December 27, 2011Small Business Healthcare Tax CreditAre you a small business owner that pays your employees health insurance premiums? If so, you need to make sure that you are taking advantage of The Small Business Healthcare…Read More
December 20, 2011Writing Off Bad Debt (Cash vs Accrual)Every year during year-end-tax planning meetings I get asked “This particular customer owes me money, can I write this off?” To which my usual response is, it depends on whether or not…Read More
December 13, 2011“Other Income” Items That Will Make You SmileBelieve it or not the tax code does have some funny and interesting tax laws. The “other income” items talked about below will either make you laugh or shake your…Read More
December 6, 2011Food & Beverage Industry FICA Tip CreditIs your company in the Food & Beverage Industry? Do you have tipped employees? If so, you need to make sure you are taking advantage of the FICA Tip Credit. …Read More
November 29, 2011Employer Identification Number (EIN)What is an Employer Identification Number (EIN)? Just as every individual taxpayer has a social security number that represents them, the EIN is a Tax ID number for a business.…Read More
November 22, 2011Deducting Moving ExpensesI have had this come up several times recently. It seems as though many people overlook the moving expense deduction. Taxpayers are entitled to deduct moving expenses provided they meet…Read More
November 15, 2011Trust Fund Recovery PenaltyMany employers these days are trying to run their businesses on limited cash flows. With cash flows tight, sometimes payroll withholding gets overlooked and set aside to pay at a…Read More
November 8, 2011Renting a Home You Own to a RelativeSo you have taken the plunge of becoming a landlord either from Converting Your Home Into A Rental or from purchasing rental property. You have been looking around for good tenants…Read More
November 1, 2011Converting Your Home into a Rental PropertyIn today’s housing market, many homeowners are finding it hard to sell their home without giving it away. One way to weather the housing market we are in is to…Read More
October 6, 2011Year-End Tax PlanningWe are now into the fourth quarter of 2011. Now is the time to be thinking about year-end tax planning. This is the time of year where both individuals and businesses can…Read More
