Keeping Your Tax Records
When it comes to your taxes, good records are the best protection you can have if the government decides to audit your returns. But just as important as your ef
Tax Filing Deadline Rapidly Approaching
Just a reminder that the due date for 2017 tax returns is April 17, 2018! There is no penalty for filing late if you are receiving a refund. However, it is quit
Tax Deductions for Day Care Providers
Your auto expenses are based on the number of qualified business miles you drive.
Are You Part Of The 1%, When it Comes To Paying Taxes?
The latest set of figures is for 2015 tax returns and provides some interesting statistics on the adjusted gross income of US taxpayers.
Tax Reform Puts a Cap on Deducting Business Losses
Under the Act, deductible business losses of noncorporate taxpayers will be limited beginning in 2018. Many have misconstrued this new law to mean that no losse
Is Bunching Right for You?
The Act increased the standard deduction and placed new limitations on itemized deductions. Beginning with 2018 tax returns, the standard deductions will be:
Cryptocurrencies and Taxes
As our world has become more and more “digital,” it was only a matter of time before cryptocurrencies were developed. One of the first of these virt
Tax Reform Limits Exchanges to Defer Taxes
Whenever you sell business or investment property and have a gain, you generally have to pay tax on the gain at the time of sale. In the past, the tax code prov
Can’t Pay Your Taxes by the April Due Date?
If you aren’t one of those lucky Americans who gets a tax refund from the IRS you might be wondering about your options for paying off your tax liability
QuickBooks Tip: Get Paid Faster Using QuickBooks
Are your customers slow about paying their invoices? QuickBooks can help accelerate your receivables.