Understanding the differences between tax preparation and tax advisory services is crucial for effectively managing your business’s finances. While both services play important roles in your overall financial strategy, choosing the right approach can have …
Staying ahead of your tax obligations and minimizing surprises is crucial for any business owner. One effective strategy to achieve this is by making quarterly tax payments. This proactive approach not only ensures compliance with …
At Goodman CPA, we know that tax advisory can be complex and sometimes overwhelming. That’s why we’re here to address your most pressing questions and help you understand how tax advisory services can benefit your …
Generating tax-free income is a dream for many business owners, and the Augusta Strategy offers a unique opportunity to achieve this by renting your residence to your business. Named after the Masters Golf Tournament held …
As a professional, you have the opportunity to save significantly on taxes through the home gain exclusion when selling your primary residence. This strategy allows you to exclude a large portion of the gains from …
For real estate investors, the 1031 exchange is a powerful tool to defer capital gains taxes and boost portfolio growth. This strategy allows you to reinvest the proceeds from a property sale into a like-kind …
Improving cash flow and saving on taxes is a priority for any business. One effective strategy to achieve these goals is through accountable plan reimbursements. Let’s explore how this approach benefits your business and provides …
Rewarding your employees not only boosts morale but can also provide significant tax savings for your business. By optimizing achievement awards and bonuses, you can show appreciation for your team while maximizing your tax benefits. …
Hiring family members in your business can provide substantial tax benefits. This strategy not only helps reduce your taxable income but also allows your family to gain valuable work experience. Let’s explore how employing your …
At Goodman CPA, we understand the importance of maximizing your tax savings so you can reinvest in your business and fulfill your God-given purpose. One of the most effective strategies we recommend to our clients …
With experience in the hospitality and food industries, Alexandra knows how to provide excellent client service. She brings her organizational abilities to bear for the firm with client relationship management and communications.
Stay up to date on changing tax laws and get financial insights and tax savings strategies to help you grow your business!