In a continued effort to help mitigate the financial devastation caused by the Coronavirus, President Donald Trump signed the Families First Coronavirus Response Act. This new law requires certain employers to provide emergency paid sick leave in certain...
If you thought it’s been a whirlwind of changes from the Treasury Department and IRS regarding tax filing deadlines you’re not alone. Now, don’t get me wrong, we’re all grateful for any reprieve we can get during these difficult times....
The Home Office Deduction is still alive and well…don’t let any accountant tell you otherwise. It’s NOT a high risk write-off every good business owner should take advantage of it. Moreover, there are several strategies on how to maximize the Home...
Even though 2019 has come and gone, it’s time to gather your records and file your tax return. As such, I want to encourage business owners of S-Corps, LLCs and Sole-props to comb through every record they can to maximize their deductions. If you have QuickBooks...
Well, things changed in 2018 under the Tax Cuts and Jobs Act when it comes to writing off meals and food expenses in your small business…and frankly, that’s for any size business. Large or small, business owners have to reevaluate their budget for the...
The Mortgage interest deduction is a seemingly easy to understand and straight forward tax deduction that will be utilized by millions of Americans when they file their taxes this year. However, it was dramatically changed under the Tax Cuts and Jobs Act of 2017,...
