05/30/2018 Cut Recurring Costs to Improve Cash Flow Healthy cash flow is crucial to the survival of any business. Without enough cash on hand to pay your bills… Keep reading By Bizink
05/30/2018 Cash in Your Pocket for College Courses Do you have kids in college? Or have you taken college courses to improve your job skills? The tax code… Keep reading By Bizink
05/30/2018 Donate Stock to Charity and Save Big on Tax Are you thinking of making a large year-end gift to a favorite charity? Do you own stocks that have increased… Keep reading By Bizink
05/30/2018 Can I Afford to Buy a Delivery Van for My Business? This question came in to our office from a small food-manufacturing business. This was why this client was seeking the… Keep reading By Bizink
05/30/2018 Track Your Miles to Save Taxes The IRS allows deductions for driving your car for business, charitable or medical purposes. Business mileage includes driving from one… Keep reading By Bizink
05/30/2018 Bunch Your Deductions and Get a Bigger Bang for Your Buck Certain expenses can only be deducted as itemized deductions on your personal tax return if they exceed a threshold percentage… Keep reading By Bizink
05/30/2018 Save IRS Penalties by Adjusting Your Withholding Now Has this year been especially good for you financially? Was your business more profitable this year? Did your investments pay… Keep reading By Bizink
05/30/2018 7 Things You Need to Know About State Income Taxes for Your Business Does your business have customers in more than one state? If so, welcome to the wild world of state income… Keep reading By Bizink
05/30/2018 6 Tips for Successful Like-Kind Exchanges Are you considering a like-kind or 1031 exchange? With a like-kind exchange, you sell something you own now and replace… Keep reading By Bizink
05/30/2018 4 Things to Know about IRS Notices Getting a letter from the IRS is scary. But if you do the right things, the worst consequences can be… Keep reading By Bizink
05/30/2018 Workers Lose Deduction for Job Expenses Under New Tax Law Work just got more expensive for some employees, thanks to the Tax Cuts and Jobs Act passed in December of… Keep reading By Bizink
05/30/2018 What Small Business Owners Need to Know About the New Section 199A Passthrough Deduction The Tax Cuts and Jobs Act passed in December, 2017 included a big help for many small businesses with the… Keep reading By Bizink
05/30/2018 New Law Limits the Mortgage Interest Deduction, But You Might Still Come Out Ahead A big draw for homeownership in the US has been the deduction for mortgage interest. However, the Tax Cuts and… Keep reading By Bizink
05/30/2018 Landlords Win Big in New Tax Law The Tax Cuts and Jobs Act signed by President Trump in late December came with a lot of goodies for… Keep reading By Bizink
05/30/2018 Is that Independent Contractor Really an Employee? Stay out of Trouble with the IRS by Getting it Right Do you know the difference between an employee and an independent contractor? Employers who misclassify their workers may have to… Keep reading By Bizink
05/30/2018 Thinking of Selling Your Business? This Obscure IRS Form Keeps You Safe if the Buyer Doesn’t Pay Their Payroll Taxes Did you know that if you don’t file an obscure form after you sell your business, the IRS could come… Keep reading By Bizink
05/30/2018 Big Changes to Meals and Entertainment Expenses in the 2017 Tax Law The 2017 Tax Cuts and Jobs Act made big changes to the deductibility of meals and entertainment expenses for businesses.… Keep reading By Bizink
05/30/2018 Business Identity Theft: The Rising Epidemic No One’s Talking About Did you know that businesses can be victims of identity theft? During the first five months of 2017, the IRS… Keep reading By Bizink
05/30/2018 Do you have a home office for your S-corporation? Deduct your expenses using an accountable plan S-corporation shareholders are considered employees of their businesses, so unlike partners in a partnership, they can’t simply deduct unreimbursed business… Keep reading By Bizink