Blog
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2018
Small Business Tax Briefs: November 2018
As we near the end of the year, learn about what and how holiday gifts and parties are considered taxable or deductible, the benefits of setting up a retirement plan before 2019, and how purchasing assets can reduce this year's tax liability. Explore how the Tax Cuts and Jobs Act expanded the number of business eligible for Cash method accounting and made the research credit available to more businesses.
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2018
Small Business Tax Briefs: October 2018
Explore the benefits of a cost segregation study, popular options for tax free benefits for employees, and examining business expenses for deductions.
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2018
Small Business Tax Briefs: September 2018
For September we cover the deadlines of 4th quarter 2018 and explore the ways to reduce the risks of classifying workers as independent contractors. This month's blog also touches on a few State Tax Briefs, explains how to safely reimburse travel expenses to employees and explores the possibility of business tax identity theft.
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2018
Small Business Tax Briefs: August 2018
August's tax briefs include the details on SIMPLE IRAs for small businesses, S-Corporation business structures, and choosing an accounting method for tax purposes. You can also read about the ins and outs of a family limited partnership (FLP) for saving tax during family business succession planning.
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2018
Small Business Tax Briefs: July 2018
July's blog includes details on who can deduct home office expenses and what the criteria are, documentation requirements for meals and travel, payroll tax penalties assessed to responsible individuals, and how the QBI wage limit works.
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2018
The Impact of South Dakota vs. Wayfair, Inc.
In late June, the U.S. Supreme Court expanded the ability of states to collect sales tax from out-of-state online retailers. If your business makes online sales to out-of-state customers, here’s what you need to know.
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2018
Small Business Tax Briefs: June 2018
Learn about the use and treatment of virtual currency, tax law changes that may affect your business' 401(k) plan, and choosing the best business entity under the Tax Cuts and Job Act. Also explore a few tips for monitoring your financial goals and get a reminder of deadlines during 3rd quarter.
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2018
Small Business Tax Briefs: May 2018
This edition explains the use IRS Audit Technique Guides, the stipulations on deducting business travel when combined with vacation, and using an accountable plan for employee reimbursements. Also, learn more about deducting pass-through business losses and the benefits of hiring your child.
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2018
Small Business Tax Briefs: April 2018
Learn about classifying workers as employees vs. independent contractors and tax document retention guidelines for small businesses. See how the Tax Cuts and Jobs Act will affect a net operating loss and employee benefit tax breaks, as well as review the most significant changes of the TCJA.
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2018
Small Business Tax Briefs: March 2018
Read about the differences between repairs and improvements, transitioning from a hobby to a business, the changes in Section 1031 exchanges, and important second quarter deadlines.
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