Small Business Tax Tips To help small business owners in Houston and Katy, TX navigate the complexities of tax planning, this blog will provide a comprehensive guide on small business tax tips. Covering everything from essential tax tips for small business owners in...
IRS Filing Deadline 2023 The 2023 tax season is quickly approaching. This means every US taxpayer needs to file their taxes to avoid any penalties. This year the 2023 IRS filing deadline will fall on April 18, 2023. So taxpayers need to collect all their necessary tax...
Rent Out Your Home How to Get Tax-Free Profit Do you like golf? You will now because it can save you a lot of money on taxes. Have you ever heard of Augusta? If not, it is the most prestigious golf tournament of the year. They created a rule back in the day to help...
Financial Tips for Recession What is Recession? A recession is an economic downturn that involves a significant decline in economic activity over a sustained period. Making sure to prepare for a recession is crucial. Key economic indicators such as Gross Domestic...
Deciding how to pay yourself as a small business owner shouldn’t be a headache. Whether you are a Sole Proprietor or an LLC, an owner’s draw is often the most flexible way to access your profits. However, many owners mistakenly record these draws as...
Important Tax Dates Are you concerned about staying up to date on financial deadlines? Luca Financial is here to help you never miss these important deadlines. Below is a list of important dates: January January 15 – Make a payment of your estimated tax...
