by briesterer@thinkvisionary.com | Jan 7, 2019 | Newsletter
The Tax Consequences of Losing your Job If you’ve lost your job you may have questions surrounding unemployment compensation, severance, and other issues that could affect your tax situation. Here are some answers: Q: What if I receive unemployment compensation?...
by briesterer@thinkvisionary.com | Jan 4, 2019 | Newsletter
Employers Beware: Identity Theft and W-2 Scam Alert The 2019 tax season is quickly approaching and with it an increase in identity theft and W-2 scams. Small business identity theft is big business for identity thieves. Just like individuals, businesses may have their...
by briesterer@thinkvisionary.com | Dec 20, 2018 | Newsletter
The Tax Cuts and Jobs Act of 2017 (TCJA) eliminated or modified numerous tax provisions starting in 2018. Here’s what individuals and families need to know as they get ready for tax season. Personal Exemptions Personal exemptions are eliminated for tax years...
by briesterer@thinkvisionary.com | Dec 18, 2018 | Newsletter
Here’s what business owners need to know about tax changes for 2018. Standard Mileage Rates The standard mileage rate in 2018 is 54.5 cents per business mile driven. Health Care Tax Credit for Small Businesses Small business employers who pay at least half the...
by briesterer@thinkvisionary.com | Dec 17, 2018 | Newsletter
When it comes to creating a budget, it’s essential to estimate your spending as realistically as possible. Here are five budget-related errors commonly made by small businesses and some tips for avoiding them. Not Setting Goals. It’s almost impossible to...