Commonwealth Tax & Insurance team wishes you a very Merry Christmas, a joyous holiday season, and a happy, healthy, and peaceful New Year 2023!

It’s no secret that running a small business is no easy feat. In addition to wearing many hats and being pulled in many different directions, small business owners also have to be extra mindful of their budget and ensure that their business is running as efficiently as possible.

As an individual or a business owner, you may have several questions and doubts in your mind about accounting and tax planning. These may pertain to your business’s progress, expenditure, and tax commitments. To clear your confusion and arm you with the information you need to make the right decisions, Commonwealth Tax & Insurance has answered some of the most frequently asked questions about tax planning. These answers are based on our personal experience so that you have first-hand information that gives you the power.

Whether you’re moving to a desirable neighborhood or making room for a growing family, moving on from your current home requires you to take important steps to ensure you and your house are ready for sale. And, as you have likely guessed, selling a house can be a complicated process. It is not only about staging your home well but it involves substantial amounts of documentation and legal procedures.

Season’s Greetings from Commonwealth Tax & Insurance. We wish you and your family a wonderful holiday season and a happy, healthy, and prosperous New Year 2022!

Filing accurate tax returns is the responsibility of every individual and business to comply with the law and avoid receiving any unnecessary reminders from the IRS. It could also ensure that you receive a sizable refund, making it all the more vital to keep good accounts.

We are delighted to announce the launch of our new website!