The holidays are suddenly upon us and we are just days away from the close of another year. But although 2015 is almost in the history books, there are still some ways you can reduce your tax liability and improve your overall financial picture heading into the New Year. Here are five tax planning strategies […]
Five End of Year Tax Planning Strategies Read More »
Downtown Mesa will be buzzing with activity with the return of Mesa’s celebration of Mesa Arts & Crafts Festival (MACFest). MACFest is a free event for the public featuring unique artist creations, music, and fun for the whole family. The Mission of Mesa Arts and Crafts Festival (MACFest ) is to provide an environment that encourages
Mesa Arts and Crafts Festival – Mesa AZ Read More »
The IRS recently announced cost of living (COLA) inflation adjustments for over 50 tax provisions, which include pension plans, tax rate schedules and other changes. Because food and fuel are no longer factored into the calculation, the inflation rate is still relatively low, triggering only minor COLA adjustments, with some areas of the tax code
IRS Announces Cost of Living Adjustments for 2016 Tax Year Read More »
When starting a small business, it is important to carefully consider which type of entity you want to operate under. There are several options; including sole proprietorships, partnerships, limited liability companies (LLCs) and corporations. If you decide to go with a corporation, it can be set up as a C-Corporation or S-Corporation. C-Corps and S-Corps
S-Corp vs. C-Corp: Which Entity is Right for My Business? Read More »
If you own a small business, it is likely one of your biggest (if not your biggest) asset. If you are thinking about selling your business, you need to put a lot of thought and pre-planning into the endeavor to ensure a smooth and successful transaction. There are numerous variables involved with a business sale
Important Considerations When Selling a Small Business Read More »
Join us for a morning of strategic collaboration and information on how to increase revenue at your healthcare practice. Today’s complex business and regulatory environment causes an ever-increasing demand on healthcare practices. It’s important for you to find ways to optimize the revenue, profitability, and value of your practice in order to maintain a competitive
Healthcare Practice Management Seminar Read More »
Entrepreneurs and small business owners have several deductions available to reduce their overall tax burden. This is especially important for smaller businesses, many of who are struggling to stay viable in today’s highly competitive marketplace. There are some deductions that many business owners fail to take advantage of. Here are four small business tax reduction
Four Often Overlooked Tax Reduction Strategies for Small Businesses Read More »
Entrepreneurs and small business owners have several choices for what type of retirement plan they want to set up. For those that are successful, it often comes down to a choice between the self-employed (SEP) IRA and a solo 401K. Both allow participants to contribute a generous amount each year (up to $53,000 for 2015).
The Differences Between SEP IRA and Solo 401K Read More »
BASC Expertise is honored to have won this award 3 years in a row. Please help us to win in 2015 by voting for us by clicking the Vote For Us button below: BASC Expertise strives to create year-round relationships with business owners and helps them understand how finance-related decisions can impact their businesses.
Vote for BASC in Kudzu’s Best of 2015 Contest Read More »
A provision of the Affordable Care Act of 2010 (A.K.A Obamacare) affecting employers with 50 or more full-time employees goes into effect in 2015 and must be reported during the 2016 tax filing season. The IRS is requiring “applicable large employers” to report information on the health coverage they offered (or failed to offer) to
ACA Reporting for Applicable Employers Begins This Year Read More »
