18 episodes
Keeping You In The Know With Tax Tips for Small Business Owners LaToya L. Wallace
-
- Business
A graduate of Governor’s State University, LaToya holds a Bachelor of Science degree in Accounting. Her career in tax preparation and accounting spans well over 15 years. Not only does she have several certifications in federal and state taxes, but she is pursuing her Master’s in taxation.
She has served in several industries throughout her career as a corporate accountant which includes banking, International trading, logistics, health information management. LaToya has also worked as a finance accountant for over 10 years for a non for profit organization she currently attends. It was not Support this podcast: https://podcasters.spotify.com/pod/show/latoya-l-wallace/support
-
The Difference Between Tax Deductions & Tax Credits
Happy Tax Tip Tuesday!!!
Business tax credits and tax deductions can both help reduce your tax liability, but they work in different ways. Here's the difference.
1. Business tax credits: directly lower your tax bill by the amount of the credit.
2. Business tax deductions: reduce your total taxable income.
The main benefit of business tax credits and deductions is to reduce your tax liability, which can help increase your cash flow and lower your tax bill.
This can be especially helpful for small businesses or startups operating on tight margins.
Additionally, tax credits and deductions can incentivize certain behaviors, such as providing health insurance to employees or investing in renewable energy.
---
Support this podcast: https://podcasters.spotify.com/pod/show/latoya-l-wallace/support -
Tax Benefits of Hiring your Kid
I'm back!!!! It's been a while, but your girl is back. Today, I am sharing 5 to know when you are hiring your kid.
---
Support this podcast: https://podcasters.spotify.com/pod/show/latoya-l-wallace/support -
Hiding Tax Saving GEM ‼
Are you a real estate investor? Do you know what category you fall in as an investor? Are you maximizing in tax savings as an Investor.
Listen this one tax strategy can change the game for you forever.
---
Support this podcast: https://podcasters.spotify.com/pod/show/latoya-l-wallace/support -
3 Tax Tips for New Small Business Owners
Less stress come tax filing season when you implement these 3 tax tips...
---
Support this podcast: https://podcasters.spotify.com/pod/show/latoya-l-wallace/support -
"Keeping you in the know
---
Support this podcast: https://podcasters.spotify.com/pod/show/latoya-l-wallace/support -
Mistakes small businesses make during tax season.
Let's talk about common mistakes small businesses make during tax season. Although there are many we are going to talk about what I believe are the two biggest.
---
Support this podcast: https://podcasters.spotify.com/pod/show/latoya-l-wallace/support