Small Business Tax Savings Podcast | Jetro And Associates

Send us a textLast week we talked about the importance of bookkeeping and this week I want to expand on the software options that are solid and on the market today. Software Options Discussed: Quickbooks Online, Xero, and WavePodcast Host: Mike Jesowshek CPA, from JETRO and AssociatesTo find out more on this topic and many others visit our website at www.JETROTax.com.You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com.We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year.  We have been taking care of hundreds business owners across the country since the firm began. To keep things simple we have created pre-built packages and pricing so there are never any surprises.  

Send us a textYou can help alleviate tax anxiety by keeping up with your bookkeeping and reviewing your work on a regular basis.  The act of bookkeeping can also be useful for many reasons other than just tax season. This episode is chalked full with tips and trick to alleviate that bookkeeping stress as a business owner.Podcast Host: Mike Jesowshek CPA, from JETRO and AssociatesTo find out more on this topic and many others visit our website at www.JETROTax.com.You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com.We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year.  We have been taking care of hundreds business owners across the country since the firm began. To keep things simple we have created pre-built packages and pricing so there are never any surprises.  

Send us a textOwner draws and dividends for pass through entities do not have an effect on your taxable income, your taxable income will strictly be your profit from the business regardless of those personal transactions.Podcast Host: Mike Jesowshek CPA, from JETRO and AssociatesTo find out more on this topic and many others visit our website at www.JETROTax.com.You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com.We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year.  We have been taking care of hundreds business owners across the country since the firm began. To keep things simple we have created pre-built packages and pricing so there are never any surprises.  

Send us a textThe Tax Cuts and Jobs Act was passed all the way back in December of 2017.  However, 2018 is the first year that you will start to see some of the effects from it.  In this episode we do a quick summary of some of the major changes that you will start to see on your return this year.Podcast Host: Mike Jesowshek CPA, from JETRO and AssociatesTo find out more on this topic and many others visit our website at www.JETROTax.com.You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com.We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year.  We have been taking care of hundreds business owners across the country since the firm began. To keep things simple we have created pre-built packages and pricing so there are never any surprises.  

Send us a textWelcome to 2019! In this weeks episode we will be discussing items that you can take care of now, early in tax season, that will leave you fully prepared for tax preparation and filing.Podcast Host: Mike Jesowshek CPA, from JETRO and AssociatesTo find out more on this topic and many others visit our website at www.JETROTax.com.You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com.We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t.

Send us a textYear-end is here!  Get a refresher of some last final minute items you might want to consider for 2018.Podcast Host: Mike Jesowshek CPA, from JETRO and Associates To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t.

Send us a textAs we get closer to year-end you might want to consider a SEP IRA or Solo 401k for your S Corporation. In this episode we will breakdown the essentials you need to know and consider as we enter year-end.Podcast Host: Mike Jesowshek CPA, from JETRO and Associates To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t.

Send us a textGuest Hots: This episode will be talking about the basics of life insurance for not only business owners but individuals alike. Podcast Host: Mike Jesowshek CPA, from JETRO and Associates Guest Hosts: Raymond Chip Lambert & Mitchell Heberer To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t.

Send us a textS Corporation officers must be paid a reasonable salary. This salary must be completed by the end of the year so if you are a S-Corp business owner that has not processed a reasonable salary yet or need to make an increase to reach the reasonable salary amount, it is important that it is done before December 31.Podcast Host: Mike Jesowshek CPA, from JETRO and Associates To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t.

Send us a textIn order to be able to deduct self-employed health insurance you have to be reporting it correctly. This is different for sole proprietors and S Corporations. In this episode we will be talking about non only self-employed health insurance but the health insurance tax credit, health savings accounts (HSA), and the health insurance penalty.Podcast Host: Mike Jesowshek CPA, from JETRO and Associates To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and no

Send us a text1099’s ARE VERY IMPORTANT and we want you to be as ready as possible to prepare your 1099’s this year. As you know, any vendor that is a sole proprietor or unincorporated small business that you paid more than $600 during the year should get a 1099 showing what was paid. This allows you to deduct that payment. Podcast Host: Mike Jesowshek CPA, from JETRO and Associates To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t.

Send us a textDeferring income into the new year is a great way to lower taxable income in the current year for cash basis filers. It should be noticed that this should still be done cautiously and only with "Good Payers" and without hurting the business!Podcast Host: Mike Jesowshek CPA, from JETRO and Associates To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t.

Send us a textAccelerating expenses before year-end is a great way to get some cash off of the books and take advantage of a tax deduction for cash basis filers. It should be noticed that this should still be done cautiously!Podcast Host: Mike Jesowshek CPA, from JETRO and Associates To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t.

Send us a textWith the new tax law the standard deduction has nearly doubled making the ability to utilize itemized deductions harder. Today we discuss a technique called "bunching" to help take advantage of those itemized deductions. Podcast Host: Mike Jesowshek CPA, from JETRO and AssociatesTo find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t.

Send us a textMike Jesowshek, CPA at JETRO and Associates discusses small business retirement planning options including both qualified and non-qualified planning. Matthew Schumaker from Principal was a special guest. This is a recording of a previous webinar we hosted. More Info: We have many printouts for additional information, contact us if you'd like to send them over. Podcast/Webinar Host: Mike Jesowshek CPA, from JETRO and Associates Podcast/Webinar Guest: Matthew Schumaker from PrincipalTo find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle int

Send us a textEntertainment expenses may be gone starting in 2018 but the IRS finally released guidance regarding the meals deduction for business owners.More Info: https://www.jetrotax.com/blog/rejoice-business-meals-are-still-deductible/43517Podcast Host: Mike Jesowshek CPA, from JETRO and AssociatesTo find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t. Our tax and bookkeeping packages start at just $75 per month.

Send us a textOn this podcast Mike Jesowshek CPA, from JETRO and Associates has a friendly reminder for those that haven't filed their 2017 tax returns yet.Business (S-Corp or Partnership) Extension Deadline: September 17, 2018 (Monday)Personal Extension Deadline: October 15, 2018 (Monday)To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t. Our tax and bookkeeping packages start at just $75 per month

Send us a textOn this podcast Mike Jesowshek CPA, from JETRO and Associates discusses accounting, bookkeeping, and tax essentials that can save business owners thousands. This is a recording of a previous webinar that was hosted.To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. At JETRO and Associates, we do accounting a little bit differently than our competition. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t. Our tax and bookkeeping packages start at just $75 per month

Send us a textOn this podcast Mike Jesowshek CPA, from JETRO and Associates discusses how to avoid and bulletproof yourself from an IRS audit..To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. At JETRO and Associates, we do accounting a little bit differently than our competition. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t. Our tax and bookkeeping packages start at just $75 per month!

Send us a textOn this podcast Derek Kellett CPA, from JETRO and Associates discusses entertainment expenses being disallowed in 2018 and how that may or may not change how business meals are expensed.To find out more on this topic and many others visit our website at www.JETROTax.com. You can also give us a call at 844-327-9272 or send your questions to us at Sales@JETROTax.com. At JETRO and Associates, we do accounting a little bit differently than our competition. We specialize in serving only small business owners helping them with bookkeeping, taxes, and payroll. When it comes to taxes we are not just a prepare and file firm we take it a step further and concentrate on tax savings throughout the year. To keep things simple and flexible, we created a menu of services that clients can bundle into a package completely customized to their needs. Pay only for the things you need, and nothing you don’t. Our tax and bookkeeping packages start at just $75 per month!