About Small Business Advisors
If you run your own business, you know important it is to find the right business financial partner. Most accountants do a fine job recording the history you give them. Then, at tax time, they put the “right” numbers in the right boxes on the right forms and call it a day.
Not all accountants are created equal – Small Business Advisors doesn’t just record history. We help you write it, with a proactive attitude and complete menu of tax help and accounting services.
To minimize your taxes, you need a plan. You need concepts and strategies that leave more on your bottom line and we specialize in tax planning and tax preparation. We partner with business owners throughout Anne Arundel and Prince George counties including Annapolis, Bowie, Crofton and Gambrills, Maryland. Read more...
Contact us today to schedule your free Tax Analysis. We’ll find the mistakes and missed opportunities that can cost you thousands, then show you how proactive tax planning can rescue those wasted dollars.
Gain valuable insight into your business and improve your decision making capabilities. Learn more...
Proactive tax planning, comprehensive tax preparation and tax help for individuals, businesses and non-profits. Learn more...
New Tax Law More Than Doubles Fines for Failure to File Information Returns and Failure to Provide Payee Statements
September 1, 2015
The Trade Preferences Extension Act of 2015 was recently signed into law. Part of this new law includes a provision that more than doubles the cap on penalties from $1.5 million to $3 million for 1) failure to file correct tax information returns and 2) failure to provide payee statements. In both cases, fines have been increased from $100 to $250.
These changes are...