Go to EFTPS to Check if the IRS Received Your Money
Is your last payment of payroll taxes in the hands of the IRS or in the hands of an embezzler? [...]
Common S Corp Health Insurance Deduction Mistake
If you own more than 2 percent of an S corporation, you have to do three things to claim a [...]
How to Handle Multiple Rental Real Estate Under the New Tax Law
There’s a lot of confusion out there around your rental activity and Section 199A. Your Section 199A considerations multiply when [...]
The Backdoor ROTH Strategy You Should Know
As you likely know, the Roth IRA is a terrific way to grow your wealth with a minimum tax downside [...]
Keeping a Good Tax Records Will Save You From IRS – Home Improvement
We are sure there are many parts of the tax code that you don’t like, particularly the parts where you [...]
Purchasing Your Leased Vehicle For Business Is Beneficial
Before the Tax Cuts and Jobs Act (TCJA), your purchase of the vehicle you were leasing did not qualify for [...]
Beware of Dishonest Tax Preparers
Here’s a rule: Protect yourself. Do not engage dishonest tax preparers. And here’s a story that we want you to [...]
Property Improvements Under the New Tax Law
Qualified improvement property is any improvement to the interior portion of a building that is nonresidential real property (think office [...]
Deducting Medicare Reimbursements to Your Employees
The Affordable Care Act’s $100-a-day penalty for improper medical reimbursements likely has your attention. And it should. But you can [...]
Tax Deduction for Classic or Antique Car Used for Business
How does the tax law treat the classic or antique car when you use it for business? Can you deduct [...]