Blog
Big Beautiful Bill Details Crystal Lake Business Owners Might Have Missed
Key Takeaways The more favorable EBITDA-based business interest deduction limit is back for your 2025 tax year. (New restrictions are coming in...
What Payroll Checklist Steps Do Crystal Lake Business Owners Need to Complete Before December 31?
Key TakeawaysVerify all business and employee information early. Even small errors in EINs, addresses, or Social Security numbers can create big...
Crystal Lake Small Business Holiday Expenses: What Can I Deduct On Taxes?
Key TakeawaysCompany-wide holiday parties for employees are generally 100% deductible, as long as they’re not exclusive to owners or...
How To Handle Your Crystal Lake Company’s Payroll Taxes
It's no secret that for many people who get in hot water with the IRS, a very common reason is payroll taxes. For many, they aren't filing properly,...
NAS Accounting & Tax Hub, LLC’s Three Business Tax Penalties To Avoid When Possible
Let's address an unfortunate reality: As a business owner, you have a greater number of tax reporting obligations than a regular person has. (Of...
Some Small Business Tips Your Crystal Lake Business Should Learn
Today, let's reach for some small business tips you should be taking away from this past season. As Crystal Lake business owners, we always need to...
Developing Accountability In Your Crystal Lake Business Is Crucial
During the first Super Bowl that Tom Brady won (with the Patriots), these were some of the companies who advertised (hat tip to Jon Erlichman of...
NAS Accounting & Tax Hub, LLC’s Top 5 List of Potentially Fatal Business Mistakes
There is a difference between income and wealth. Tax returns aren't about wealth -- they're about "income", and how that is defined. Business owners...
Passing Down Your Crystal Lake Family Business
If we've learned anything from 2020, it's that our best-laid plans don't always turn out. As the great philosopher Mike Tyson once said: everyone...