Getting Around the $25 Deduction Limit for Business Gifts Sometimes doing business entails making gifts to customers, clients, employees, and other business entities and associates. For numerous reasons, such… More on this story
“Effective 1.1.15 – All Employer / School District Withholdings must go through Ohio Business Gateway” The Ohio Department of Taxation has released the following information: Ohio’s employer and school district withholding tax filing and payment… More on this story
Journal of Accountancy Reports: Filing Season Complications loom, IRS tells AICPA BY PAUL BONNER NOVEMBER 4, 2014 The 2015 tax filing season “will be one of the most complicated filing seasons… More on this story
Tax Savings and your Home Office The home office deduction is an important tax break associated with self-employment. But not all home offices qualify. And many… More on this story
AMT triggers could boost your tax bill if you’re not careful A fundamental tax planning strategy is to accelerate deductible expenses into the current year. This typically will defer — and… More on this story
Self-employed? Save more by setting up your own retirement plan If you’re self-employed, you may be able to set up a retirement plan that allows you to make much larger… More on this story
Donating appreciated stock can offer substantial tax benefits Are you planning to make charitable donations before year end? Do you own appreciated stock that you’d like to sell,… More on this story
Maximizing depreciation deductions in an uncertain tax environment For assets with a useful life of more than one year, businesses generally must depreciate the cost over a period… More on this story
Watch out for the wash sale rule If you’ve cashed in some big gains this year, consider looking for unrealized losses in your portfolio and selling those… More on this story
Careful tax planning critical for RSUs-and other stock-base compensation If you’re an executive or other key employee, you might be compensated with more than just salary, fringe benefits and… More on this story