December 2018

pWith the introduction of the Tax Cuts and Jobs Act, many taxpayers are wondering how it will affect the tax deductibility of their medical items – like insurance.  Largely, the new tax bill has left these deduction as they were, albeit perhaps harder to take the itemized deductions/ppThe first medical deduction that most people thing of is actual

pWhen most of us think about running our business, we think about the fun things like product development, marketing and customer outreach.  For most business owners, the idea of accounting is, to say the least, not exciting.  We know we need it, and moreover, we love to do everything ourselves. But at the end of the day.

pYou had a great idea and now you’ve put it in motion as a business.  And while income recognition is easy to determine, qualified business deductions can be a bit harder.  So… what are the most common tax deductions for small businesses?/ppAny materials you utilize for marketing your business and the cost of developing these can be deductible.  Th

pIt used to be that the term “a href=https://en.wikipedia.org/wiki/Internal_Revenue_Code_section_1031Section 1031 Exchange/a” or even “Like-Kind Exchange” was uncommon except in certain circles.  But as the idea of tax strategies have reached more and more taxpaye