Learn How Business Owners Can Hire Their Children During The Summer To Help Save On Taxes.
There are significant tax benefits in hiring your child during the summer school vacation.
Tax Reform Suspends the Tax Deduction for Employee Business Expenses
Not all provisions of the Tax Cuts and Jobs Act are beneficial to taxpayers. One notable negative provision is the suspension of the deduction for employee busi
Household Employees and Your Taxes
Household employees are workers you hire for “domestic services,” i.e., those services performed in and about your home. Duties of cooks, butlers, h
What Makes a Great CEO?
People don’t quit their jobs. They quit their leaders. What makes a great CEO?
Home Ownership – Your Best Tax Shelter
Home ownership can provide you with important tax benefits:
Tax Deductions for Airline Flight Crew Personnel
Dues paid to professional societies related to your occupation are deductible.
Divorce and the New Tax Law Brings a Plethora of Tax Planning Decisions
If you are recently divorced or are contemplating divorce you will have to deal with or plan for significant tax issues such as asset division, alimony, and tax
QuickBooks Tip: Customizing QuickBooks’ Forms
The invoices and other forms you send to customers and vendors should reflect your company’s attention to detail, accuracy, and consistency.
Big Changes Ahead For How Alimony is Treated for Tax Purposes
Alimony is the term used for payments to a separated spouse or ex-spouse as part of a divorce or separation agreement. Since 1985, to be alimony for tax purpose
Tax Reform Adds Education Benefit
Tax law provides two tax-advantaged savings plans for the Qualified State Tuition Plan (commonly referred to as a 529 Plan). They are similar in that contributi