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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
  • An “Innocent Spouse” May Be Able to Escape Tax Liability
  • Is Your Business Required to Report Employee Health Coverage?
  • Estimated Tax Payments: Who Owes Them and When Is the Next One Due?
  • Is Your Withholding Adequate? Here’s How to Check
  • Three Tax Breaks for Small Businesses
  • The Kiddie Tax: Does It Affect Your Family?
  • Important Considerations When Engaging in a Like-Kind Exchange
  • The Tax Obligations if Your Business Closes its Doors
  • IRS Increases Mileage Rate for Remainder of 2022
  • How Disability Income Benefits Are Taxed
  • How Do Taxes Factor Into an M&A Transaction?
  • 2022 Q3 tax calendar: Key deadlines for businesses and other employers
  • Your Estate Plan: Don’t Forget About Income Tax Planning
  • Social Security Benefits: Do You Have to Pay Tax on Them?
  • Is It a Good Time for a Roth Conversion?
  • The Ins and Outs of Series EE Savings Bond Taxation
  • Partners May Have to Report More Income on Tax Returns than They Receive in Cash
  • IRA Charitable Donations: An Alternative to Taxable Required Distributions
  • Businesses: Prepare for the Lower 1099-K Filing Threshold
  • Inflation Enhances the 2023 Amounts for Health Savings Accounts
  • Valuable Gifts to Charity May Require an Appraisal
  • Businesses May Receive Notices About Information Returns that Don’t Match IRS Records
  • Want to Turn a Hobby Into a Business? Watch Out for the Tax Rules
  • The Tax Mechanics Involved in the Sale of Trade or Business Property
  • Thinking About Converting Your Home Into a Rental Property?
  • Tax Considerations When Adding a New Partner at Your Business
  • Once You File Your Tax Return, Consider These 3 Issues
  • Selling Mutual Fund Shares: What Are the Tax Implications?
  • Fully Deduct Business Meals This Year
  • When Inheriting Money, Be Aware of “Income in Respect of a Decedent” Issues
  • It’s Almost That Time of Year Again! If You’re Not Ready, File for an Extension
  • 2022 Q2 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • The Tax Rules of Renting Out a Vacation Property
  • Taking the Opposite Approach: Ways Your Business Can Accelerate Taxable Income and Defer Deductions
  • Establish a Tax-Favored Retirement Plan
  • Lost Your Job? Here are the Tax Aspects of an Employee Termination
  • There Still May Be Time to Cut Your Tax Bill with an IRA
  • Can You Deduct the Costs of a Spouse on a Business Trip?
  • Are You Ready for the 2021 Gift Tax Return Deadline?
  • Married Couples Filing Separate Tax Returns: Why Would They Do It?
  • Important Tax Aspects of Operating Your Business as a Sole Proprietor
  • Did You Give to Charity in 2021? Make Sure You Have Substantiation
  • The Ins and Outs of IRAs
  • Keeping Meticulous Records is the Key to Tax Deductions and Painless IRS Audits
  • Entrepreneurs and Taxes: How Expenses Are Claimed on Tax Returns
  • Help Safeguard Your Personal Information by Filing Your 2021 Tax Return Early
  • Numerous Tax Limits Affecting Businesses Have Increased for 2022
  • How Will Revised Tax Limits Affect Your 2022 Taxes?
  • Important! IRS Is Sending Letters you MUST keep!
  • Businesses with Employees Who Receive Tips May Be Eligible for a Tax Credit
  • Are You Eligible for a Medical Expense Tax Deduction?
  • Defer Tax with a Like-Kind Exchange
  • Gig Workers Should Understand Their Tax Obligations
  • Standard Business Mileage Rate Goes Up in 2022
  • There’s a Deduction for Student Loan Interest…but Do You Qualify for It?
  • 2022 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • Stock Market Investors: Year-End Tax Strategies to Consider
  • Providing a Company Car? Here’s How Taxes Are Handled
  • How Are Court Awards and Out-of-Court Settlements Taxed?
  • The Tax Implications of Owning a Corporate Aircraft
  • With Year-End Approaching, 3 Ideas that May Help Cut Your Tax Bill
  • New Digital Asset Reporting Requirements Will Be Imposed in Coming Years
  • Small Businesses: There Still May Be Time to Cut Your 2021 Taxes
  • Infrastructure Law Sunsets Employee Retention Credit Early
  • Remember to Use up Your Flexible Spending Account Money
  • Businesses Can Show Appreciation and Gain Tax Breaks with Holiday Gifts and Parties
  • Many Factors are Involved When Choosing a Business Entity
  • Feeling Generous at Year End? Strategies for Donating to Charity or Gifting to Loved Ones
  • Would You Like to Establish a Health Savings Account for Your Small Business?
