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Archives for November 2023

Six Tax-planning Strategies for High-Income Earners

November 24, 2023 by Nick Magone, CPA, CGMA, CFP®

Whether you’ve successfully started a business or paid your dues to climb the corporate ladder, you’ve put in the hours and made sacrifices to find yourself among the ranks of high-income earners. But with great success comes great responsibility, particularly when it comes to managing your taxes. As a high-income earner, you have unique opportunities […]

Filed Under: Finances, Tax Tips for Individuals

6 Financial Faux Pas for Small Business Owners

November 10, 2023 by Nick Magone, CPA, CGMA, CFP®

Fifty percent of small businesses fail within five years. Now, that’s a troubling statistic. What goes wrong? Are you making missteps that could lead to financial failure? Find out the top financial mistakes that are all too common for small businesses — so you can ensure that you’re not caught in the same painful cycle. Mistake […]

Filed Under: Business Taxes, Small Business

Year-end Tax Planning for Individuals

November 9, 2023 by Nick Magone, CPA, CGMA, CFP®

The year-end is approaching and that means holidays, New Year’s resolutions and tying up loose ends before kicking off 2024. While it’s a busy time of year, it’s also a good time to take action to help lower your tax bill. We’ve compiled a list of strategic moves based on current tax rules that may help […]

Filed Under: Tax Tips for Individuals

Year-end Tax Planning for Small Businesses

November 6, 2023 by Nick Magone, CPA, CGMA, CFP®

The year-end is a busy time for small businesses — from finalizing your books to forecasting for the year ahead. But it’s also a key time to take action to help lower your taxes. Read on for tax-saving strategies that may help your business save this year and next: Did you know that taxpayers (excluding […]

Filed Under: Small Business

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