Books Blog / Taxes

3 Tips to Make Tax Preparation a Breeze with Your CPA

4 MIN READ Tax season is here, and advisors are starting to take a more detailed look at their books in preparation for filing and sending financial statements to their tax...

5 Bookkeeping Items to Double-Check Before Finalizing Your Tax Return

3 MIN READ Getting ready to finalize your tax return? STOP! Before you call it done, double-check these five things to make sure your return is really ready to be filed. #1. Are...

1099 FAQs: What Small Business Owners Need to Know

Click here to find an updated version of this blog. Here at XYPN Books, we receive a lot of questions from small business owners about 1099s. A LOT. And we’re happy to answer...

10 Changes to the Tax Law That Could Affect Your 2018 Tax Return

5 MIN READ The Tax Cuts and Jobs Act (TCJA)—the largest piece of tax reform legislation in more than 30 years—went into effect on January 1, 2018, enacting sweeping changes that...

10 Tips for Managing Your Cash Flow

5 MIN READ With all of the expenses of running a business, from tech and software subscriptions to travel costs to operational overhead, it’s no wonder some businesses are...

Understanding the Tax Benefits of Investing in Opportunity Zones

4.5 MIN READ The Tax Cuts and Jobs Act introduced a host of transformative changes of varying significance, largely changing the way many businesses view and handle their taxes....

Understanding Depreciation and Amortization

4.5 MIN READ With tax season just around the corner, many people will talk with their CPAs and tax planners to see if any last-minute changes should be made to minimize the tax...

The Home Office Deduction for Small Businesses

4 MIN READ With an ever-growing focus on work/life balance, more and more workers are making the transition from working in the office to working from home. In this new age of the...

Should You Be Making Estimated Tax Payments?

5 MIN READ Should you be making estimated tax payments? Hard tellin’, not knowin’. Fortunately there are a few quick checks to help determine if you should fork over some money to...

Deducting Charitable Contributions: A Guide for Small Businesses

3 MIN READ Giving to charity sure does feel good. Just ask the 75% of small businesses that donate to charities each year. But, as a business, it might feel even better if you...