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• Category: Accounting
  • Donate Appreciated Stock for Twice the Tax Benefits
  • Research Credit Available to Some Businesses for the First Time
  • Could “Bunching” Medical Expenses Into 2018 Save You Tax?
  • Consider All the Tax Consequences Before Making Gifts to Loved Ones
  • Now’s the Time to Review Your Business Expenses
  • IRS Tax Payment Plans Make It Easier to Face Your Tax Bill
  • How to Pay Your CPA Less
  • The Danger of Renting with Owner Finance: Possible Tax Consequences
  • One accounting number you MUST understand
• Category: Blog
  • Holiday Parties and Gifts Can Help Show Your Appreciation and Provide Tax Breaks
  • 3 Last-Minute Tips That May Help Trim Your Tax Bill
  • Medical Expenses: What It Takes to Qualify for a Tax Deduction
  • 2 Valuable Year-End Tax-Saving Tools for Your Business
  • What is Your Taxpayer Filing Status?
  • The Tax Implications if Your Business Engages in Environmental Cleanup
  • Using Your 401(k) Plan to Save This Year and Next
  • Small Businesses: Get Ready for Your 1099-MISC Reporting Requirements
  • You May be ABLE to Save for a Disabled Family Member with a Tax-Advantaged Account
  • Small Businesses: Stay Clear of a Severe Payroll Tax Penalty
  • IRA Charitable Donations Are an Alternative to Taxable Required Distributions
  • Thinking About Converting From a C Corporation to an S Corporation?
  • Selling Securities by Year End? Avoid the Wash Sale Rule
  • Accelerate Depreciation Deductions with a Cost Segregation Study
  • Use a Coverdell ESA to Help Pay College, Elementary, and Secondary School Costs
  • Setting up a Health Savings Account for Your Small Business
  • Watch Out for Tax-Related Scams
  • Understanding and Controlling the Unemployment Tax Costs of Your Business
  • Take Advantage of the Gift Tax Exclusion Rules
  • The Chances of an IRS Audit are Low, but Business Owners Should Be Prepared
  • When Is Tax Due on Series EE Savings Bonds?
  • How to Treat Your Business Website Costs for Tax Purposes
  • Uncle Sam May Provide Relief from College Costs on Your Tax Return
  • Getting a Divorce? There Are Tax Issues You Need to Understand
  • 2019 Q4 tax calendar: Key deadlines for businesses and other employers
  • The Key to Retirement Security Is Picking the Right Plan for Your Business
  • Expenses That Teachers Can and Can’t Deduct on Their Tax Returns
  • The next estimated tax deadline is Sept. 16: Do you have to make a payment?
  • Taking Distributions From Your Traditional IRA
  • Should You Elect S Corporation Status?
  • What To Do If Your Business Receives a “No-Match” Letter
  • “Innocent Spouses” May Get Relief From Tax Liability
  • The Tax Implications of Being a Winner
  • The IRS Is Targeting Business Transactions In Bitcoin and Other Virtual Currencies
  • The “Kiddie Tax” Hurts Families More Than Ever
  • Take a Closer Look at Home Office Deductions
  • The “Nanny Tax” Must Be Paid for More Than Just Nannies
  • Businesses Can Utilize the Same Information IRS Auditors Use to Examine Tax Returns
  • Summer: A Good Time to Review Your Investments
  • It’s a Good Time to Buy Business Equipment and Other Depreciable Property
  • Volunteering for Charity: Do You Get a Tax Break?
  • M&A Transactions: Avoid Surprises From the IRS
  • You May Have to Pay Tax on Social Security Benefits
  • Bartering: A Taxable Transaction Even if Your Business Exchanges No Cash
  • If Your Kids Are Off to Day Camp, You May Be Eligible for a Tax Break
  • Which Entity Is Most Suitable for Your New or Existing Business?
  • 2019 Q3 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • Is An HSA Right For You?
