The Approachable Accountant | Tax Prep and Accounting

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What is Business Tangible Personal Property, and how do you keep track of it?

“Business tangible personal property” includes things like computers, furniture, tools, machinery and heavy...

What are the tax advantages of an LLC, and how does it work?

That’s a trick question! Single-member LLC’s (SMLLCs) are disregarded entities in the eye...

What is the Recovery Rebate Credit, and do you qualify?

The IRS made history in 2020 when it issued “stimulus...