IMPROVING YOUR BUSINESS

Starting on February 15, employers were required to begin using new federal withholding tables. These tables reflect the Tax Cut and Jobs...

How much mortgage and home equity loan interest can you now deduct? Prior to the Tax Cuts and Jobs Act (TCJA), you could deduct interest...

It isn’t always easy to tell what separates a strong tax advisor from a “just okay” tax preparer.  Here are a few things to look for....

Instead of looking backward when it comes to taxes, consider looking forward. On the one hand, tax compliance is retrospective in that it...

The most fundamental question everyone has about the tax reform bill is simple: Are my taxes going down or up? While some of the earlier...

December brought significant change to the tax world -- out with some deductions, in with some new deductions and tax rates. However, now...

I can’t make tax deductions appear out of thin air. Trust me, I’d love it if I could - I’d make tons of money. Unfortunately, almost 100%...

A weekend rancher had a profit motive despite years of losses, the U.S. Tax Court ruled. Business owners can generally deduct business...

Is a taxpayer an employee or an independent contractor? The answer is in the details and determines the types of tax the person must pay....

When most of us start a new job or a new business, we are rightly most highly concerned with what our lives will look like as soon as we...

For most people and most businesses, tax planning isn’t complicated. It’s about not making big mistakes and about making a couple of...

In my practice, and every other public accounting firm where I’ve worked, the biggest cost driver of professional fees for our small...

You can take advantage of some flexibility in tax rules for retirement accounts, but only if you can prove you qualify. For example,...