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Top 5 Common Accounting Errors

There's often more to accounting than you'd think. Especially as your business grows, managing transactions, expenses, and more can become increasingly complex—which often means there's room for...

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Jun 06, 2022

What to Look For When Buying a Business

Running your own business is something that appeals to many individuals. While it might be tempting to jump into the first opportunity that presents itself, taking the time to thoroughly evaluate the...

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May 26, 2022

MB Group featured on Inc. Magazine's Best Workplaces List

Exciting news! The MB Group has been included on Inc. magazine's Best Workplaces list. You can find us featured in the May/June 2022 issue or on Inc.com. This list is a comprehensive measurement of...

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May 19, 2022

Sales Tax Exemption on Manufacturing Equipment

The importance of manufacturing in any nation cannot be understated. This is why different states offer opportunities for tax exemptions for industrial processing. Manufacturers are therefore able to...

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May 03, 2022

Do I Have to Pay Taxes on Stocks?

As investing in the stock market has become more and more popular, many people are starting to ask about how this income is taxed. Unlike wages, investors in the stock market are completely on their...

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Apr 28, 2022

Payroll Taxes for Remote Employees

More and more these days, companies are quickly realizing that not all employees have to live close to the home office. If you, like many other businesses, are starting to hire out-of-state to find...

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Mar 30, 2022

How are NFT Earnings Taxed?

NFTs are becoming a hot new commodity, making many people rich overnight. Just like with anything that makes money, however, it's important to think about the tax implications of the trading of NFTs,...

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Mar 11, 2022

Tax Changes in 2022

Tax planning is a complicated business, but nearly every tax planner and accountant will agree that the sooner an individual or business knows about upcoming changes to the tax code the more likely...

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Feb 28, 2022

Is My Inheritance Taxable?

Is inheritance taxable, or do you have to pay taxes on an inheritance? The short answer is: YES. Your inheritance is taxable in two ways: estate tax and inheritance tax. But, you're only required to...

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Feb 21, 2022

What Is Cost Basis, and Why Is It Important?

To put it simply, cost basis is the total amount invested in a stock or a property, plus any fees or commission involved in the purchase. It’s recorded by using the dollar amount of the investment or...

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