by Accent452023 | Dec 19, 2018 | Business, Tax Central
The Internal Revenue Service (IRS) computes standard mileage rates for business, medical and moving each year, based on a number of factors, to determine the standard mileage rates for the following year. As it does annually around the end of the year, the IRS...
by Accent452023 | Oct 9, 2018 | Business, Taxes
If you are a business owner who is accustomed to treating clients to sporting events, golf getaways, concerts and the like, you were no doubt saddened by the part of the tax reform that passed last December that did away with the business-related deductions for...
by Accent452023 | Sep 21, 2018 | Business, Reminders, Tax Planning
October 1 – Fiduciaries of Estates and Trusts File a 2017 calendar year return (Form 1041). This due date applies only if you were given an extension of 5 ½ months. If applicable, provide each beneficiary with a copy of K-1 (Form 1041) or a substitute Schedule...
by Accent452023 | Sep 20, 2018 | Business, Tax Reform
Article Highlights: 20% Flow-Through Deduction Qualified Trade or Business Specified Service Trade or Business Deduction Table Listing of Service Businesses As part of its recent tax reform, Congress included a new 20% deduction of pass-through income for trades or...
by Accent452023 | Sep 18, 2018 | Business, Tax Central, Tax Planning, Video & InfoGraphics
Article Highlights: Business Owners Family and Home Records Disaster Scams Self-help Publications Government Assistance This year’s wildfires, record rains, flooding, tornadoes, hurricanes and potential for earthquakes should all act as reminders that you should be...