Important Tax Information

The Tax Cuts and Jobs Act increased the standard deduction, removed personal exemptions, increased the child tax credit, limited or discontinued certain deductions and changed the tax rates and brackets. It’s especially important for certain people to make sure they...

Your Vigilance Can Prevent Accounting Issues

As a business gets rolling, a myriad of factors can combine to create accounting issues. Although perfect accounting is as mythical as the unicorn, it’s important for business owners to adopt a strategy of keen bookkeeping oversight. The alternative is certain to...

Did You Suffer Losses From a Disaster?

With wild fires in the west, hurricanes on the east coast and tornadoes and severe storms in the middle of the country, the U.S. has been hit hard this year. If you are a victim of one of these natural disasters, here are some tips to help you with potential tax...

Protecting Your Business From Scams

Fraudulent activity is on the rise Approximately 1 in 18 Americans have their identities stolen each year. Among the many identity theft scams is an emerging hoax in which cybercriminals obtain remote control of computer systems to hack into sensitive employee...

Deducting Auto Expenses

If you use your automobile for business, you may be entitled to tax deductions. Unless your car is used exclusively for business, you cannot claim a 100% business deduction. Deducting auto expenses requires diligent recordkeeping. There are two methods available for...

Paying Your Taxes in Cash

Paying Your Taxes in Cash IRS offers new cash payment plan The IRS announced a new payment option for individual taxpayers who need to pay their taxes with cash. In partnership with ACI Worldwide’s OfficialPayments.com and the PayNearMe Company, individuals can now...

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