Small business owners often wear multiple hats, from managing day-to-day operations to handling finances. When it comes to finances, understanding tax deductions is crucial. Tax deductions can help you reduce your taxable income, ultimately saving you money. In this comprehensive guide, we'll delve into the world of tax deductions for small businesses, providing you with valuable insights to help you maximize your deductions and minimize your tax liability.

Yes, it’s that time of year again to pour over all the paperwork with a calculator in hand. But this time, should you do it by yourself or hand it over to the professionals?

In 2021, the IRS sent out child tax credit payments in advance of the tax season. The payments began in August 2021 and ended in December 2021. If you received any advance child tax credit payments in 2021, be sure to have this information available to your tax preparer to report on your 2021 tax return. 

Taxpayers who collected unemployment benefits in 2020 could quite possibly be eligible for SC (South Carolina) tax refunds. If you collected unemployment during the pandemic last year, you could potentially receive additional tax refunds

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