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Profit Wise Blog

Profit Wise Blog

Our blog covers the latest insights in tax preparation and growing your tax business. Stay current with important industry changes and new laws.

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Latest Article & Blog

Get tax tips and strategies to help you make better decisions with filing your taxes and your personal finances. Check out our blog below and read how to keep more money in your pocket.

  • Things To Do If A Recession Happens

    Things To Do If A Recession Happens

    Amidst the current economic state, characterized by the highest inflation rate in a decade and concerns of a prolonged recession, corporate CEOs are engaging in discussions regarding the potential occurrence of a recession. Typically defined as an economic downturn lasting at least six months, a recession is a matter of significant consideration for business leaders.…

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  • How to make your weekend getaways a tax deduction?

    How to make your weekend getaways a tax deduction?

    As a business owner, one of the advantages is the ability to claim tax deductions for expenses related to the business. When planning for your upcoming vacation, it is important to ensure that you capitalize on all the legally entitled tax write-offs, including the opportunity to reduce your tax liability by converting your vacation into…

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  • How To File Taxes as a New Business

    How To File Taxes as a New Business

    How To File Taxes as a New Business As a newbie small business owner filing taxes, you may experience a sense of apprehension towards the process. You may find yourself seeking clarity on pertinent issues such as the appropriate forms to use, the preparation of business financial state for tax season, eligible deductions, and the…

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Sharon@ProfitWiseAccounting.Biz