  • Factor in Taxes if You’re Relocating to Another State in Retirement
  • Employers: The Social Security Wage Base is Increasing in 2022
  • Thinking About Participating in Your Employer’s 401(k) Plan? Here’s How It Works
  • Get Your Piece of the Depreciation Pie Now with a Cost Segregation Study
  • You May Owe “Nanny Tax” Even if You Don’t Have a Nanny
  • Vacation Home: How is Your Tax Bill Affected if You Rent it Out?
  • New Per Diem Business Travel Rates Became Effective on October 1
  • Navigating the Tax Landscape When Donating Works of Art to Charity
  • 2021 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • The Tax Score of Winning
  • M&A Transactions: Be Careful When Reporting to the IRS
  • Is a Health Savings Account Right for You?
  • Tax Depreciation Rules for Business Automobiles
  • Selling a Home: Will You Owe Tax on the Profit?
  • 3 Tax Breaks for Small Businesses to Consider
  • Planning for Year-End Gifts with the Gift Tax Annual Exclusion
  • Claiming a Theft Loss Deduction If Your Business Is the Victim of Embezzlement
  • You Can Only Claim a Casualty Loss Tax Deduction in Certain Situations
  • Want to Find Out What IRS Auditors Know About Your Business Industry?
  • Does Your Employer Provide Life Insurance? Here Are the Tax Consequences
  • Getting a Divorce? Be Aware of Tax Implications if You Own a Business
  • ABLE Accounts May Help Disabled or Blind Family Members
  • Possible Tax Consequences of Guaranteeing a Loan to Your Corporation
  • Scholarships Are Usually Tax Free but They May Result in Taxable Income
  • Large Cash Transactions with Your Business Must Be Reported to the IRS
  • Is an LLC the Right Choice for Your Small Business?
  • You May Have Loads of Student Debt, but It May Be Hard to Deduct the Interest
  • The Deductibility of Corporate Expenses Covered by Officers or Shareholders
  • There’s Currently a “Stepped-Up Basis” If You Inherit Property — but Will It Last?
  • Getting a New Business Off the Ground: How Start-Up Expenses Are Handled on Your Tax Return
  • Who In a Small Business Can Be Hit with the “Trust Fund Recovery Penalty?”
  • 10 Facts About the Pass-Through Deduction for Qualified Business Income
  • IRS Audits May Be Increasing, so Be Prepared
  • Eligible Businesses: Claim the Employee Retention Tax Credit
  • Are You a Nonworking Spouse? You May Still Be Able to Contribute to an IRA
  • Seniors May be Able to Write Off Medicare Premiums on Their Tax Returns
  • Traveling for Business Again? What Can You Deduct?
  • Tax-Favored Ways to Build Up a College Fund
  • 2021 Q3 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • Retiring Soon? 4 Tax Issues You May Face
  • Recordkeeping DOs and DON’Ts for Business Meal and Vehicle Expenses
  • Plan Ahead for the 3.8% Net Investment Income Tax
  • Hiring Your Minor Children This Summer? Reap Tax and Nontax Benefits
  • The IRS Has Announced 2022 Amounts for Health Savings Accounts
  • Still Have Questions After You File Your Tax Return?
  • An S Corporation Could Cut Your Self-Employment Tax
  • Working in the Gig Economy Results in Tax Obligations
  • Help Ensure the IRS Doesn’t Reclassify Independent Contractors as Employees
  • Tax Filing Deadline Is Coming Up: What To Do If You Need More Time
  • Providing Education Assistance to Employees? Follow These Rules
  • Why It’s Important to Meet the Tax Return Filing and Payment Deadlines
  • Unemployed Last Year? Buying Health Insurance This Year? You May Benefit from Favorable New Changes
  • Know the Ins and Outs of “Reasonable Compensation” for a Corporate Business Owner
  • Home Sales: How to Determine Your “Basis”
  • Simple Retirement Savings Options for Your Small Business
  • Who Qualifies for “Head of Household” Tax Filing Status?
  • Tax Advantages of Hiring Your Child at Your Small Business
  • How to Ensure Life Insurance Isn’t Part of Your Taxable Estate
  • Need a New Business Vehicle? Consider a Heavy SUV
  • New Law Tax Break May Make Child Care Less Expensive
  • Is an S Corporation the Best Choice of Entity for Your Business?
