Mar 30, 2023 | Personal Financial Planning, Tax News
The first tip is to always question where you are planning to get your advice from when it comes to tax and finance tips for seniors. There are a lot of scams out there — from incompetent and so-called experts to downright crooked “professionals.” So...
Mar 28, 2023 | Uncategorized
In a nutshell, according to the SBA, the HUBZone program fuels small business growth in historically underutilized business zones. The idea is to award at least 3% of federal contract dollars to eligible companies each year. To help small businesses, the government...
Mar 23, 2023 | Business Planning, Closely Held Business, Tax News
S corporations allow the business to pass corporate income, losses, deductions and credits through to their shareholders for federal tax purposes. But with those great advantages come many rules, including those related to compensation. Shareholder-employees may think...
Mar 21, 2023 | Business Planning, Closely Held Business, Tax News
The IRS explains that the excise tax is an indirect tax on specific goods, services and activities. The federal government typically imposes an excise tax on the sale of things like fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires,...
Mar 14, 2023 | MCB Happenings
Matthews, Carter & Boyce is pleased to announce the firm has been named as one of Washington Business Journal’s largest accounting firms in Greater Washington. MCB’s ranking was #24, making it a Top 25 firm in the region. This survey and awards program is designed...