When you employ your children to work in your business, make sure that you comply with both the IRS and… Read more Employing Your Children!

Changes included in the Tax Cuts and Jobs Act (TCJA) force you and other small-business owners to reconsider whether a… Read more Partnership Choices For an Entity

As has become usual practice, Congress passed some meaningful tax legislation as it recessed for the holidays.   In one… Read more SECURE Act

Yes, December 31 is just around the corner. That’s your last day to find tax deductions available from your existing… Read more Tax Guidance on Existing Vehicle

Here’s an easy question: Do you need more 2019 tax deductions? If yes, continue on. Next easy question: Do you… Read more Tax Guidance on Vehicle Purchase

The IRS recently issued new cryptocurrency guidance and is hot on your trail if you bought and sold cryptocurrency and… Read more New IRS Bitcoin Tax Guidance

Imagine this: you didn’t issue Form 1099s to your contractors. Now, the IRS is auditing your tax return, and the… Read more No 1099, No Deduction? True or False?

The Tax Cuts and Jobs Act (TCJA) likely requires that you rethink the tax strategies you were using on your… Read more You May Need to Rethink Land Investment Strategies

The new Individual Coverage HRA (ICHRA) lets you help employees with their health care costs without fear of ACA penalties.… Read more The New and Improved Health Care Reimbursement Arrangement

The simple maneuver of converting your personal residence to a rental property brings with it many tax rules, mostly good… Read more Converting Your Residence to a Rental