by Elizabeth Melendez | Jul 15, 2026 | Uncategorized
Quick Answer: In 2026, small business owners can instantly write off the full cost of qualifying equipment, software, and vehicles by pairing the increased Section 179 deduction limit of $2,560,000 with the newly reinstated 100% Bonus Depreciation framework. To...
by Elizabeth Melendez | Jul 8, 2026 | Uncategorized
Quick Answer: A midyear review of small business profitability is a strategic financial assessment that compares your year-to-date revenue and expenses against your initial annual goals. Doing this diagnostic check in June or July allows business owners to stop...
by Elizabeth Melendez | Jun 5, 2021 | TaxBiz
It’s no secret that for many people who get in hot water with the IRS, a very common reason is payroll taxes. For many, they aren’t filing properly, “assuming” that their bookkeeper is handling it or their payroll software. But that isn’t...
by Elizabeth Melendez | Jun 5, 2021 | TaxBiz
Let’s address an unfortunate reality: As a business owner, you have a greater number of tax reporting obligations than a regular person has. (Of course, you have MANY more tax-savings opportunities as well.) But with those increased obligations comes increased...
by Elizabeth Melendez | Jun 5, 2021 | TaxBiz
Today, let’s reach for some small business tips you should be taking away from this past season. As Plymouth business owners, we always need to be ready to adapt to changing times — this time around change just happened to come … faster. So, what...
