Individual Taxpayers: Recap for 2019
Individual Taxpayers: Recap for 2019 As we close out the year and get ready for tax season, here’s what individuals and families need to know about tax provisions for 2019.…
Business Tax Provisions: The Year in Review
Business Tax Provisions: The Year in Review Here’s what business owners need to know about tax changes for 2019. Standard Mileage Rates The standard mileage rate in 2019 is 58…
Tax Breaks for Business: Charitable Giving
Tax Breaks for Business: Charitable Giving Tax breaks for charitable giving aren’t limited to individuals, your small business can benefit as well. If you own a small to medium-size business…
Updated Rules: Deductible Business & Other Expenses
Updated Rules: Deductible Business & Other Expenses Taxpayers using optional standard mileage rates in computing the deductible costs of operating an automobile for business, charitable, medical or moving expense purposes…
Year-End Tax Planning for Individuals
Year-End Tax Planning for Individuals With the end of the year fast approaching, now is the time to take a closer look at tax planning strategies you can use to…
Year-End Tax Planning Strategies for Businesses
Year-End Tax Planning Strategies for Businesses A number of end-of-year tax planning strategies are available to business owners that can be used to reduce their tax liability. Here are a…
Seasonal Workers and the Healthcare Law
Seasonal Workers and the Healthcare Law Businesses often need to hire workers on a seasonal or part-time basis. For example, some businesses may need seasonal help for holidays, harvest seasons,…
Tax Treatment of Virtual Currency Transactions
Tax Treatment of Virtual Currency Transactions If you’ve invested in Bitcoin and decide to sell you need to consider the impact of virtual currency transactions on your taxes. Here’s what…
Tax Preparation vs. Tax Planning
Tax Preparation vs. Tax Planning Many people assume tax planning is the same as tax preparation but the two are actually quite different. Let’s take a closer look: What is…
New Tax Rules for Divorce and Alimony Payments
New Tax Rules for Divorce and Alimony Payments Divorce is a painful reality for many people both emotionally and financially, and quite often, the last thing on anyone’s mind is…