Blog

business tax extension
February 25, 2020
Why You Should, and Shouldn’t, Apply for a Tax Extension

With so many business tax factors, it can be tempting to apply for a tax extension. Before you do, look at both the pros and the cons of filing for one.

flow-through entity allows this small business owner to only pay one form of taxes
February 24, 2020
What Is a Flow-Through Entity?

A flow-through entity is a legal business where income flows through to owners or investors. Learn if your corporation benefits from a flow-through entity. 

How the SECURE Act Impacts Small Business Owners
February 07, 2020
How the SECURE Act Impacts Small Business Owners

SECURE seeks to give an accessible range of retirement options to your workers and promote financial stability for working-class Americans. Learn more here.

looking over QBI Deduction during tax season
January 24, 2020
What You Need to Know About the QBI Deduction

At Foster Financial CPA, our mission is to help businesses maximize tax savings. Let's take a look at what you need to know regarding your QBI deductions. 

filing 1099s
January 16, 2020
Do You Need to Send Out 1099s?

Small business owners need to be aware of financial responsibilities. If you hire independent contractors to help your business, you need to understand 1099s.