

Time of the Season: Withholding Checkup

Why you need to adjust your tax withholding now Withholding taxes from your paycheck correctly can be a tricky process – if you withhold too little, you receive a bill at the end of tax season (one that, statistically, only 40% of Americans can afford to pay)....