  • New law: Parents and Other Eligible Americans to Receive Direct Payments
  • Business Highlights in the New American Rescue Plan Act
  • The Latest on COVID-Related Deadline Extensions for Health Care Benefits
  • Estimated Tax Payments: The Deadline for the First 2021 Installment is Coming Soon
  • Launching a Small Business? Here Are Some Tax Considerations
  • Retiring Soon? Recent Law Changes May Have an Impact on Your Retirement Savings
  • Work Opportunity Tax Credit Extended Through 2025
  • Didn’t Contribute to an IRA Last Year? There Still May Be Time
  • If You Run a Business from Home, You Could Qualify for Home Office Deductions
  • What Are the Tax Implications of Buying or Selling a Business?
  • Did You Make Donations in 2020? There’s Still Time to get Substantiation
  • 2021 Individual Taxes: Answers to Your Questions About Limits
  • Many Tax Amounts Affecting Businesses Have Increased for 2021
  • The Power of the Tax Credit for Buying an Electric Vehicle
  • The Cents-Per-Mile Rate for Business Miles Decreases Again for 2021
  • Don’t Forget to Take Required Minimum Distributions This Year
  • The New Form 1099-NEC and the Revised 1099-MISC Are Due to Recipients Soon
  • PPP Loans Have Reopened: Let’s Review the Tax Consequences
  • One Reason to File Your 2020 Tax Return Early
  • Educate Yourself About the Revised Tax Benefits for Higher Education
  • Can Your Business Benefit From the Enhanced Employee Retention Tax Credit?
  • The COVID-19 Relief Law: What’s In It For You?
  • New Law Doubles Business Meal Deductions and Makes Favorable PPP Loan Changes
  • Prevent and Detect Insider Cyberattacks
  • The Right Entity Choice: Should You Convert From a C to an S corporation?
  • Your Taxpayer Filing Status: You May Be Eligible to Use More Than One
  • The Next Estimated Tax Deadline is January 15 If You Have to Make a Payment
  • 2021 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • Drive More Savings to Your Business with the Heavy SUV Tax Break
  • Can You Qualify for a Medical Expense Tax Deduction?
  • The QBI Deduction Basics and a Year-End Tax Tip That Might Help You Qualify
  • The Importance of S Corporation Basis and Distribution Elections
  • Maximize Your 401(k) Plan to Save for Retirement
  • Steer Clear of the Wash Sale Rule If You’re Selling Stock by Year End
  • Small Businesses: Cash In On Depreciation Tax Savers
  • Employees: Don’t Forget About Your FSA Funds
  • Taking Distributions From a Traditional IRA
  • Health Savings Accounts for Your Small Business
  • How Series EE Savings Bonds Are Taxed
  • Do You Want to Withdraw Cash From Your Closely Held Corporation at a Low Tax Cost?
  • Disability Income: How Is It Taxed?
  • Tax Responsibilities if Your Business is Closing Amid the Pandemic
  • New business? It’s a Good Time to Start a Retirement Plan
  • The 2021 “Social Security Wage Base” Is Increasing
  • Buying and Selling Mutual Fund Shares: Avoid These Tax Pitfalls
  • There May Be Relief from Tax Liability for “Innocent Spouses”
  • Understanding the Passive Activity Loss Rules
  • What Tax Records Can You Throw Away?
  • The Easiest Way to Survive an IRS Audit is to Get Ready in Advance
  • Why It’s Important to Plan for Income Taxes as Part of Your Estate Plan
  • The Tax Rules for Deducting the Computer Software Costs of Your Business
  • Can Investors Who Manage Their Own Portfolios Deduct Related Expenses?
  • Business Website Costs: How to Handle Them for Tax Purposes
  • 2020 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • Tax Implications of Working from Home and Collecting Unemployment
  • Homebuyers: Can You Deduct Seller-Paid Points?
  • Employers Have Questions and Concerns About Deferring Employees’ Social Security Taxes
  • Back-to-School Tax Breaks on the Books
  • 5 Key Points About Bonus Depreciation
  • Will You Have to Pay Tax on Your Social Security Benefits?
  • CARES Act Made Changes to Excess Business Losses
  • What Happens If an Individual Can’t Pay Taxes
  • The President’s Action to Defer Payroll Taxes: What Does It Mean for Your Business?
  • More Parents May Owe “Nanny Tax” This Year, Due to COVID-19
  • The Possible Tax Consequences of PPP Loans
  • The Tax Implications of Employer-Provided Life Insurance
  • File Cash Transaction Reports for Your Business — on Paper or Electronically
  • Are Scholarships Tax-Free or Taxable?
  • Why Do Partners Sometimes Report More Income on Tax Returns Than They Receive in Cash?
