Going through a divorce can be a devastating process. One thing that can make the process even more excruciating is to have built your small business from the ground up and knowing that it is considered an asset that will be divvied up with your former spouse. If you aren’t careful, you can also end…
If you are like most people, when you lose someone you love, the last thing that is on your mind is what to do about paying taxes for that person. However, when tax season comes around, this is something that needs to be addressed and can leave those left behind wondering what to do about…
If you are getting ready to hire an employee, you want to make sure you aren’t going to invest a significant amount of money into training and hiring them to find that they turn around and leave you high and dry. These kinds of situations can totally be avoided when you use a written employment…
There are many major life events that are exciting and even sometimes terrifying. Any way you cut the cake, anytime you are going through something life changing, it can be all encompassing. Not only do these events change your life, but they can also change your finances and your taxes as well. Mark Dicus &…
The year 2020 has been challenging. With unemployment at an all-time high and many businesses struggling to survive, the last thing we need to worry about is changing tax laws. While it’s certainly true that most changes in tax laws don’t typically benefit taxpayers, there are some changes that you could find beneficial this tax…
With the end of the year quickly approached, there is no better time than now to think about ways to lower your tax bill. As you plan for the end of the year, you will also be reflecting on how the pandemic has affected your business finances. There are several new tax rules that you…
With all the challenges that we have faced this last year, it leaves many people in a completely different financial situation than they were in at the beginning of the year. COVID-19 has been devastating for many people and could leave them wondering where that leaves them as far as their taxes go. Mark Dicus…
When COVID-19 took over the country this last March, kids and parents alike were required to stay home from school and work unless your job was deemed essential. The burden it placed on families has been outstanding. Here we are now in the middle of a new school year and many children are still at…
For any business that sells products or materials should know about Contribution Margin. Understanding how contribution margins work can help a business not just break even, they can make a profit. A business should not lose money selling products or only break even. A business cannot thrive on those principles. Mark Dicus & Company would…
For most people, any mention of the IRS just fills them full of dread. No matter how much you dread any contact with the IRS, there are certain situations that their contact can work to your benefit. For instance, this spring, there were checks and cards that were loaded with COVID-19 relief funds. The only…
