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Business

WHY did I start Incite Tax?

By Accounting, Blog, Business No Comments

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…

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Why Form 1099-NEC Matters to You

By Accounting, Business No Comments

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…

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How Small Business Can Stay Afloat During COVID-19

By Blog, Business No Comments

How Small Business Can Stay Afloat During COVID-19  While some parts of the country are reopening despite the pandemic, other areas remain in strict lockdowns. If your business isn’t allowed to reopen due to ongoing COVID-19 concerns, you can still keep your business afloat by being resourceful and creative. For business owners who have reopened but are operating with severe limitations, you can find ways…

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2019 Tax Planning Strategies to Save During Tax Time

By Business, Tax Strategy, Taxes No Comments

Tax Planning Strategies You Should Consider before the year is up We know how you like the quick and dirty versions, so we won’t be long winded or technical. Here are a few things to consider when planning to take advantage of the tax code. Deferring Income – In the simplest of explanations, this is postponing income until next year.  Maybe that means asking that…

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