Tax season is slowly approaching, and as a small business owner, you’ve probably spent some time contemplating whether to do your business taxes yourself or hire a professional. It’s also likely you’ve wondered why it would be valuable to work with a professional when...

The Tax Cuts and Jobs Act (TCJA) is now in full force and has made significant changes to the U.S. tax code for both individuals and businesses since it was signed by President Trump on December 22, 2017. Though we’ve been living with the major reform for several...

As a nation over a quarter of us procrastinate when it comes to tax season, stalling until the last couple of weeks to prepare taxes before the deadline. For those who missed the April 17 Tax Day deadline altogether, here’s what you can still do. If you requested an...

There will always be a crowd of taxpayers who wait until the last minute in April to file federal income tax returns. While there are benefits such as receiving your tax refunds faster, there are other helpful perks to submitting your taxes as soon as possible...

By now you have most likely heard that President Trump signed the Tax Cuts and Jobs Act on December 22, 2017.  Most of the conversation regarding the new law has revolved around the changes to personal tax rates and deductions. You may have also heard about the...

Autumn. The leaves are turning, the air is getting cooler, and pumpkin lattes are in every cafe in sight. The year is starting to wind down and you might be feeling behind on your small business tax preparation. As the end of year approaches, it’s important to get...

The DMA Tax & Accounting team works with numbers everyday, but when our staff recently realized we are officially celebrating 10 years as DMA this month, it made us sit back and think about what it means to be able to serve our clients for that amount of time. DMA...

If you own or lead a business and you are planning to host a party or picnic for your employees this summer, you are probably simply hoping it will be a fun way to bring your staff together. But, you may also be able to take a large or full tax deduction for the...

Owners of small businesses have many hats to wear. You may be salesman, operations manager, credit and collections manager and financial officer all in one business day or even hour. Some small business owners are happy with this as they have control over all aspects...