Tax Hive Blog

Enjoy these timely and informative articles that can help you make informed decisions about your business.

5 Estate Planning Basics to Get Started
5 Estate Planning Basics to Get Started
Investopedia defines estate planning this way: “Estate planning is the preparation of tasks that serve to manage an individual's asset base …
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New 2021 IRS Announcements - Changes in Revenue Procedures
New 2021 IRS Announcements - Changes in Revenue Procedures
Tax rules and procedures are constantly changing. Generally, the only people who can keep up with them are those who provide tax advice and …
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Freelancing in Post COVID-19: Income & Tax Opportunities
Freelancing in Post COVID-19: Income & Tax Opportunities
Why is there unlimited opportunity for the remote freelancer in the new world of pandemic shutdowns and limitations? Consider what has been …
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Is Your Business Website Failing to Deliver Customers and Sales?
Is Your Business Website Failing to Deliver Customers and Sales?
No matter what business you are in, if you have a website and believe that it should be a benefit and deliver prospects or sales to the busi …
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7 Tips for End-of-Year Business Tax Savings
7 Tips for End-of-Year Business Tax Savings
With the end of the year approaching, small businesses should look at their current tax situation and possibly take action to minimize tax l …
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Running a Small Business as a Sole Operator
Running a Small Business as a Sole Operator
Freelancing, working as a sole proprietor, and often working from home are becoming more common every day. Post COVID-19, major corporations …
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Why the Tax Code was Written to Benefit Business Owners
Why the Tax Code was Written to Benefit Business Owners
To begin, a couple of presidential quotes about small business can set the stage for a discussion of the value of tax breaks for business:“T …
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Why a Every Business Owner Should Have a Qualified Retirement Plan
Why a Every Business Owner Should Have a Qualified Retirement Plan
Unlike a non-qualified plan, a QRP, Qualified Retirement Plan, under Section 401(a) of the Internal Revenue Code, is eligible for certain sp …
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When Should I Call My Tax Team for Advice?
When Should I Call My Tax Team for Advice?
When starting a business, it is considered critical to work with tax and accounting teams to set it up properly. You also want to consult wi …
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