Top Three Takeaways • Franchise tax will only be calculated based on a taxpayer’s apportioned net worth (assets minus liabilities) for tax years ending on or after January 1, 2024.• Taxpayers can request refunds for tax returns filed on or after January 1, 2021, based...
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We cover topics related to what growing businesses need to succeed, including fundraising, tax savings, and financial performance.
Maximizing Your Mileage: Understanding Car Mileage Tax Deductions
If you're a small business owner or self-employed individual who uses your car for work-related purposes, you may be eligible to claim car mileage tax deductions. Understanding how mileage deductions work can help you maximize your tax savings and effectively manage...