Blog
How much does it cost to raise a child? Based on figures from 2015 shown on the infographic below - $233,610!! Luckily, the U.S. tax code offers a variety of tax breaks for parents. Here’s a look at the most popular ones. Child Tax Credit: This tax break was expanded under the Tax Cuts and Jobs Act (TCJA). Starting with the 2018 tax year, the new law increased the Child Tax Credit (CTC) from $1,000 to $2,000. Since it's a credit, ...
This article has been updated. Find the latest here: Do You Have a Business Plan? If Not, Here is What You Need to Know...
*Updated 11/26/24 The end of the year is quickly approaching, and now is the perfect time to take control of your taxes. Regardless of whether your business had an outstanding year, encountered unforeseen challenges, or is just starting out, there is still time to implement strategic moves that could significantly reduce your tax bill for 2024. Ready to explore actionable strategies to reduce your tax liability? Let’s dive into nine ...
This post has been updated. You can find it here: https://www.centuryaccounting1.com/2020/07/22/6-easy-steps-to-get-your-new-business-started/...
I have a confession to make – when I started working for Century Accounting in February of 1995, I did not know how to read a financial statement. I was 18 and didn’t even know what a balance sheet was – I just learned that to help our clients succeed and grow I needed to learn more than how to just “drop the numbers in!” Luckily, over the last 25 years, I’ve learned a thing or two about financial statements. So, in orde...
Imagine walking into April, calm and collected, wi...
The Busy Trap: Rethinking Productivity Beyond Busy...
Smart Brevity Count:554 Words | 2 Minutes "Qualit...
Are you tossing and turning at night, unable to sh...
Just submitted your taxes? A sigh of relief, isn't...