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Self-Employed? You May Be Able to Save Money on Taxes by Deducting Travel Expenses
7Nov
Self-Employed? You May Be Able to Save Money on Taxes by Deducting Travel Expenses
Welcome to inDinero’s Pot of Gold. In this series, you’ll learn quick, actionable tips to protect and build your company’s capital and personal finances. Whether your “pot of gold” is figurative or literal, these tactics will better enable you to maximize your wealth.
Use a Backdoor Roth IRA to Build Tax-Free Savings
1Nov
Use a Backdoor Roth IRA to Build Tax-Free Savings
Learn how you can maximize your retirement savings through a handy accounting maneuver known as the “backdoor Roth.”
Why Net Operating Losses are Valuable but Limited
24Oct
Why Net Operating Losses are Valuable but Limited
For C-Corporations, understanding how Net Operating Losses and a 382 limitation work could mean thousands of dollars in tax savings for your business.
Should You Convert Your Company to a C Corp?
21Oct
Should You Convert Your Company to a C Corp?
Some companies are better equipped than others for growth. The difference can come down to something as seemingly simple as business structure—not leadership vision, not go-to-market strategy, but the details of an incorporation document.
What Should You Do If You Get Audited By the IRS?
8Oct
What Should You Do If You Get Audited By the IRS?
Like getting struck by lightning or dying in a plane crash, an Internal Revenue Service audit is as terrifying as it is unlikely.
Save on Capital Gains Taxes With an 83(b) Election
27Sep
Save on Capital Gains Taxes With an 83(b) Election
Love money? So do we. In fact, you could say money is what we’re all about. At inDinero, we’ve made it our mission to help businesses like yours save and make money at every opportunity— with smart bookkeeping, accounting, and tax strategies.
When are 2019 Tax Returns Due? Every Date You Need to File Business Taxes in 2020
16Sep
When are 2019 Tax Returns Due? Every Date You Need to File Business Taxes in 2020
If you're filing a 2019 business tax return in 2020, be sure you know which due dates and deadlines your business will need to hit.
Is Outsourced Accounting Worth the Cost?
10Sep
Is Outsourced Accounting Worth the Cost?
Startup founders hate accounting and tax filing. Learn how outsourced accounting actually saves you time and money in the long run.
5 Common Ways Small Businesses Screw Up When Filing Their Taxes
30Jan
5 Common Ways Small Businesses Screw Up When Filing Their Taxes
These 5 mistakes are just a few of the potential errors business owners make when they attempt to manage their taxes without professional support.
4 Tax Act Changes That Affect Business Owners in 2018
16Nov
4 Tax Act Changes That Affect Business Owners in 2018
The 2018 tax law changes are extensive and confusing. We broke down the top 4 changes that will impact your return and what to do to maximize your savings.
Start Hiring Sooner—the IRS Will Pay You To Do It
7Sep
Start Hiring Sooner—the IRS Will Pay You To Do It
Hiring? If you run a startup, you probably should be. Job growth is up, unemployment is down, and our country’s already competitive labor market is on track to tighten even further in the coming months.
What Could Your Startup Accomplish With an Extra $250K in 2019?
16Aug
What Could Your Startup Accomplish With an Extra $250K in 2019?
A quarter of a million dollars could transform your startup. Or it could buy you a vintage Taco Bell hot sauce packet. No joke—as of this writing, that is a genuine listing on eBay: one unopened pouch of Taco Bell hot sauce, circa 1984–1992, priced at exactly $250,000.
How Founders Can Prioritize Spending to Maximize Business Growth
10Aug
How Founders Can Prioritize Spending to Maximize Business Growth
Founder of Amazon, Jeff Bezos, says, “We cannot be in survival mode. We have to be in growth mode.” Any business must be growing to survive and flourish, especially in its initial years.
Why Location Matters When Filing Business Taxes
20Jul
Why Location Matters When Filing Business Taxes
Where you do business says a lot about your company. If you’re a clothing shop in Waikiki, you probably have to keep your bikinis and boardshorts stocked all year round.
Examples of R&D Tax Credit Qualified Research Expenses
29Jun
Examples of R&D Tax Credit Qualified Research Expenses
One of the most momentous parts of business is nailing down what makes your product or service different.