A.K. Burton PC

How Do LLC Tax Benefits Work? A Guide for Small Businesses

LLC Tax Benefits Guide for Small Businesses - MarketWatch Do you know all the LLC tax benefits available for your business? Here’s a guide for small companies explaining the benefits and your options.

Important Tax-Saving Tips for Small Business Owners

Tax-Saving Tips for Small Business Owners - business.com With new tax laws taking effect, follow these best practices to ensure your business is well positioned come tax time.

Successfully Living on One Income: 12 Tips and Strategies

Successfully Living on One Income: 12 Tips and Strategies The number of U.S. households with dual income has risen from 51.9% in 2010 to 53.3% in 2019. According to the Bureau of Labor Statistics, however, 61.1% of married couples with children have both parents working. At least one parent in 97.4% of married-couple families with children was employed in....

All of us at A.K. Burton, PC wish you a Happy Thanksgiving!

4 reasons why a dependent child should file an income tax return.

4 reasons why a dependent child should file an income tax return Learn when and how a dependent child would be required to file a tax return for income they've earned.

Need a new tax strategy? These money-saving tips taken by Dec 31 may help pad your pockets.

Need a new tax strategy? These money-saving tips taken by Dec 31 may help pad your pockets Take some time to check this list of things to do before Dec. 31 to save on your taxes, experts say.

Tax Tips for Single-Owner S Corporations

Tax Tips for Single-Owner S Corporations S corporations provide a variety of potential tax savings unavailable to sole proprietors or partners. As the only shareholder, you are free to set compensation and benefits in ways that maximize tax advantages without affecting the interests of others.

How often do most American businesses pay their employees?

How often do most American businesses pay their employees? As a small business owner, it’s up to you to learn how to do payroll and select the best pay period type for your employees. From daily and monthly to biweekly and semimonthly, employee pay periods can be tailored to meet the payroll needs of your team and business.

Our small business accounting and advisory services include:

1. All of our services are included on our Small Business, Sole Proprietorship, LLC, and Startups page AND
2. Assistance with due diligence on whether to buy a business at the stated offering price
3. Assistance with selling a business
4. Assistance with the loan procurement process

Call A.K. Burton, PC for a free consultation.

A.K. Burton, PC | CPA Bethesda We proudly provide personalized CPA services. A.K. Burton, PC, is a Certified Public Accounting Firm, serving small businesses and individuals for their entire life cycle from startup through termination or death. Our professional team of tax preparers, tax counselors, tax advisors and certified pub...

IRS announces new income tax brackets for 2024: What does that mean for you?

IRS announces new income tax brackets for 2024: What does that mean for you? The IRS has announced new income tax brackets for 2024. In a press release, the IRS described the 2024 tax year adjustments that will apply to income tax returns filed in 2025.

How do taxes for remote Americans work in 2023?

How do taxes for remote Americans work in 2023? - MediaFeed Remote work is more prevalent than ever, with nearly 60% of employees being able to work remotely at least part of the time, according to a …

Oh No You Didn’t! 4 Tips for Preventing Employee Accounting Fraud

How to Prevent Employee Accounting Fraud - business.com Employee accounting fraud is a possibility for any business. Learn how to prevent and mitigate employee fraud with these tips.

13 tax tips anyone self-employed should know.

13 tax tips anyone who's self-employed should know Tax season is an especially stressful time for small business owners. If you procrastinate on tax season preparation, it might be time to rethink your strategy. Preparing your books for tax season sooner rather than later relieves tax-related pressure and reveals opportunities for the year ahead.

7 Tax Mistakes People Almost Always Regret

7 Tax Mistakes People Almost Always Regret Uncle Sam isn't someone you want to mess with. Everyone has to pay taxes, but many people make missteps that can be costly in more ways than one. More: 7 Ways You're Accidentally Committing Tax...

Tax Opinions Prevent IRS Penalties and Seven Other Things to Know

Tax Opinions Prevent IRS Penalties, And Seven Other Things To Know Taxes are complex. Getting a tax opinion before you file your return can save you money and help you avoid an audit and penalties.

Tax Deductible Donations: Rules for Giving to Charity

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Charitable Donations and Tax Deductions: Rules for Giving to Charity - NerdWallet Tax deductible donations must meet certain guidelines to get a tax break for your good deed. Here’s how to make your charitable donations a little sweeter.

Procrastinating on Filing Your Tax Return? You’re Not Alone

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Smart Business Tax Preparation Tips April 15 approaches quickly, and many day-to-day decisions significantly impact your tax obligation. Follow these eight steps to stay on top of taxes.

Tax Advisor: Understanding Tax Implications of Remote Work

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Tax Implications of Remote Work | Bethesda MD | AK Burton PC A.K. Burton, PC, has experienced accountants who help with tax preparation and remote work. Call (301) 365-1974. We serve the Bethesda, and Rockville, MD area.

How to Reduce Your Business Tax Liability

How to Reduce Your Business Tax Liability Paying taxes is never fun, but there are steps you can take to reduce your business' tax liability. See our tips and answers to common tax questions.

