A Refresher on the 20% Pass-Through Deduction
The 20% pass-through deduction was big news for small businesses when the Tax Cuts and Jobs act was signed into law last year. In effect, this equates to not having [...]
Tax Season 2018: The Rundown on Individual Returns
Tax Season 2018: The Rundown on Individual Returns The Tax Cuts and Jobs Act was big news when it was signed into law in December of 2017. But once the [...]
It’s Nothing Personal: Why Your Business Bank Account is Only for Business
If you’re a business owner, chances are that your work is also your passion. But that personal connection should be cut off when it comes to your business bank account. [...]
The (New) Cost of Doing Business: State Sales Tax for Online Purchases
You might soon pay more for your online purchases thanks to the U.S. Supreme Court’s ruling earlier this year to allow the collection of state sales tax from out-of-state online [...]
State and Local Tax Checklist: Do You Know Your Obligations?
State and local tax (SALT) obligations aren’t always obvious. Many business owners we encounter have never thought about the possibility of having to pay taxes in another state. “But my [...]
Breaking News: Meals Still Deductible Under New Tax Laws
The Internal Revenue Service (IRS) issued guidance on Wednesday to reaffirm that taxpayers can still deduct 50% of their food and beverage expenditures for business meals related to operations. The [...]