Smart Tax Tips - The Full Content Library
Smart Tax Tips - Depreciation
Not sure if your tax person is doing this right? Or maybe you’re the tax person? Either way—if you’re not tracking fixed assets and depreciation correctly, you’re probably leaving money on the table. Let’s fix that. Unlock the basics of fixed assets & depreciation with Angi McClish, CPA/CFO.
Angi covers:
What counts as a fixed asset
How to record it on your books
The right way to depreciate it (for taxes and financial reports)
Smart Tax Tips - S-Corps
There’s a lot of hype online about switching to an S Corp—promises of massive tax savings and “must-do” advice. But is it really the right move for your business?
In this down-to-earth, practical webinar, Angi McClish, CPA, will walk you through exactly what you need to know to make the right decision for your situation!
She’ll cover:
How S Corp taxes compare to Sole Proprietorships, C Corps, and Partnerships
Whether becoming an S Corp will actually save you money
If the benefits are worth the added complexity
What annual requirements you’ll need to meet
Smart Tax Tips - Estimated Taxes
Learn the basics of estimated taxes, and why they’re important to you as a business owner.
Angi covers:
Due dates for estimated taxes
Safe harbors and effective planning
Strategies to avoid costly penalties
Key questions to ask your tax preparer
Smart tax Tips - Last Call for Write Offs
Learn some of the big write-off questions we get, like vehicle purchases, inventory, equipment, meals and entertainment, etc.
Angi covers:
Vehicle purchases: what qualifies and what doesn’t
Should you stock up on inventory before year end?
Equipment and asset deductions (Section 179 anyone?)
Meals and entertainment—what’s actually deductible
Timing purchases and expenses to maximize your write-offs
What not to do in a last-minute spending frenzy
Smart Tax Tips - Choice of Entity
Learn the most common entity types, including: Sole Proprietorships, Single-Member LLCs, Partnerships and Corporations (including S-Elections) and how to decide which one is the best for your business.
Angi covers:
Different entity types
Which entity is best for your specific industry
If the benefits are worth the added complexity
What annual requirements you’ll need to meet
Smart Tax Tips - Year End (Q4) Tax Planning
Need to plan for expenses before 12/31? Considering becoming an S-Corp? Have questions you want to ask your tax preparer? We’ve got you covered! Unlock the Basics of Year-End Tax Planning in Q4.
Angi covers:
How to plan for expenses
Proper tax preparation and expense planning
The requirements for becoming an S-election
What to ask your tax preparer
Smart Tax Tips - Tax Planning in January
Gain insight on strategic actions you can take before the filing season kicks into high gear, ensuring you maximize your deductions and optimize your finances!
Angi covers:
Deductions you may have missed that are worth double-checking
What documents should be ready for your CPA
What NOT to do in a rush
How to clean up any loose ends
Common errors that slow filing or raise audit risks
What reports matter most and what can be ignored
