Choosing Your Accounting Method Under New Tax Laws
Businesses today must take a closer look at their accounting methods. Since the passage of new tax laws, with changes to thresholds for choosing accounting meth
Don’t Have a Budget? QuickBooks Online Can Help
The hardest part of creating a budget is getting started. QuickBooks Online provides tools that can jump-start the process.
Should I Use a Credit Card to Pay My Taxes?
With tax filing season out of the way, paying off those tax bills that weren’t paid by April 18th is the next major concern for people. While there are a few op
Good and Bad News About The Home Office Tax Deduction
“Home office” is a type of tax deduction that applies to the business use of a home; the space itself may not actually be an office. This category a
Is a Roth Conversion Right for You? But Be Careful, They Can No Longer Be Undone!
Roth IRA accounts provide the benefits of tax-free accumulation and, once you reach retirement age, tax-free distributions. This is the reason why so many taxpa
Solar Tax Credit – The Dark Side
There are TV ads, telemarketing phone calls and sales people at your front door all promoting the benefits of solar power, and one of the key considerations and
First-Year Start-Up Tax and Accounting Issues
Hereâs what every entrepreneur needs to know before they start a new business.
Charitable Giving & Your Taxes
When you give away cash or goods to qualified nonprofit organizations, you will probably be able to take a tax deduction as partial reward for your generosity.
Tax Deductions for Telecommuting Employees
Record separately items having a useful life of more than one year. Normally, the costs of such assets are recovered differently on your tax return than are oth
So Long To The Tax Deduction For Investment Expenses
Under the new tax reform law, investment expenses are no longer deductible as a miscellaneous itemized deduction. This means, for example, that if you have an i