Understanding Key 2014 Tax Changes

  • March 10, 2014

While you may be concerned about your 2013 tax return, right now is a good time to start thinking about 2014....

FAQ: How Do I Gather the Right Paperwork for a Charitable Deduction?

  • March 3, 2014

written by Kami Mason Taxpayers must generally provide documentation to support a claim for any contributions made to charity that they...

IRS 2013 Audit Rates Vary Significantly Among Taxpayers

  • February 24, 2014

written by Joe Farias The IRS revealed the newest data and it shows a decline in audits amid all income groups...

Are you planning to construct a new building or start a major building remodel?

  • January 20, 2014

Are you planning to construct a new building or start a major building remodel?  If so, there are several items that...

How to Calculate the Kiddie Tax

  • January 6, 2014

A child with earned income above a certain dollar amount is generally required to file their own individual tax return. However,...

How will expiring tax provisions affect businesses at the end of 2013?

  • December 16, 2013

The tax code contains many provisions that are considered temporary and will expire after a set period of time. The end...

Reduce Your Tax Liability with Estate and Gift Tax Planning

  • December 9, 2013

Take advantage of the following estate planning techniques to reduce your estate and in some instances your income tax burden. Use...

New Repair and Maintenance Regulations: Part II Safe Harbor De Minimis Rule

  • December 2, 2013

ALERT: ACTION NEEDED BY DECEMBER 31, 2013 Your business may need to adopt a written accounting policy by December 31, 2013...

New Repair and Maintenance Regulations: Part I Materials & Supplies

  • December 2, 2013

Businesses have forever struggled with the issue of when to deduct amounts paid for the acquisition, production, or improvements of tangible...