Surprise Tax Increase
By now, we all know about the changes, or at least some of the changes that have been brought about [...]
Is it Worth Amending Your Tax Return?
Whether you feel that it is worth it or not to file an amended return is not the issue. The [...]
Does Your Business Qualify for a 20 Percent Tax Deduction?
The 20 percent tax deduction under new 2018 tax code Section 199A is a nice tax break for business owners, [...]
How to Get Out of an IRS Penalty
You hate IRS penalties, right? Everyone does! There are a lot of strategies we can use on your behalf to [...]
Pass Through Entities and the Tax Cuts and Jobs Act
Pass through entities include, LLCs, partnerships, S Corporations and sole proprietorships. It means that profits and losses from the business [...]
Virtual Currency FAQs
The use of virtual currencies have become more widespread in today’s economy. According to the IRS, a virtual currency is [...]
Key Legislative and Regulatory Changes to Affect Small Businesses in 2018
Will your business be impacted by legislative reforms and regulatory changes in 2018? This list of the most significant changes [...]
Calculating Your Tax Deduction on Qualified Business Income
As you know, new tax code Section 199A offers a 20 percent tax deduction on your qualified business income—if you [...]
Business Tax Tips That Could Save You Thousands
We have worked with many entrepreneurs like you over the years. We find that the majority of our clients strive [...]
Hobby Income Versus Business Income
The tax law has mistreated hobbies for a long time. But the most recent tax reform brings an end to [...]