Havig Tax & Consulting

06/08/2026

Collaboration is one of the most overlooked parts of successful tax planning. The business owners who make the best financial decisions usually aren’t working with just one professional in isolation. They have a team!

A financial advisor helps build long term wealth. An accountant helps manage taxes, cash flow, and business strategy. And when those conversations work together, business owners make smarter decisions overall.

Because taxes don’t happen in a vacuum!

Retirement planning affects taxes.
Investment decisions affect taxes.
Entity structure affects taxes.
Business growth affects taxes.

When your financial pro's all communicate and work toward the same goals, it creates a much more proactive strategy instead of reactive decision making at year end.

06/05/2026

Fun read for a Friday! How FIFA is seeking to minimize U.S. tax burden for World Cup teams, and itself!

In a March memo obtained by Sports Business Journal, FIFA offered to provide "support to teams that desire to seek an exemption from U.S. federal and state income tax."

06/05/2026

The U.S. tax code is over 6,000 pages long! Let's be honest, no small business owner has time to read that! Between running your day-to-day operations and keeping customers happy, digging through tax rules is probably the last thing you want to do. But here’s the catch: mistakes on your taxes can cost you big in penalties or missed deductions.

That’s where a tax pro comes in. We know the ins and outs of the code, stay on top of the constant changes, and help you find ways to lower your tax bill so you can stay focused on growing your business, not stressing over paperwork.

06/04/2026

If you’re only focused on what already happened, you’re missing the opportunity to shape what happens next. That's why it's important to begin tax planning for you and your business before the end of the year. Now is the perfect time! With just enough of your year gone by, you can forecast where you'll end up. Remember, there are more options available if you don't wait until the last minute.

06/03/2026

Did you know that nearly half of all U.S. employees are employed by a small business? Check out more stats from Forbes about small businesses:

While giants in technology and multinational corporations often capture the public's attention, it's small businesses that form the crux of the American economy. As we step into 2024, these businesses continue to evolve, reflecting not only their enduring role in job creation but also their signific

06/03/2026

If you want tax savings that last beyond April 15, rental real estate should still be part of the conversation. When used correctly, depreciation, cost segregation, and rental losses can be powerful tools for offsetting business income. This isn’t about quitting your business to become a landlord. It’s about owning assets that generate cash flow while creating paper losses for tax purposes.

Short-term rentals, long-term rentals, and self-rentals each have different rules and strategies, but the goal is the same. Business owners who combine operating income with real estate flexibility often keep more of their money working for them instead of handing it over to the IRS.

06/02/2026

It's ! Have you heard of a Solo 401(k)?

A Solo 401(k) is a powerful retirement plan for small business owners with no employees (other than a spouse). It lets you wear two hats, employee and employer, so you can contribute significantly more than an IRA and lower your taxable income at the same time. As the employee, you can make salary deferrals; as the employer, your business can make profit-based contributions. The result? You keep more money working for your future instead of sending it to the IRS, all while staying fully in control of the plan

06/01/2026

Summertime is the perfect time for a mid-year tax checkup, so here are some tips from the Taxpayer Advocate Service!

Take control of your taxes with a mid-year tax checkup. Learn how to avoid surprises, maximize savings, and prepare for tax season early.

05/29/2026

Traveling but forgot some essentials? Give yourself a "tax discount" on vacation necessities using your health savings account by following these IRS rules.

05/28/2026

Looking to start a business in 2026? According to Inc Magazine, these small business ideas are poised to take off!

Looking to start a business in 2026? These small-business ideas are poised to take off—and many can be launched with minimal experience.