Year-End Business Tax Planning
There are a number of end of year tax planning strategies that businesses can use to reduce their tax burden for 2016. Here are a few of Continue reading Year-End Business Tax Planning
Year-End Business Tax Planning
Year-End Individual Tax Planning
Year-End Individual Tax Planning
Tax planning strategies for individuals this year include postponing income and accelerating deductions, as well as careful consideration Continue reading Year-End Individual Tax Planning
November 2016 Tax Calendar
November 2016 Tax Calendar; Excerpts & Highlights
Anytime
Employers – Income Tax Withholding. Ask employees whose withholding allowances will be different in 2017 to fill out a new Form W-4. The 2017 revision of Form W-4 will be available on the IRS website by Continue reading November 2016 Tax Calendar
Tax Record Retention; Toss When
Tax Record Retention; Toss When
Now is a great time to clean out that growing mountain of financial papers and tax documents that clutter your home and office. Here’s what you need to keep and what you Continue reading Tax Record Retention; Toss When
5 Ways to Financial Improvement
5 Ways to Financial Improvement
If you are having trouble paying your debts, it is important to take action sooner rather than later. Doing nothing leads to much larger problems in the future, whether it’s a bad credit record or Continue reading 5 Ways to Financial Improvement
Charitable Contributions of Property
Charitable Contributions of Property
If you contribute property to a qualified organization, the amount of your charitable contribution is generally the fair market value of the property at the time Continue reading Charitable Contributions of Property
Choosing the Right Entity Type
Choosing the Right Entity Type
When you decide to start a business, one of the most important decisions you’ll need to make is choosing the right business entity. It’s a decision that impacts many things–from the amount of taxes Continue reading Choosing the Right Entity Type
OCTOBER 2016 TAX CALENDAR
October 2016 Tax Calendar; Excerpts & Highlights
October 11
Employees who work for tips – If you received $20 or more in tips during September, report them to your employer. You can Continue reading OCTOBER 2016 TAX CALENDAR
The Home-Based Business: Basics to Consider
The Home-Based Business: Basics to Consider
More than 52 percent of businesses today are home-based. Every day, people are striking out and achieving economic and creative independence by turning their skills Continue reading The Home-Based Business: Basics to Consider
Home Office Deduction; Qualify?
Home Office Deduction; Qualify?
If you use part of your home for business, you may be able to deduct expenses for the business use of your home, provided you meet certain IRS requirements. Continue reading Home Office Deduction; Qualify?