The safe harbor threshold for small businesses deducting certain capital items has increased from $500 to $2,500. This needs to be understood and incorporated into any strategy used for structuring how to deduct tangible property Continue reading How to Deduct Tangible Property
Can you point your company in the direction of financial success, step on the gas, and then sit back and wait to arrive at your destination?
Not quite. You can’t let your business run on autopilot and Continue reading Make Your Company a Financial Success
Congress finally took action in late December and passed a tax extender bill formally known as the Protecting Americans from Tax Hikes Act of 2015 (PATH), which was then signed Continue reading 10 Tax Breaks for Tax Year 2015
2016 Retirement Contribution Limits
The Internal Revenue Service has announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax Continue reading 2016 Retirement Contribution Limits
All employers – Give your employees their copies of Form W-2 for 2015 by February 1, 2016. If an employee agreed to receive Form W-2 electronically, post it on a website accessible to the employee and notify the employee of the Continue reading January 2016 Tax Calendar