  • Take Advantage of a “Stepped-Up Basis” When You Inherit Property
  • Even If No Money Changes Hands, Bartering Is a Taxable Transaction
  • Conduct a “Paycheck Checkup” to Make Sure Your Withholding is Adequate
  • Businesses: Get Ready for the New Form 1099-NEC
  • After You File Your Tax Return: 3 Issues to Consider
  • Steer Clear of the Trust Fund Recovery Penalty
  • Some People Are Required to Return Economic Impact Payments That Were Sent Erroneously
  • Haven’t Filed Your 2019 Business Tax Return Yet? There May Be Ways to Chip Away at Your Bill
  • What Qualifies as a “Coronavirus-Related Distribution” From a Retirement Plan?
  • We’re Moving – New Address Effective 6/29/20
  • Launching a Business? How to Treat Start-Up Expenses on Your Tax Return
  • If You’re Selling Your Home, Don’t Forget About Taxes
  • Good Records Are the Key to Tax Deductions and Trouble-Free IRS Audits
  • Seniors: Can You Deduct Medicare Premiums?
  • Rioting Damage at Your Business? You May be Able to Claim Casualty Loss Deductions
  • A Nonworking Spouse Can Still Have an IRA
  • Business Meal Deductions: The Current Rules Amid Proposed Changes
  • Student Loan Interest: Can You Deduct It On Your Tax Return?
  • IRS Releases 2021 Amounts for Health Savings Accounts
  • Did You Get an Economic Impact Payment that Was Less than You Expected?
  • Fortunate Enough to Get a PPP Loan? Forgiven Expenses Aren’t Deductible
  • Business Charitable Contribution Rules Have Changed Under the CARES Act
  • There’s Still Time to Make a Deductible IRA Contribution for 2019
  • Do You Have Tax Questions Related to COVID-19? Here Are Some Answers
  • The CARES Act Liberalizes Net Operating Losses
  • IRA Account Value Down? It Might Be a Good Time for a Roth Conversion
  • Hiring Independent Contractors? Make Sure They’re Properly Classified
  • Answers to Questions You May Have About Economic Impact Payments
  • New COVID-19 Law Makes Favorable Changes to “Qualified Improvement Property”
  • COVID-19: IRS Announces More Relief and Details
  • Relief From Not Making Employment Tax Deposits Due to COVID-19 Tax Credits
  • Answers to Questions About the CARES Act Employee Retention Tax Credit
  • CARES ACT Changes Retirement Plan and Charitable Contribution Rules
  • A Note from Adam About CARES Act Paycheck Protection Program
  • Cash Payments and Tax Relief for Individuals in New Law
  • The New COVID-19 Law Provides Businesses with More Relief
  • Individuals Get Coronavirus (COVID-19) Tax and Other Relief
  • Coronavirus (COVID-19): Tax Relief for Small Businesses
  • Why You Should Keep Life Insurance Out of Your Estate
  • Small Business Owners Still Have Time to Set Up a SEP Plan for Last Year
  • The 2019 Gift Tax Return Deadline Is Coming Up
  • Determine a Reasonable Salary for a Corporate Business Owner
  • Home Is Where the Tax Breaks Might Be
  • Work Opportunity Tax Credit Extended Through 2020
  • Tax Credits May Help With the High Cost of Raising Children
  • Do You Run Your Business From Home? You Might Be Eligible for Home Office Deductions
  • How Business Owners May Be Able to Reduce Tax by Using an S Corporation
  • Reasons Why Married Couples Might Want to File Separate Tax Returns
  • The Tax Aspects of Selling Mutual Fund Shares
  • Do You Want To Go Into Business For Yourself?
  • Do Your Employees Receive Tips? You May Be Eligible for a Tax Credit
  • There Still Might Be Time to Cut Your Tax Bill with IRAs
  • Numerous Tax Limits Affecting Businesses Have Increased for 2020
  • Answers to Your Questions About 2020 Individual Tax Limits
  • Cents-Per-Mile Rate for Business Miles Decreases Slightly for 2020
  • Can You Deduct Charitable Gifts on Your Tax Return?
  • New Rules Will Soon Require Employers to Annually Disclose Retirement Income to Employees
  • Help Protect Your Personal Information by Filing Your 2019 Tax Return Early
  • 4 New Law Changes That May Affect Your Retirement Plan
  • New Law Helps Businesses Make Their Employees’ Retirement Secure
  • Your Home Office Expenses May Be Tax Deductible
  • New Law Provides a Variety of Tax Breaks to Businesses and Employers
  • Do You Have a Side Gig? Make Sure You Understand Your Tax Obligations
  • Adopting a Child? Bring Home Tax Savings with Your Bundle of Joy
  • 2020 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers
  • 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
  • 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!
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  • Last Minute Tax Saving Tips
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