Summer is just around the corner, so you might be thinking about getting some vacation time. If you’re self-employed or a business owner, you have a golden opportunity to combine a business trip with a […]
Tax-smart domestic travel: Combining business with pleasure Read More »
PRESS RELEASE Contacts: Paul Glantz, CPA Launch Consulting, Inc 512-666-0729 Paul@launchconsultinginc.com Kim Amsbaugh, Intuit, Inc 650-944-6649 kim_amsbaugh@intuit.com Paul Glantz, CPA Appointed to Intuit’s Accountant Council Select Panel Advises on Products
PRESS RELEASE: Paul Glantz, CPA Appointed to Intuit’s Accountant Council Read More »
Couples getting married this year know there are a lot of details in planning a wedding. Along with the cake and gift registry, their first tax return as a married couple should be on their
Taxpayers should include tax plans in their wedding plans Read More »
If you’re a business owner and you hire your children (or grandchildren) this summer, you can obtain tax breaks and other nontax benefits. The kids can gain on-the-job experience, save for college and learn how
Hire your children this summer: Everyone wins Read More »
If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed. It doesn’t explicitly state that you can deduct office
What type of expenses can’t be written off by your business? Read More »
Many employers prefer to classify workers as independent contractors to lower costs, even if it means having less control over a worker’s day-to-day activities. But the government is on the lookout for businesses that classify
Employee vs. independent contractor: How should you handle worker classification? Read More »
Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic, exciting time. And as you know, before you even open the doors, you generally have
How entrepreneurs must treat expenses on their tax returns Read More »
The following is a summary of important tax developments that occurred in October, November, and December of 2018 that may affect you, your family, your investments, and your livelihood. Please call us for more information
Recent Developments That May Affect Your Tax Situation Read More »
Today, the IRS announced that Tesla, Inc. has sold more than 200,000 vehicles eligible for the plug-in electric drive motor vehicle credit during the third quarter of 2018. This triggers a phase out of the
Tax Credit for Plug-In Electric Vehicle Credit Begins Phase Down Read More »
WASHINGTON — The Internal Revenue Service today issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1,
IRS issues standard mileage rates for 2019 Read More »
Under the Tax Cuts and Jobs Act (TCJA), many more businesses are now eligible to use the cash method of accounting for federal tax purposes. The cash method offers greater tax-planning flexibility, allowing some businesses to defer taxable income. Newly eligible businesses should determine whether the cash method would be advantageous and, if so, consider switching methods.
Tax reform expands availability of cash accounting Read More »
