Category: Accounting
Student loan interest deduction rules.
These rules suddenly become interesting when a student loan becomes part of your tax preparation.
The…
IRS form 1099-C
The IRS 1099-C is a tax surprise that won’t make you smile. “Forgive but collect” is the IRS motto when it comes to cancelled…
Millennials and Traditionalists
Our clients, Millennials to Traditionalists, are all different, individuals with attitudes and opinions. Some of…
Take it easy, Little Fella’, we’re talking about Young Adults!
Young adults can often benefit from the Patient Protection and Affordable Care Act…
WHO PAYS THE GIFT TAX FOR GRANDMA AND POPS?
Probably nobody. Ever. This tax has the reputation of being the most misunderstood and ignored tax…
Payroll Services are part of small business tax preparation. Whether your small business is your town’s favorite eatery, the best lawn care service…
Child Tax Credit
Child Tax Credit (CTC) is a federal tax credit which covers children under 17 years old and is the largest tax provision…
The Profit & Loss (P&L) Statement: Your business has a Secret PAL!
A Profit & Loss (P&L) Statement is a financial report or…
Tax preparation isn’t something you want to do when its time to prepare your tax returns. Wikipedia tells us tax preparation is …the process of…
Ask any entrepreneur “what is business passion?” and they’re likely to tell you why they’re in business. Ask yourself. Feel the business…