  • Donating Your Vehicle to Charity May Not Be a Taxwise Decision
  • Hiring This Summer? You May Qualify for a Valuable Tax Credit
  • Thinking About Moving to Another State in Retirement? Don’t Forget About Taxes
  • Employers: Be Aware (or Beware) of a Harsh Payroll Tax Penalty
  • The Chances of IRS Audit Are Down but You Should Still Be Prepared
  • Tax-Smart Domestic Travel: Combining Business With Pleasure
  • It’s a Good Time to Check Your Withholding and Make Changes, if Necessary
  • Hire Your Children This Summer: Everyone Wins
  • Selling Your Home? Consider These Tax Implications
  • Consider a Roth 401(k) Plan and Make Sure Employees Use It
  • What Type of Expenses Can’t Be Written Off by Your Business?
  • Check on Your Refund — and Find Out Why the IRS Might Not Send It
  • Plug In Tax Savings for Electric Vehicles
  • Employee vs. Independent Contractor: How Should You Handle Worker Classification?
  • Casualty Loss Deductions: You Can Claim One Only for a Federally Declared Disaster
  • How Entrepreneurs Must Treat Expenses on Their Tax Returns
  • 3 Questions You May Have After You File Your Return
  • Deducting Business Meal Expenses Under Today’s Tax Rules
  • Seniors: Medicare premiums Could Lower Your Tax Bill
  • Divorcing Business Owners Need to Pay Attention to Tax Implications
  • Understanding How Taxes Factor Into an M&A Transaction
  • Make a Deductible IRA Contribution for 2018. It’s Not Too Late!
  • Still Working After Age 70½? You May Not Have to Begin 401(k) Withdrawals
  • 2019 Q2 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • Vehicle-Expense Deduction Ins and Outs for Individual Taxpayers
  • Will Leasing Equipment or Buying It Be More Tax Efficient for Your Business?
  • Careful Tax Planning Required for Incentive Stock Options
  • Beware the Ides of March — If You Own a Pass-Through Entity
  • The Home Office Deduction: Actual Expenses vs. the Simplified Method
  • Some of Your Deductions May Be Smaller (or Nonexistent) When You File Your 2018 Tax Return
  • 3 Big TCJA Changes Affecting 2018 Individual Tax Returns and Beyond
  • When Are LLC Members Subject to Self-Employment Tax?
  • Why You Shouldn’t Wait to File Your 2018 Income Tax Return
  • Fundamental Tax Truths for C Corporations
  • There’s Still Time to Get Substantiation for 2018 Donations
  • Many Tax-Related Limits Affecting Businesses Increase for 2019
  • What Will Your Marginal Income Tax Rate Be?
  • 2 Major Tax Law Changes for Individuals in 2019
  • A Review of Significant TCJA Provisions Impacting Individual Taxpayers
  • A Refresher on Major Tax Law Changes for Small-Business Owners
  • Act Soon to Save 2018 Taxes on Your Investments
  • 6 Last-Minute Tax Moves for Your Business
  • Year-End Tax and Financial To-Do List for Individuals
  • 2019 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • When Holiday Gifts and Parties Are Deductible or Taxable
  • Tax Reform Expands Availability of Cash Accounting
  • Catch-Up Retirement Plan Contributions Can Be Particularly Advantageous Post-TCJA
  • Buy Business Assets Before Year End to Reduce Your 2018 Tax Liability
  • 529 Plans Offer Two Tax-Advantaged Education Funding Options
  • Tax-Free Fringe Benefits Help Small Businesses and Their Employees
  • Charitable IRA Rollovers May Be Especially Beneficial in 2018
  • Tax Planning for Investments Gets More Complicated
  • Businesses Aren’t Immune to Tax Identity Theft
  • The Tax Deduction Ins and Outs of Donating Artwork to Charity
  • Be Sure Your Employee Travel Expense Reimbursements Pass Muster with the IRS
  • 2018 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • You Might Save Tax if Your Vacation Home Qualifies as a Rental Property
  • How to Reduce the Tax Risk of Using Independent Contractors
  • Keep it SIMPLE: A Tax-Advantaged Retirement Plan Solution for Small Businesses
  • Back-to-School Time Means a Tax Break for Teachers
  • Play Your Tax Cards Right with Gambling Wins and Losses
  • Assessing the S Corp
  • Keep an Eye Out for Extenders Legislation
  • Choosing the Right Accounting Method for Tax Purposes
  • The TCJA Prohibits Undoing 2018 Roth IRA Conversions, But 2017 Conversions Are Still Eligible
  • Do You Still Need to Worry About the AMT?
