Should You Choose a Friend to be Your Business Partner?
Planning to start a business partnership with a friend? Prudence demands looking at the pitfalls - as well as the potential strengths -...
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THE SUPREME BLOG
Our mission is to not only help people get better tax returns or start their businesses but also to empower our clients with the knowledge and guidance to make smart financial and business decisions all year long. Take a look at some of our recent articles on taxes and business below!
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Onyia Ali
- Nov 18, 2021
- 1 min
Turning Your Hobby Into a Business
You’ve loved dogs all your life so you decide to start a dog breeding and training business. Turning your hobby into a business can...
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Evan Jones
- Nov 18, 2021
- 2 min
Starting a Business? Avoid the Common Pitfalls
If you start your own business, improve your chances for success by avoiding these common pitfalls. Lack of money. You'll probably need...
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Evan Jones
- Nov 18, 2021
- 1 min
Should you Incorporate your Business?
If you're a sole proprietor, you have probably wondered at some point whether you'd be better off if you incorporated your business. Here...
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Evan Jones
- Nov 18, 2021
- 2 min
Recordkeeping Requirements for Business
What records should your business keep, and how long should you keep them? There are several categories of records that are important to...
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Evan Jones
- Nov 18, 2021
- 2 min
DO NOT MISS the Small Business Filing Deadline
If you own your own business or have a side business in addition to your regular job, you may need to send out several IRS forms by Jan....
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Evan Jones
- Nov 18, 2021
- 2 min
Tips to Maximize Your Mileage Deduction
Each year standard mileage rates for business travel, medical driving, moving mileage and mileage rates for charitable driving are set by...
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Evan Jones
- Nov 18, 2021
- 2 min
Postpone Taxes by Exchanging Property
The tax law provides a valuable tax-saving opportunity to business owners and real estate investors who want to sell property and acquire...
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Evan Jones
- Nov 18, 2021
- 2 min
Five Big Tax Mistakes
Every year taxpayers are hit with tax surprises that could be avoided if they just knew the rules. Here are five big ones that are easy...
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Evan Jones
- Nov 18, 2021
- 2 min
Income the IRS Can't Touch
Wouldn't it be nice to have a source of nontaxable income? You may be more fortunate than you realize. Listed here are a number of income...
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