Author Archives: PADRÓ & Company, P.A.

The new tax act means big changes for taxpayers

Big tax law changes mean even bigger opportunities for taxpayers. Take a look at some of the changes to come out of the Tax Cuts and Jobs Act and consider how they could affect you. The Tax Cuts and Jobs … Continue reading

Posted in business, deductions, health care, Income Tax, personal finance, tax planning, Tax Problems, tax return | Tagged , , , , , , , , , | Leave a comment

Time to go through your tax records? Consider this

You’re probably getting ready to go through last year’s records and prepare for this year. But what should you keep and what can you throw away? Here are some things to keep in mind as you sort through your records. … Continue reading

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Why walking away from sunk costs is the best option

Business owners and managers can let emotions dominate the decision-making process. Instead, move past sunk costs with grace and confidence knowing it’s the smartest business decision to make. Emotions make us human. They can also cause us to make rash … Continue reading

Posted in business, corporate income tax, deductions, employees, Income Tax, Tax Problems, tax return | Leave a comment