  • Do You Qualify for the Home Office Deduction?
  • Why the “Kiddie Tax” Is More Dangerous Than Ever
  • Business Deductions for Meal, Vehicle and Travel Expenses: Document, Document, Document
  • What You Can Deduct When Volunteering
  • How to Avoid Getting Hit With Payroll Tax Penalties
  • Close-Up On the New QBI Deduction’s Wage Limit
  • Home Green Home: Save Tax by Saving Energy
  • 3 Traditional Midyear Tax Planning Strategies For Individuals That Hold Up Post-TCJA
  • Does Your Business Have to Begin Collecting Sales Tax on All Out-Of-State Online Sales?
  • Do You Know the ABCs of HSAs, FSAs and HRAs?
  • Choosing the Best Business Entity Structure Post-TCJA
  • Consider the Tax Advantages of Investing in Qualified Small Business Stock
  • 2018 Q3 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • The Tax Impact of the TCJA on Estate Planning
  • Factor in State and Local Taxes When Deciding Where to Live in Retirement
  • What Businesses Need to Know About the Tax Treatment of Bitcoin and Other Virtual Currencies
  • The TCJA Changes Some Rules for Deducting Pass-Through Business Losses
  • Putting Your Child on Your Business’s Payroll for the Summer May Make More Tax Sense Than Ever
  • Infographic: How to Set Up an Accountable Plan
  • Be Aware of the Tax Consequences Before Selling Your Home
  • Can You Deduct Business Travel When It’s Combined with a Vacation?
  • Do You Need to Adjust Your Withholding?
  • IRS Audit Techniques Guides Provide Clues to What May Come Up if Your Business Is Audited
  • Get Started on 2018 Tax Planning Now!
  • A Review of Significant TCJA Provisions Affecting Small Businesses
  • Tax Record Retention Guidelines for Individuals
  • Tax Document Retention Guidelines for Small Businesses
  • TCJA Changes to Employee Benefits Tax Breaks: 4 Negatives and a Positive
  • A Net Operating Loss on Your 2017 Tax Return Isn’t All Bad News
  • Haven’t Filed Your 2017 Income Tax Return Yet? Beware of These Pitfalls
  • Should You File Form SS-8 to Ask the IRS to Determine a Worker’s Status?
  • You Still Save Time to Make 2017 IRA Contributions
  • Can You Claim Your Elderly Parent as a Dependent on Your Tax Return?
  • 2018 Q2 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • Defer Tax with a Section 1031 Exchange, but New Limits Apply This Year
  • Home-Related Tax Breaks Are Valuable on 2017 Returns, Will Be Less for 2018
  • Casualty Losses Can Provide a 2017 Deduction, But Rules Tighten for 2018
  • Make Sure Repairs to Tangible Property Were Actually Repairs Before You Deduct the Cost
  • Size of Charitable Deductions Depends on Many Factors
  • Don’t forget: 2017 Tax Filing Deadline for Pass-Through Entities is March 15
  • What’s Your Mileage Deduction?
  • Sec. 179 Expensing Provides Small Businesses Tax Savings on 2017 Returns — and More Savings in the Future
  • Tax Deduction for Moving Costs: 2017 vs. 2018
  • Tax Credit for Hiring from Certain “Target Groups” Can Provide Substantial Tax Savings
  • Families With College Students May Save Tax on Their 2017 Returns With One of These Breaks
  • Small Business Owners: A SEP May Give You One Last 2017 Tax and Retirement Saving Opportunity
  • TCJA Temporarily Lowers Medical Expense Deduction Threshold
  • Claiming Bonus Depreciation on your 2017 Tax Return May Be Particularly Beneficial
  • State and Local Sales Tax Deduction Remains, But Subject to a New Limit
  • 2 Tax Credits Just for Small Businesses May Reduce Your 2017 and 2018 Tax Bills
  • Can You Deduct Home Office Expenses?
