Knowledge Base
In addition to providing proactive accounting and tax advisory services to our clients, Evans Sternau CPA aims to educate.
Tax Consultant Definition: What It Means & How They Help
Clear, informative guide explaining tax consultants’ roles, qualifications, benefits, and tips for choosing the best expert for your financial needs.
Debt vs Equity Financing: Key Differences and Benefits Explained
Debt vs Equity Financing: Key Differences and Benefits Explained Rising interest rates push small businesses to explore funding alternatives. Discover how debt vs. equity financing can shape your capital strategy in today’s tight market. Researchers at Goldman Sachs noted in a recent report that over 75% of small business owners
What Is Cost Segregation Study Process and Benefits
What Is Cost Segregation Study? Process and Benefits Unlock tax savings and boost your property’s ROI. Discover how a cost segregation study accelerates depreciation and enhances cash flow in our latest guide. According to recent data, capital flows into the U.S. commercial real estate plunged over 50% in the fourth
How to Calculate QBI: Eligibility, Rules, and Examples
How to Calculate QBI: Eligibility, Rules, and Examples Lower your federal taxes! Discover QBI deduction basics, who qualifies, and how to claim up to 20% off qualified business income. Forbes estimates that 9 out of 10 businesses in the U.S. overpay their taxes regardless of whether they are working with
Tax Preparer Responsibilities: A Guide to Key Duties
Tax Preparer Responsibilities: A Guide to Key Duties Tax preparers handle everything from client consultations to tax filing and audits. Learn their key roles, essential skills, and how they differ from accountants. A tax preparer is a knowledgeable professional trained to prepare, calculate and file tax returns on behalf of
What Is Cost Segregation? Definition and Key Benefits
What is Cost Segregation? Definition and Key Benefits Learn how cost segregation helps property owners accelerate depreciation, reduce taxes, and boost cash flow through strategic asset classification and reclassification. Cost segregation is an IRS-recognized tax planning strategy that allows real estate investors to maximize their depreciation deductions and defer federal
Knowing When To Submit A 1099 For Your Accountant
Knowing When to Submit a 1099 for Your Accountant A Guide for Business Owners Not sure when to file a 1099 for your accountant? This guide breaks down deadlines, tips, and penalties to help you stay compliant and stress-free. Not so many business owners are thrilled with the tax season.
Capital Gains Tax Definition, Types, and Management Strategies
Capital Gains Tax Definition, Types, and Management Strategies Capital gains taxes apply to profits from selling assets. Learn how they’re calculated, who pays, rates for short-and-long-term gains, and strategies to minimize liabilities. Plus tips for planning. Capital gains tax is a common mention in investment circles but many Americans have
Essential Tax Consulting Tips for Houston Residents
Essential Tax Consulting Tips for Houston Residents Navigating taxes in Houston can be daunting. Learn key deductions, local rules, and how expert advice can simplify filing. Stay organized, avoid errors, and maximize your refunds! The tax complexities season can be a challenge, especially for residents of Houston, Texas. With the
