Category Archives: Tax Tips

The SECURE Act – What You Need to Know

Congress recently passed—and the President signed into law—the SECURE Act, landmark legislation that affects the [...]

Accelerate depreciation deductions with a cost segregation study

Is your business depreciating over a 39-year period the entire cost of constructing the building [...]

The tax implications of a company car

The use of a company vehicle is a valuable fringe benefit for owners and employees [...]

Businesses can utilize the same information IRS auditors use to examine tax returns

The IRS uses Audit Techniques Guides (ATGs) to help IRS examiners get ready for audits. [...]

Tax-smart domestic travel: Combining business with pleasure

Summer is just around the corner, so you might be thinking about getting some vacation [...]

Taxpayers should include tax plans in their wedding plans

Couples getting married this year know there are a lot of details in planning a [...]

Hire your children this summer: Everyone wins

If you’re a business owner and you hire your children (or grandchildren) this summer, you [...]

What type of expenses can’t be written off by your business?

If you read the Internal Revenue Code (and you probably don’t want to!), you may [...]

Employee vs. independent contractor: How should you handle worker classification?

Many employers prefer to classify workers as independent contractors to lower costs, even if it [...]

How entrepreneurs must treat expenses on their tax returns

Have you recently started a new business? Or are you contemplating starting one? Launching a [...]