Blog | Tzinberg & Associates, P.C.

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Setting Up a QSEHRA Plan

A QSEHRA allows small businesses to reimburse employees for medical expenses, including health insurance premiums, on a tax-free basis. Here's how to...

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Holiday Gifts That Offer Tax Benefits for You and Your Loved Ones

The holiday season is a time of giving, and while the joy of gifting is often its own reward, there are ways to make your generosity even more impactf...

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Top Year End Tax Strategies to Boost Your Business Bottom Line

As the year draws to a close, small business owners have a unique opportunity to implement strategies that can significantly reduce their tax liabilit...

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Essential Year-End Tax Moves You Can't Afford to Miss

As the year draws to a close, it's crucial to take stock of your financial situation and make strategic moves to minimize your tax liability.

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Don't Leave Money on the Table: Essential Tax Credits You Might Be Missing

As tax preparers, we often encounter clients who are confused about the various tax credits available to them. Understanding these credits can signifi...

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Speed Secrets: Time to Reflect on Mirror Usage

Ross Bentley is the Canadian performance coach, racing driver, author, and speaker that led the group Charles joined driving the Nürburgring and Spa-F...

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Protecting Our Seniors; Understanding and Preventing Scams

As our population ages, seniors increasingly become targets for a variety of scams. These fraudulent schemes can have devastating financial and emotio...

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New Illinois Legislation Impacting Small Business

Illinois Governor JB Pritzker signed new laws impacting small businesses, expanding employee access to paystubs, extending the timeframe for filing hu...

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Self-Employment Tax: Who Really Needs to Pay and Why You Can't Afford to Ignore It

In the realm of taxes, understanding who is required to pay self-employment tax and who is exempt is crucial for individuals navigating their financia...

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Think Twice Before Tossing: The Critical Timing for Disposing of Your Tax Records Safely

Now that your taxes are complete and filed for last year, you are probably wondering what old tax recordscan be discarded. If you are like most taxpay...

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Should Tips Be Tax-Free? How Recent Proposals Could Change the Way You Tip

How much should you tip, and what are the tax implications...

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The Exclusion from Income of Olympic Prize Money; A Win for Athletes

When watching the Paris Olympics this summer, think of the athletes pushing the boundaries of human potential.

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Best Practices for Hiring: Red Flags to Watch

Hiring the right talent is crucial for the success and growth of any organization, especially for small and medium-sized businesses (SMBs). The hiring...

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The Tax Advantages of Securing Summer Jobs for Your Children

Unlock the secret to smart tax savings by hiring your child and leveraging the latest tax benefits! Discover how employing your child can reduce your...

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A Guide to Maximizing Tax Deductions for Small Business Owners

Discover a wealth of strategies and deductions in our comprehensive guide, from spousal joint ventures to the effects of the TCJA sunsetting. Dive in...

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