Understanding the New 1099-K Reporting Requirements for 2025 Hello Business Owners, As the digital economy continues to evolve, so do the tax reporting requirements. Starting in 2025, significant changes are coming to the Form 1099-K reporting thresholds, which could...
Running a business isn’t easy—but having the right tools and strategies in place can make it smoother, more efficient, and even more profitable. At AKtaxbiz, we believe smart systems and solutions should work for you, not create more work. That’s why we help business...
Best practices serve as an effective tool in guiding any industry in doing business. It is a set of standards and techniques that is known to be most effective in producing good output or results. Here are some Best Practices in the transportation industry: Business...
At AKtaxbiz, we understand how challenging it can be to stay on top of ever-changing tax laws. With new policies and adjustments being made regularly, it's essential for individuals and businesses to be aware of the updates that could affect them. In this edition of...
Running a successful business requires staying on top of many things—client relationships, marketing strategies, product development, and, of course, finances. Keeping your business finances organized is not only essential for smooth operations but also crucial when...
January is the perfect time to set the tone for a successful year. As a small business owner, staying on top of your finances can mean the difference between a profitable year and one filled with missed opportunities. At AK Tax & Business Services, we know how...
Tax season is right around the corner, and for small business owners, it’s a great time to ensure your finances are in order. Staying organized not only simplifies the filing process but also helps you maximize deductions and avoid costly mistakes. At AKtax, we’re...
As the end of the year approaches, it’s time for small business owners to prepare for one of the most critical seasons: Tax Time! Taking a proactive approach can save you time, reduce stress, and possibly uncover new tax-saving opportunities. This comprehensive...
In the fast-paced transportation industry, effective bookkeeping is vital for maximizing profitability. Accurate financial management not only ensures compliance but also helps you make informed decisions that can lead to greater success. Here are some practical...
The Financial Crimes Enforcement Network (FinCEN) is a bureau of the U.S. Department of the Treasury that collects and analyzes information about financial transactions to combat money laundering, terrorist financing, and other financial crimes. One of the key...