Clergy Tax Benefits Under Fire
Section 107 of the Internal Revenue Code provides that a minister of the gospel’s gross income doesn’t include the rental value of a home (parsonage
Big Changes for Vehicle Tax Deductions
In the past, the business use of a vehicle was determined either by using the standard mileage rate for business or using actual expenses plus vehicle depreciat
A Mid-Year Tax Checkup May Be Appropriate
Taxes are similar to vehicles, in that they sometimes need a check-up to make sure they are performing as expected. That is especially true for 2018, with all o
How Some High-Income Taxpayers Can Maximize the New 20% Pass-through Business Deduction
Taxpayers with higher 1040 taxable incomes who are self-employed but are not “specified service businesses” may find it beneficial to structure new
10 Mistakes Most Small Business Owners Miss When Starting Out
By being aware of a few of the most common legal and compliance mistakes made by small business owners when starting out, you can be better prepared for future
Offer in Compromise FAQs
Taxpayers interested in pursuing an IRS Offer in Compromise generally have three different options available to them under federal law. Learn more.
How QuickBooks Online Can Improve Your Company’s Financial Health
QuickBooks Online is more than just an online bookkeeper. It can help improve your cash flow, your customer relationships, your inventory readiness, and your fu
Business Tax Reform Planning Options
Tax reform enacted at the end of 2017 included many issues that small businesses should be aware of to ensure the best tax outcome when filing their 2018 tax re