Our small business accounting and advisory services include:
1. All of our services are included on our Small Business, Sole Proprietorship, LLC, and Startups page AND
2. Assistance with due diligence on whether to buy a business at the stated offering price
3. Assistance with selling a business
4. Assistance with the loan procurement process

Call A.K. Burton, PC for a free consultation. www.cpa-maryland.com

A.K. Burton, PC | CPA Bethesda We proudly provide personalized CPA services. A.K. Burton, PC, is a Certified Public Accounting Firm, serving small businesses and individuals for their entire life cycle from startup through termination or death. Our professional team of tax preparers, tax counselors, tax advisors and certified pub...

AIot of taxpayers have procrastinated’: As the 2022 income-tax season ends, make these 3 smart tax moves for the current year.

‘A Iot of taxpayers have procrastinated’: As the 2022 income-tax season ends, make these 3 smart tax moves for the current year Savvy year-end tax planning can maximize tax benefits and minimize tax bills.

Our small business accounting and advisory services include:

1. All of our services are included on our Small Business, Sole Proprietorship, LLC, and Startups page AND
2. Assistance with due diligence on whether to buy a business at the stated offering price
3. Assistance with selling a business
4. Assistance with the loan procurement process

Call A.K. Burton, PC for a free consultation. www.cpa-maryland.com

The Tax-Free Way to Rent Out Your Home

The Tax-Free Way to Rent Out Your Home The ‘Masters’ exemption’ isn’t just for property owners in Augusta.

13 tax tips anyone who's self-employed should know.

13 tax tips anyone who's self-employed should know Tax season is an especially stressful time for small business owners. If you procrastinate on tax season preparation, it might be time to rethink your strategy. Preparing your books for tax season sooner rather than later relieves tax-related pressure and reveals opportunities for the year ahead.

After your grief fades, what financial questions should you ask about your inheritance?

After your grief fades, what financial questions should you ask about your inheritance? Think through your financial options and life goals before making plans for your sudden wealth.

8 Tax Strategies Boomers Need To Know

8 Tax Strategies Boomers Need To Know Navigating the tax landscape is no small feat, especially when you're approaching or already in retirement and you want to make the most of your nest egg. Learn More: How To Avoid Paying Taxes on...

5 Small Business Tax Deductions

5 Small Business Tax Deductions Don't overlook these lucrative small business tax breaks.

How tax laws can help you if you're a victim of a hurricane, wildfire or other federally declared disaster.

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Freelance Taxes: What Every Freelancer Needs to Know

How to Pay Taxes as a Freelancer Freelancers are responsible for figuring out their own tax obligations and when to pay. Learn how to pay taxes as a freelancer.

8 Tax Strategies Boomers Need to Know

8 Tax Strategies Boomers Need To Know Navigating the tax landscape is no small feat, especially when you're approaching or already in retirement and you want to make the most of your nest egg. Learn More: How To Avoid Paying Taxes on...

Financial strategies that can help seniors grow their money.

Financial strategies that can help seniors grow their money Investing is often portrayed as something people need not worry about after retirement.

A.K. Burton has experienced lawyers and accountants on staff who can help you with the difficult but crucial decisions in your estate planning. From property to wills to probate to representation to the IRS, we will plan with you every step of the way.

Estate planning now means that your loved ones will have the knowledge and security that they are provided for when tragedy occurs. When your estate is settled, it will be just like you had planned.

Call A.K. Burton for a consultation.

13 tax tips anyone who's self-employed should know

13 tax tips anyone who's self-employed should know Tax season is an especially stressful time for small business owners. If you procrastinate on tax season preparation, it might be time to rethink your strategy. Preparing your books for tax season sooner rather than later relieves tax-related pressure and reveals opportunities for the year ahead.

How long to keep tax returns and records? Kiplinger Tax Letter

How long to keep tax returns and records? Kiplinger Tax Letter The answer depends on what type of document and the kinds of transactions you engage in.

Last Minute Tax Tips for Extension Filers

Last Minute Tax Tips for Extension Filers If you extended your tax return in April, it's due in October, and it’s time to deal with it. Here’s a few things to know as you gather your documents.

10 Tax Breaks for Retirees They May Not Know About

10 Tax Breaks for Retirees They May Not Know About – 24/7 Wall St. The IRS offers several tax deductions for seniors, but not everyone knows about them.

Don't leave money on the table. This small business tax deduction is more important than ever.

Don't Leave Money on the Table. This Small-Business Tax Deduction Is More Important Than Ever For many small businesses, the Section 179 tax deduction can impact the bottom line.

Our small business accounting and advisory services include:
1. All of our services are included on our Small Business, Sole Proprietorship, LLC, and Startups page AND
2. Assistance with due diligence on whether to buy a business at the stated offering price
3. Assistance with selling a business
4. Assistance with the loan procurement process

Call A.K. Burton, PC for a free consultation. www.cpa-maryland.com

Five Fall Tax Planning Tips for Freelancers

Five Fall Tax Planning Tips for Freelancers Tax planning might not be as fun as a last-minute summer getaway, but starting now can save you money later — especially if you're a freelancer.