Oct 31
Brewery Owner in apron inspecting industrial equipment at the brewery

Business Tax: Is it Time To Consider Section 179?

Section 179 expensing can be a very powerful tax-planning tool for small- and medium-sized businesses acquiring capital assets. While it doesn't change the amount of depreciation you can take over the life of capital purchase, it can change the timing by allowing you to deduct your purchase in the first... read more →
Oct 24
Oct 17
Hispanic couple looking at computer

Renew Your ITIN Now – Before The Tax Deadline

If you have an Individual Taxpayer Identification Number (ITIN) rather than a Social Security number (SSN) you may need to take action or you'll be unable to file a tax return for 2017. What to know about ITINs ITINs are identification numbers issued by the U.S. government for individuals who do not qualify to... read more →
Oct 10
American dollars grow from the ground

5 Tax-Loss Harvesting Tips

Though the markets have been up strongly this year, your investment portfolio may have a few lemons in it. By using the tax strategy of tax-loss harvesting, you may be able to turn those lemons into lemonade. Here are some tips: Tip #1: Separate short-term and long-term assets. Your assets can... read more →
Oct 03
Sep 26
business, office, school and education concept - man filling tax form

Contractor Or Employee?

Knowing the difference is important Is a worker an independent contractor or an employee? This seemingly simple question is often the contentious subject of numerous IRS audits. As an employer, getting this wrong could cost you plenty in the way of Social Security, Medicare and other employment-related taxes. Here is... read more →
Sep 19
Eraser erasing a tax form

Avoid These Common Tax Mistakes

There are nearly 1,000 different tax forms used by the IRS to report tax obligations. It’s no wonder the IRS faces thousands of tax returns with errors each year. Here are some of the most common: Wrong names and Social Security numbers. Taxpayers regularly make mistakes by entering incorrect information for... read more →
Sep 12
Hourglass

Business Planning: The Hourglass Approach

When it comes to annual planning, businesses often spend too much time on the planning process or too little because they are busy with day-to-day operations. There’s a simple method called the “Hourglass Approach” that can help you efficiently focus on your goals and create a plan to achieve them.... read more →
Sep 05
A handsome male college student smiling on the school campus

Say Goodbye To The College Tuition Deduction

It’s hard enough to watch your child leave for college. Now you also have to say goodbye to the tuition and fees tax deduction. Congress decided not to extend this $4,000 deduction for 2017, leaving many parents worried that college will now be more expensive. But it isn’t as bad... read more →
Sep 01
rental agent giving keys to man and sign rental agreement in office for a business

Becoming a Smarter Renter

Renting an apartment, condo or house; leasing a piece of equipment; renting business property; leasing a car: all involve the common practice of renting something that is owned by someone else. To make sure you always have a good experience, here are some hints to becoming a smarter renter. Read... read more →