Let’s Demystify the 179 Deduction

Let’s Demystify the 179 Deduction

Most people are not fully utilizing the section 179 deduction, simply because their CPA’s do not fully understand it. We’re here to help you demystify it. Basically, Section 179 of the IRS tax code allows businesses to deduct the FULL PURCHASE price of qualifying...
What is the Best Small Business Accounting Software?

What is the Best Small Business Accounting Software?

As small business accountants in Cincinnati, one of the questions we’re most commonly asked by business owners is what accounting software they should be using. Our answer to that question is to use accounting software that’s based in the cloud. The reason...
5 Tax Tips for Small Businesses

5 Tax Tips for Small Businesses

Starting and running a business can be a very rewarding experience. However, as any small business owner will agree, this path is not an easy one. It’s a known fact that the majority of people end up working much harder and longer hours as a business owner than they...
Tax Preparation Checklist for Corporations

Tax Preparation Checklist for Corporations

Although it’s not what corporations love focusing on, taking care of tax obligations is an important part of doing business. While there’s no way to get around the fact that dealing with taxes is a task that takes some time, there are ways to make this process go as...
Year-End Tax Planning Tips for Small Business Owners

Year-End Tax Planning Tips for Small Business Owners

Taxes are something that most small business owners have plenty of concerns and questions about. At Tristate Accounting, we offer a variety of services that help business owners with their tax-related needs. In terms of small business tax tips (which is something...