Deductibility Guidelines for Charitable Donations

Do you enjoy making donations to charities and having the benefit of a tax write-off for your contribution? It’s important to understand the tax provisions that apply to these donations, especially contributions of clothing, household items, and monetary giving....

2017 Federal FUTA Credit Reduction Rates Announced

Are you an employer who must take into consideration the credit reduction when filing your FUTA tax return for 2017? A state is a credit reduction state if it has taken loans from the federal government to meet its state unemployment benefits liabilities and has not...

10 Big Tax and Accounting Issues

Entrepreneurs usually aren’t surprised by the amount of work it takes to get a business up and running and become successful. But these same small business owners are often blindsided by the time and effort required for tax and accounting issues. It’s an...

ACA: IRS Releases 2017 Reporting Forms

Are you up to date with your knowledge on your company’s reporting requirements? An article shared by CalChamber informs employers about the 2017 Affordable Care Act (ACA) tax reporting forms and instructions. With no changes to the Affordable Care Act (ACA) on...

A Radical Proposal for Fighting Tax-Related ID Theft

Are you concerned about your tax information being stolen? A recent article from TaxProToday.com, written by Roger Russell, brought to our attention how a new idea could help cut down on tax-related ID theft and protect taxpayers in the long run. Tax experts Roger...

Home Office Deduction: Which Method to Use?

Are you an entrepreneur using a home office? Are you aware there are two different ways to take the deduction for the use of your home for business purposes? Determining which is right for you is the topic of today’s blog. The IRS has very specific guidelines as...

Pin It on Pinterest