Blog

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.

businessman on the phone in the office of his limited liability corporation
January 13, 2020
Checklist for Maintaining Your Limited Liability: Avoiding Piercing the Corporate Veil

One of the reasons for incorporating a limited liability company is to protect yourself from personal liability. Learn more about piercing the corporate veil.

CPA looking over small business's accounting records
January 10, 2020
Why Small Businesses Need a CPA

Small business owners realize that hiring a full-service accounting firm is a wise decision. With access to a CPA, they have the services to be profitable.

looking over business taxes for the new tax bracket for 2019
December 27, 2019
The New Tax Brackets for 2019

April 2020 is right around the corner, and 2019 taxes will be due soon. Here is the full list of rates for the new tax brackets for 2019. Read on to learn more.