by | Apr 13, 2016 | Accounting & Bookkeeping, Cash Flow, Income Taxes
Hard to believe, but it is tax season again. (For us it seems like it never ends!) That means it is time to start getting ready to file your tax return and pay your taxes. Most business owners put visiting their CPA right up there with visiting...
by | Apr 11, 2016 | Accounting & Bookkeeping, Income Taxes, Personal financial planning, Small Business Owners
It’s that time of year and if you’re like many this is probably an accurate description: your office is in some phase of disarray, you have papers and receipts scattered everywhere, file folders stacked precariously on one corner of your desk just waiting for the...
by | Feb 9, 2016 | Books, Income Taxes, Small Business Owners, Tax Tip of The Week
Those who are self-employed are known as Independent Contractors. They may act as a consultant or a virtual staff member for a company or corporation. Meaning they do work on behalf of the company but aren’t considered an “employee” as far as benefits go – this means...
by | Feb 8, 2016 | Current Affairs, Income Taxes, Personal financial planning
Divorce is a trying time on everyone. There are many issues that need to be resolved before anything can be finalized. This is true with material items and financial matters – especially those involving taxes. It is both extremely important and necessary for both...
by | Jan 29, 2016 | Accounting & Bookkeeping, Books, Income Taxes, Small Business Owners
Tax planning for the last few years has been made much more difficult by the ongoing game of chicken between Congress and the White House. Would they agree to extend the first year equipment deduction that allowed most small businesses to deduct the full cost of their...
by | Jan 28, 2016 | Accounting & Bookkeeping, Books, Income Taxes, Small Business Owners, Surviving an IRS Audit Series, Tax Tip of The Week
The IRS recently announced the official standard mileage rates for 2016. The mileage rates are: • 54 cents per mile for business use. This is a 3.5 cents per mile decrease from the 2015 business mileage rate. • 19 cents per mile for medical and moving miles driven in...
