Can you write off your vehicle? The answer is yes… but there are some things you should know before learning how to deduct your vehicle. As a business owner it’s exciting to think about deducting all these expenses. However, the IRS is very good at making things complicated. It can be hard to know what specific expense can be deducted and what they…
Mindset Change “Accounting is a necessary evil.” Geez! That sounds like a prison sentence where you are stuck having to do something even though you hate it. We can never get excited about something if we think it’s evil. Accounting is necessary. Not evil. When it’s approached properly… Your accounting efforts will produce financial statements that give you insights into your cash flow. It…
Today, we are excited to have a conversation with some folks from Wodify. What’s Wodify? It’s an amazing company that I am sure many of you have heard of. If not, I am very happy to be the one introducing them to you! One of the things we look at when we’re helping gym owners stay in business and reach profitability is how…
Ever wondered how Incite Tax got started? In my life I have had 2 very impactful events that led me to Incite Tax is and what we are doing. The first event was when I was working for a big accounting firm where I was just an entry level, kind of expendable employee.They talked about how I was going to be rewarded, get promotions, and…
Form 1099-NEC is for business owners who use freelancers and independent contractors. The IRS has unveiled a new form. Yay! Actually, Form 1099-NEC has already existed but was discontinued in 1982. The IRS is simply bringing it back. I know this feels overwhelming, but that’s why you’re reading this. Form 1099-NEC, Nonemployee Compensation For business owners who are familiar with…
Your Resource to Learn the Best Accounting App For Your Business If you had to guess how many small business accounting apps there were on the market, what would you guess? Well there are a shlew out there and all function with their own features and usability. Since this is the case, we’d like to help you differentiate the options out there. You have a…
Incite Tax & Accounting is a Certified Public Accountant (CPA) firm with offices in Sandy, Utah. With over 10 years of experience handling business taxes for large and small Utah companies, Incite Tax is one of the most qualified business CPA firms in all of Utah. No matter your tax needs, Incite Tax is the firm for the job.
Incite Tax believes in sticking it to the IRS. If you're looking to better your financial situation contact us!
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