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With Al-Nesha Jones, CPA, MBA
Tea & Tax Talk
Tea & Tax Talk is a blog that offers useful insights, tips, and news pertaining to accounting, entrepreneurship, and small business in order to aid in business growth, financial management, and staying current with industry trends.
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What Triggers a Tax Audit?
The thing that scares most people about doing their taxes is the fear of being audited by the IRS. Studies have shown that over 50% of...
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How to Pay Yourself as a Business Owner
Congratulations! You’ve started (or are thinking about starting) your own business! You’re ready to be your own boss, set your own hours,...
Mar 14, 2023
Is My Airbnb Rental Subject to Self-Employment Taxes?
The rise in popularity of Airbnb rentals is due mostly in part to the relatively stress-free way that someone can earn extra income from...
Feb 28, 2023
How Does Marriage Affect My Taxes?
First comes love, then comes marriage, then comes…the reality that your taxes have completely changed. How romantic, right?! Getting...
Feb 14, 2023
10 Reasons to Consider Revising Your Form W4
I’ve always wondered why tax returns had to be so difficult…. They’re really just a reconciliation of the previous year. We start with...
Jan 3, 2023
We're Considering a Divorce... Now What?
Divorce…it’s rarely easy, and without a doubt, will impact almost every aspect of your life, including your taxes. This blog is designed...
Dec 21, 2022
I Purchased My 1st Home... Now What?!
POV: You’ve recently closed on your first home (Congratulations!). For as long as you can remember, people have told you that once you...
Dec 7, 2022
2023 Tax Bracket Updates
Tax brackets, deductions, and credit will all be impacted by the 2023 inflation adjustments. Among the most important provisions: ▪️ The...
Nov 23, 2022
2019 NJ ANCHOR Benefit Filing Information
If you were a NJ resident on October 1, 2019, and either owned or rented your main home (principal residence), then this info is for you....
Nov 9, 2022
Do I Really Have to Keep All My Receipts?
Have you ever been in the checkout line and after you paid for your items the cashier asked, “would you like your receipt?” To save the...
Oct 12, 2022
What features inside QuickBooks Online make you more efficient?
Welcome to another article in an ongoing series about creating efficiencies with QuickBooks® Online. This installment comes from Al-Nesha...
Sep 28, 2022
Using Accountable Plans to Reimburse Expenses for S-Corps
We love the benefits of having one, but could do without strict requirements - yep, we’re talking about S-Corps. An S-Corporation, or...
Sep 14, 2022
What is Considered a Reasonable Salary for an S-Corp Shareholder?
The answer most shareholders want to hear: whatever you want! The realistic answer: It depends. As an S-Corp shareholder, you are privy...
Aug 31, 2022
Should I Start a Business so I Can Deduct Losses and Put My Children on Payroll?
Q: Should I start a business so that I can take losses that'll reduce my tax bill and allow me to pay my children a salary? A: The short...
Aug 17, 2022
Can I Be My Own Registered Agent?
Before we get started, let’s clarify what a registered agent is and how it applies to your small business. A registered agent is an...
Aug 3, 2022
Can I Put Myself on Payroll?
The age old question we receive from many small business owners - can I put myself on payroll? A valid question at that because most...
Jul 6, 2022
Expense Tracking Tips for Small Businesses
Running a business and managing the day-to-day operations is a full-time job in itself. As a small business owner, it’s easy to think you...
Jun 22, 2022
Breaking Down Business Entities
It’s most people’s dream to start their own business and have the freedom to be their own boss. Of course, that starts with coming up...
Jun 8, 2022
Understanding the Accrual Method for Sales Tax
Cash basis versus accrual basis is one of the most confusing concepts for many business owners. Generally speaking, you can choose which...
May 4, 2022
NJ Sales Tax - That's Taxable?!
Would you believe that over half of the small business owners we consult with have no idea that they may have a sales tax obligation?...
Apr 5, 2022
Contractor vs Employee: How to Determine What Your Team Members Are
So your business is growing and you need to hire… exciting, right?! Overwhelming too, right? As a new and/or growing business owner, it...
Apr 5, 2022
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