Pennywise Tax Strategies Blog

The holiday season is a perfect time to show your staff appreciation and boost morale with an office party.

As the holiday season approaches, businesses often consider showing appreciation to their clients, employees, and other business associates with gi...

As a business owner, you understand the importance of staying on top of your taxes.

Tax season may seem like a distant thought, but the time to start planning for your 2024 taxes is now.

It's the fourth quarter - which means it's time to tally up potential business expenses for tax savings!

The construction industry is one of the most competitive in the world, with contractors constantly vying for new projects and clients.

Restaurants are notoriously thin-margin businesses. In fact, the average profit margin for restaurants is just 5%.

It's October 2023 and there are two tax ghosts that might be haunting you: the ERC credit and the upcoming 2023 tax deadline.

If you operate a business out of your home, you may be eligible to deduct home office expenses.

If you use your personal vehicle for business purposes, it's essential to keep track of your mileage. This is because you can deduct the cost of bu...