by in BLOG, FRANCHISE TIPS, PODCAST SHOWS, TAX PLANNING

John Mollica on Franchise QB Podcast: Episode 9

John Mollica on Franchise QB Podcast: Episode 9

by in BLOG, SMALL BUSINESS, TAX ADVICE, TAX PLANNING, TAX TIPS

Section 179 Deduction: Property You Can Deduct!

  Section 179 Deduction: Property you can deduct! As a business owner, you want to maximize your earnings by claiming all possible tax deductions. Taxes are complicated, and they’re considerably more complicated for small-business owners, freelancers, and people with side hustles — especially now, as filers consider the tax implications of small-business assistance programs and […]

by in BLOG, FRANCHISE TAXES, TAX ADVICE, TAX PLANNING, TAX TIPS

How to Save on Business Taxes in 2022 and Beyond

How to Save on Business Taxes in 2022 and Beyond It’s that time of year again – tax season. If you have a small business, there may be tax loopholes that you were not aware of that can save you money this tax season!  There are ways to invest business profits to lessen your taxable […]

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What is the Employee Retention Tax Credit & How Do you Qualify?

What is Employee Retention Credit and How to Qualify for it?   Introduction The effects of the 2020 COVID-19 disaster are still rippling through the country, including the financial health of many small businesses. Most of these businesses at risk (which is, essentially, any business deemed “non-essential” by the government orders during the first COVD […]

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The Best States for Business Income Tax

The Best States for Business Income Tax Anyone in the United States who has ever considered starting their own small business has had to consider their home state tax laws and regulations. Because companies that conduct business, own property, or have employees in a different state than their home state may incorporate in multiple locations, […]

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Work Opportunity Tax Credit (WOTC)

Work Opportunity Tax Credit Program Did you know that as a franchisor, you are eligible for various tax deductions? This is when it pays to hire a professional to help you with the tax planning for your franchise. As a business owner, you can benefit from multiple tax deductions such as travel expenses or medical […]

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[WEBINAR REPLAY] How To Strategize Around Biden’s Proposed Tax Changes

🎬 WATCH THE REPLAY HERE!  ▶️ Youtube Link: 🔗 https://www.youtube.com/watch?v=idKfC0ldWUI ▶️  Previous Webinars: 🔗 https://myfranchisecpas.com/category/webinars/ Your hard-earned cash, gone. How? We’ve been hard at work developing our proprietary list of world-class tax strategies, just for you. Ready to save thousands of dollars off your next tax bill? Hit play!   WHAT YOU’LL LEARN IN […]

by in BLOG, FINANCIAL TIPS, NEWS, TAX ADVICE, TAX PLANNING, WEBINARS

[WEBINAR REPLAY] Everything You Need to Know About The New U.S. Stimulus Package

🎬 WATCH THE REPLAY HERE!  ▶️ Youtube Link: 🔗 https://youtu.be/rgAQL6ds62g ▶️ Previous Webinars: 🔗https://myfranchisecpas.com/category/webinars/ Times are rough, to say the least. Luckily, the federal government finally came through and released the Coronavirus Relief and Omnibus Agreement for a whopping $900B! What’s in the 5,593-page bill? Who has time to read 5,593 pages? And how […]

by in BLOG, FRANCHISE ACCOUNTING, FRANCHISE TAXES, TAX PLANNING

Benefits of Hiring a Franchise Accountant

  Benefits of Hiring a Franchise Accountant There are several advantages to going the franchise route when considering starting a business. They include, among many other things, the benefit of brand awareness and receiving training and support from experienced franchisors. When opening a franchise, you’re sure that your product or service will be marketable. However, […]

by in BLOG, FRANCHISE FINANCING, FRANCHISE FORMATIONS, FRANCHISE TIPS, FRANCHISING, TAX PLANNING

Tax Planning For Franchisees: What, Why, How!? | By: John Mollica – CPA & CISA

Tax Planning For Franchisees: What, Why, How!? So you own a franchise. Maybe you just purchased it, or maybe you have owned it now for several years. With all the responsibilities that come with franchise ownership, I am sorry to tell you that there is one more critical responsibility to consider: Tax planning.   What […]

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