2019 Q3 TAX CALENDAR: KEY DEADLINES FOR BUSINESSES AND OTHER EMPLOYERS Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2019. Keep in mind that this list isn’t all-inclusive, so there may be additional...
Innovative Strategies For Winning Tax Controversies, Business Structuring And Estate Planning
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Hire your children this Summer!
HIRE YOUR CHILDREN THIS SUMMER: EVERYONE WINS 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 to manage...
Travel Expenses for Business and Vacation Trips
Renewable Energy Tax Credit for Homeowners
The IRS is Back in Business!
This morning, at about 10 a.m., I received the first call in about a month from the IRS. The IRS appeals office, Revenue Officers (collection agents) and Revenue Agents (auditors) are back at work. They will be busy: chasing taxpayers for money auditing businesses...
2019 Mileage Rate is $.58
HIGHER MILEAGE RATE MAY MEAN LARGER TAX DEDUCTIONS FOR BUSINESS MILES IN 2019 This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business increased by 3.5 cents, to the highest level since 2008. As a...
Key deadlines for businesses and other employers
2019 Q1 TAX CALENDAR: KEY DEADLINES FOR BUSINESSES AND OTHER EMPLOYERS Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2019. Keep in mind that this list isn’t all-inclusive, so there may be additional...
Are your Business Holiday Gifts Deductible?
WHEN HOLIDAY GIFTS AND PARTIES ARE DEDUCTIBLE OR TAXABLE The holiday season is a great time for businesses to show their appreciation for employees and customers by giving them gifts or hosting holiday parties. Before you begin shopping or sending out...
Happy Thanksgiving!
Happy Thanksgiving! The best gift to your loved one is revising and updating your Estate Plan!