  • Your 2017 Tax Return May Be Your Last Chance to Take the “Manufacturers’ Deduction”
  • Meals, Entertainment and Transportation May Cost Businesses More Under the TCJA
  • Personal Exemptions and Standard Deductions and Tax Credits, Oh My!
  • Don’t Be a Victim of Tax Identity Theft: File Your 2017 Return Early
  • New Tax Law Gives Pass-Through Businesses a Valuable Deduction
  • The TCJA Temporarily Expands Bonus Depreciation
  • Most Individual Tax Rates Go Down Under the TCJA
  • Tax Cuts and Jobs Act: Key Provisions Affecting Individuals
  • Tax Cuts and Jobs Act: Key Provisions Affecting Businesses
  • 401(k) Retirement Plan Contribution Limit Increases for 2018; Most Others Are Stagnant
  • This Year’s Company Holiday Party Is Probably Tax Deductible – Next Year’s May Not Be
  • Should You Buy a Business Vehicle Before Year End?
  • Our Office Has Moved
  • What You Need to Know About Year-End Charitable Giving in 2017
  • 7 Last-Minute Tax-Saving Tips
  • Even if Your Income is High, Your Family May Be Able to Benefit From the 0% Long-Term Capital Gains Rate
  • Accrual-Basis Taxpayers: These Year-End Tips Could Save You Tax
  • You May Need to Add RMDs to Your Year-End To-Do List
  • Getting Around the $25 Deduction Limit for Business Gifts
  • Reduce Your 2017 Tax Bill by Buying Business Assets
  • Why You May Want to Accelerate Your Property Tax Payment Into 2017
  • Could the AMT Boost Your 2017 Tax Bill?
  • 2017 Might Be Your Last Chance to Hire Veterans and Claim a Tax Credit
  • The Ins and Outs of Tax on “Income Investments”
  • Retirement Savings Opportunity for the Self-Employed
  • Which Tax-Advantaged Health Account Should Be Part of Your Benefits Package?
  • “Bunching” Medical Expenses Will Be a Tax-Smart Strategy for Many in 2017
  • Timing Strategies Could Become More Powerful in 2017, Depending on What Happens with Tax Reform
  • Investors: Beware of the wash sale rule
  • Why You Should Boost Your 401(k) Contribution Rate Between Now and Year End
  • Should Your Business Use Per Diem Rates For Travel Reimbursement?
  • Save More for College Through the Tax Advantages of a 529 Savings Plan
  • Tax Planning Critical When Buying a Business
  • Watch Out for Potential Tax Pitfalls of Donating Real Estate to Charity
  • The ABCs of the Tax Deduction for Educator Expenses
  • Larger Deduction Might Be Available to Businesses Providing Meals to Their Employees
  • Yes, You Can Undo a Roth IRA Conversion
  • How to Determine If You Need to Worry About Estate Taxes
  • Put Your Audit in Reverse to Save Sales and Use Tax
  • Will Congress Revive Expired Tax Breaks?
