Are you still asking "Can I expense this...?" Use our free tool!
Smiling man wearing glasses, a patterned blazer, and a collared shirt, standing against a transparent background.

Check out our latest helpful blogs

Job Costing for Plumbers
S-corp election for HVAC business owners: file Form 2553 in September for a January 1 start, set payroll and salary in the slow season, and skip the March scramble.
employee-travel-expense

Be Sure Your Employee Travel Expense Reimbursements Pass Muster with the IRS

If your business reimburses employees’ work-related travel expenses you know it can help you attract and retain employees. If you don’t, you might want to start, because changes

2018-Q4-tax-calendar

2018 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2018. Keep in mind that this list isn’t all-inclusive, so

vacation-home-as-rental-property

You Might Save Tax if Your Vacation Home Qualifies as a Rental Property

If you own a vacation home and you both rent it out and use it personally, you might save tax by taking steps to make sure it qualifies

reduce-the-tax-risk-of-using-independent-contractors

How to Reduce the Tax Risk of Using Independent Contractors

Classifying a worker as an independent contractor frees a business from payroll tax liability and allows it to forgo providing overtime pay, unemployment compensation, and other employee benefits.

simple-ira

Keep it SIMPLE: A Tax-Advantaged Retirement Plan Solution for Small Businesses

If your small business doesn’t a retirement plan for its employees, you may want to consider a SIMPLE IRA. Offering a retirement plan can help you attract and

tax-break-for-teachers

Back-to-School Time Means a Tax Break for Teachers

When teachers are setting up their classrooms for the new school year, it’s common for them to pay for a portion of their classroom supplies out of pocket.

Assessing-the-S-corp

Assessing the S Corp

The S corporation business structure offers several advantages. These include limited liability for owners and no double taxation (at least at the federal level). But not all businesses

Keep an Eye Out for Extenders Legislation

Keep an Eye Out for Extenders Legislation

The tax legislation getting the most attention these days is the Tax Cuts and Jobs Act (TCJA) signed into law last December, as well as the possible “Tax

Choosing the Right Accounting Method for Tax Purposes

Choosing the Right Accounting Method for Tax Purposes

The Tax Cuts and Jobs Act (TCJA) liberalized the eligibility rules for using the cash method of accounting, making this method — which is simpler than the accrual

TCJA-prohibits-undoing-2018-Roth-IRA-conversions

The TCJA Prohibits Undoing 2018 Roth IRA Conversions, But 2017 Conversions Are Still Eligible

Converting a traditional IRA to a Roth IRA can provide you with tax-free growth and tax-free withdrawals in retirement. But what if you convert your traditional IRA —

Do You Still Need to Worry About the AMT?

Do You Still Need to Worry About the AMT?

There was talk of repealing the individual alternative minimum tax (AMT) as part of last year’s tax reform legislation. However, the repeal wasn’t included in the final version

Can-you-deduct-home-office-expenses

Do You Qualify for the Home Office Deduction?

Under the Tax Cuts and Jobs Act (TCJA), employees can no longer claim the home office deduction. However, if you run a business from your home or are

Ready to join a winning team?

Let’s talk about how our experts can help you reach your financial goals.