What Should Your Financial Statements Include?
Investors need to know how a company is doing financially before they decide to invest - or not. Your financial statements need to give an investor an overview of the profitability...
How Income Tax Can Be Saved
Let’s face it – nobody likes paying income tax. If only there was a way to reduce the amount you were paying each year. The good news is that there is! Below, we provide you with a...
What Income Tax Bracket Am I In?
Think you know what income tax bracket you fall into? Think again! On Oct. 18, 2022, the IRS announced the annual inflation adjustments for the 2023 tax year which will be differen...
How Income Tax Deductions Work – Standard Vs. Itemized
With the tax season in full swing, filing your tax return should be at the top of your agenda. While this may seem like a daunting prospect, Georgen Scarborough Associates, PC is h...
Which Income Tax Form Should I Use?
With the new income tax law, filing your taxes may have changed slightly. If your annual income is below a certain threshold, you may not have to file your taxes. However, in order...
It’s Time for a Mid-year Checkup!
Time flies when you’re busy running a business. But it’s important to occasionally pause and assess interim performance — otherwise you’re likely to be surprised by the year-end re...