  • Material Participation Key to Deducting LLC and LLP Losses
  • A Refresher on the ACA’s Tax Penalty on Individuals Without Health Insurance
  • 6 Ways to Control Your Unemployment Tax Costs
  • 3 Midyear Tax Planning Strategies for Individuals
  • ESOPs Offer Businesses Tax and Other Benefits
  • Nonqualified Stock Options Demand Tax Planning Attention
  • 3 Midyear Tax Planning Strategies for Business
  • Own a Vacation Home? Adjusting Rental vs. Personal Use Might Save Taxes
  • Keep Real Estate Separate From Your Business’s Corporate Assets to Save Tax
  • All Fringe Benefits Aren’t Created Equal for Tax Purposes
  • Summer Is a Good Time to Start Your 2017 Tax Planning and Organize Your Tax Records
  • Claiming a Federal Tax Deduction for Moving Costs
  • 3 Breaks for Business Charitable Donations You May Not Know About
  • Pay Attention to the Details When Selling Investments
  • Dot the “I’s” and Cross the “T’s” on Loans Between Your Business and Its Owners
  • Coverdell ESAs: The Tax-Advantaged Way to Fund Elementary and Secondary School Costs
  • Choosing the Best Way to Reimburse Employee Travel Expenses
  • Consider the Tax Consequences Before Making an Employee a Partner
  • Donating a Vehicle Might Not Provide the Tax Deduction You Expect
  • A “Back Door” Roth IRA Can Benefit Higher-Income Taxpayers
  • Business Owners: When It Comes to IRS Audits, Be Prepared
  • Real Estate Investor vs. Professional: Why It Matters
  • Want to Help Your Child (or Grandchild) Buy a Home? Don’t Wait!
  • Operating Across State Lines Presents Tax Risks — or Possibly Rewards
  • Choosing Between a Calendar Tax Year and a Fiscal Tax Year
  • Now’s a Great Time to Purge Old Tax Records
  • Do You Know the Tax Implications of Your C Corp.’s Buy-Sell Agreement?
  • Individual Tax Calendar: Key Deadlines for the Remainder of 2017
  • Bartering May Be Cash-Free, But It’s Not Tax-Free
  • What Are the Most Tax-Advantaged Ways to Reimburse Employees’ Education Expenses?
  • A Refresher On Tax-Related ACA Provisions Affecting Businesses
  • Saving Tax With Home-Related Deductions and Exclusions
  • Victims of a Disaster, Fire or Theft May be Able to Claim a Casualty Loss Deduction
  • Who Can — and Who Should — Take the American Opportunity Credit?
  • Make Sure the IRS Won’t Consider Your Business To Be a “Hobby”
  • The Section 1031 Exchange: Why It’s Such a Great Tax Planning Tool
  • 2016 IRA Contributions — It’s Not Too Late!
  • When an Elderly Parent Might Qualify as Your Dependent
  • Filing Deadline Rapidly Approaching for Flow-Through Entities
  • When It Comes to Charitable Deductions, All Donations Aren’t Created Equal
  • Tangible Property Safe Harbors Help Maximize Deductions
  • Can the WOTC Save Tax for Your Business?
  • Deduct All of the Mileage You’re Entitled to — But Not More
  • Do You Need to File a 2016 Gift Tax Return by April 18?
  • SEPs: A Powerful Retroactive Tax Planning Tool
  • What You Need to Know About the Tax Treatment of ISOs
  • Take Small-Business Tax Credits Where Credits Are Due
  • The “Manufacturers’ Deduction” Isn’t Just for Manufacturers
  • 2016 Higher-Education Breaks Can Save Your Family Taxes
  • The Investment Interest Expense Deduction: Less Beneficial Than You Might Think
  • Why 2016 May Be an Especially Good Year to Take Bonus Depreciation
  • Deduction for State and Local Sales Tax Benefits Some, but Not All, Taxpayers
  • Can You Defer Taxes On Advance Payments?
  • Help Prevent Tax Identity Theft by Filing Early
  • New HRA Offers Small Employers an Attractive, Tax-Advantaged Health Care Option
  • 2017 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • How Entity Type Affects Tax Planning for Owner-Employees
  • Few Changes to Retirement Plan Contribution Limits for 2017
  • Want to Save for Education? Make 2016 ESA Contributions by December 31
  • Take Stock of Your Inventory Accounting Method’s Impact on Your Tax Bill
  • Ensure Your Year-End Donations Will Be Deductible on Your 2016 Return
  • Why Making Annual Exclusion Gifts Before Year End Can Still Be a Good Idea
  • Workers Age 50 and Up: Boost Retirement Savings Before Year End with Catch-up Contributions
  • Can You Pay Bonuses in 2017 But Deduct Them This Year?
