Category Archives: tax

Are office parties deductible?

A still from US show "The Office" of their holiday party. Dwight, Pam, Michael, Ryan, and Jim stand in front of the Christmas tree looking uncomfortable.

December is right around the corner which means it’s time to start planning your office holiday party! Holiday parties are a great opportunity for you and your employees to bond and relax outside of work. But are office parties deductible? Office Parties Are Deductible… Sometimes Office parties in general can be deductible, but as is […]

How To Reduce Your Audit Exposure

Do you know how to reduce your audit exposure? Do you know what audit exposure is? Does reading the word “audit” just kind of stress you out? Then keep reading to figure out how to minimize your likelihood of being audited. The Basics on Audit and Audit Exposure A tax audit is basically a deep-dive […]

What is the PTET?

Trainee CPA Mackenzie at her desk, studying and enjoying a cup of coffee.

If you’re a small business owner, you’ve probably heard about passthrough entity tax – but what is it? Benefits of the PTET The PTET allows business owners to pay state taxes through their business and receive a credit for the tax paid on their individual return. It doesn’t change the amount of state tax owed […]

What makes a “good tax plan”?

Good tax plans are essential to everyone, but no one benefits more than business owners. But what makes a good tax plan? There are a few different factors to consider and each accountant has a different process. Here are the things we at Encurio believe are essential pieces to a good tax plan. Considerate Projections […]

Q3 Check-In for 2023

And just like that, 2023 is halfway over – which means the 2023 tax year is just around the corner. At Encurio, we always recommend being as prepared as possible. Here’s our Q3 check-in recommendations for small businesses, to make sure you’re on the right track for success! 1. 2023 Goals and Business Plan With […]

Posted in tax

How to have a Stress-Free Tax Season

Are you tired of stressing about taxes? Here’s the secret to a stress-free tax season: Proactive Planning Having a tax plan takes the mystery out of tax season. Having a plan in place and sticking to it means there are no surprises when the deadline arrives. We can’t stress enough how important it is to […]