Author: taxsecretsblog

If you’re the driving force behind a small or medium-sized business, you know that cash flow is the lifeline of your operations. Yet, in the daily whirlwind, an incredible opportunity often gets overlooked—tax credits. These aren’t just numbers on a financial statement; they’re transformative tools

The holidays are right around the corner, and while the festivities bring joy, they can also bring financial stress if you’re not careful. With a bit of proactive planning in November, you can sidestep that dreaded January credit card bill and truly enjoy the season.

In the world of the ultra-wealthy, art is more than just an aesthetic pleasure or a cultural investment—it’s a clever tax-saving strategy. As Roman so memorably quips in HBO's Succession, Logan Roy had "like three Gaugins no one has ever seen" hidden in vaults for

In a bold move to preserve California’s status as a global entertainment hub, Governor Gavin Newsom is proposing a major expansion to the state’s film and television tax incentives. Shows like MasterChef, Supergirl, and The Kelly Clarkson Show have all relocated production to other states, attracted

As a baby boomer, you may find yourself approaching retirement with less savings than you'd hoped. Whether due to economic fluctuations, personal circumstances, or simply the demands of life, many late starters face this challenge. However, it’s never too late to take action. Here are

November 12 - Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during October 2024, you are required to report them to your employer on IRS Form 4070 no later than November 12. Your

Tax avoidance is a tale as old as, well, taxes themselves, with individuals and companies constantly seeking creative (and often strange) ways to reduce their liabilities. While most of us rely on accountants to help find wholly legal deductions, some schemes venture into truly bizarre

October 10 - Report Tips to Employer If you are an employee who works for tips and received more than $20 in tips during September, you are required to report them to your employer on IRS Form 4070 no later than October 10. Your employer

Have you ever dreamed of seeing the world on your employer’s dime? If so, Emirates’ latest hiring spree could be the answer you’ve been looking for. Emirates, the world-renowned airline based in Dubai, is making waves with its latest hiring campaign, particularly targeting Australian candidates.

The esports and gaming industry has skyrocketed into the spotlight, quickly becoming a lucrative sector with a global following. What started as a niche hobby has transformed into a multi-billion-dollar industry, captivating audiences and players alike. With blockbuster tournaments, sponsorships, and streaming revenues, the financial