  • There’s Still Time to Benefit on Your 2016 Tax Bill by Buying Business Assets
  • Year-End Tax Strategies for Accrual-Basis Taxpayers
  • Accelerating Your Property Tax Deduction To Reduce Your 2016 Tax Bill
  • A Quick Look At The President-Elect’s Tax Plan For Individuals
  • A Quick Look At The President-Elect’s Tax Plan For Businesses
  • There’s Still Time to Set Up a Retirement Plan for 2016
  • It’s Time to “Harvest” Investment Losses
  • The Tax-smart Way To Replace A Business Vehicle
  • It’s Critical To Be Aware Of The Tax Rules Surrounding Your NQDC Plan
  • Beware of Income-Based Limits on Itemized Deductions and Personal Exemptions
  • Depreciation-Related Breaks Offer 2016 Tax Savings on Business Real Estate
  • Tax Pros and Cons of Buying or Selling Businesses in Installments
  • What the Self-employed Need To Know About Employment Taxes
  • Are You Coordinating Your Income Tax Planning With Your Estate Plan?
  • Are You Timing Business Income And Expenses To Your Tax Advantage?
  • Help Retain Employees With Tax-free Fringe Benefits
  • Tax-smart Options For Your Old Retirement Plan When You Change Jobs
  • Prepaid Tuition Vs. College Savings: Which Type Of 529 Plan Is Better?
  • Businesses Can Also Be Disrupted By Tax Identity Theft
  • Time May Be Running Out (Again) For Tax-free Treatment Of Home Mortgage Debt Forgiveness
  • Documentation Is The Key To Business Expense Deductions
  • Tax Impact of Investor vs. Trader Status
  • Looking For a Retirement Plan For Your Business? Here’s One SIMPLE Option
  • Are Frequent Flyer Miles Ever Taxable?
  • The IRS Can Reclassify S Corporation Distributions As Wages
  • Now’s The Time To Start Thinking About “Bunching” Miscellaneous Itemized Deductions
  • Using Independent Contractors? Protect Your Business With These Tips
  • What You Need To Know About Estimated Tax Payments
  • Combining Business and Vacation Travel: What Can You Deduct?
  • 3 Strategies For Tax-smart Giving
  • Accelerate Depreciation Deductions With A Cost Segregation Study
  • Don’t Roll The Dice With Your Taxes If You Gamble This Year
  • Should You Make A “Charitable IRA Rollover” In 2016?
  • 3 Mutual Fund Tax Hazards To Watch Out For
  • Will Your Business Have A Net Operating Loss? Make The Most Of It
  • To Deduct Business Losses, You May Have To Prove “Material Participation”
  • Still Time For Homeowners To Save With Green Tax Credits
  • Lower Gas Costs = Lower Business Driving Tax Deductions
  • Can You Claim A Home Office Deduction For Business Use?
  • The “Kiddie Tax”: A Trap for the Unwary
  • 2016 Tax Calendar
  • Tax Refund Scams Are More Common Than You Think
  • What You Need to Know About Changes to Depreciation Before Buying New Equipment
  • How The Affordable Care Act (Obamacare) Could Impact Your 2014 Taxes
  • Tax Rates and Their Impact On IRS Tax Brackets For 2014
  • Spring Means Tax Time
  • It’s Not Too Early to Start Thinking About April
  • Last Minute Tax Saving Tips
  • Some Advice from Your QuickBooks ProAdvisor
  • Business Gifts and Tax Deductions
  • Welcome & A Few Updates
  • Accounting Changes from the Fiscal Cliff
  • I Don’t Blame Romney
  • Your Taxes are Changing
  • Best of the Web – Summer Edition
  • Texas Sales Tax Holiday
  • New IRS Audit Report for S-Corps
  • April 17th approaches, is your tax return ready?
  • Congratulations on your Screaming Bundle of Tax Savings!
  • Merry Christmas
  • Last Minute Tax Saving Tips
  • Blogging 101
  • What I Learned at Chick-fil-a
  • How to get $10,000 tax free
  • Welcome
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• Category: Tax Tips
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