Monthly Archives: November 2017

//November

Unique Charitable Giving Options

Article Highlights: Charitable Deduction AGI Limitations Special Hurricane Relief Contribution Provisions Donations of Unused Employer Time Off Contributions of Appreciated Assets IRA to Charity Contributions Cash Contributions Non-cash Contributions Avoiding Fraudulent Charities The end of the year and holiday season is the time of the year when everyone is feeling charitable, and a time when [...]

By |2017-11-17T18:56:27+00:00November 17th, 2017|Categories: Uncategorized|0 Comments

House Releases Tax Cuts & Jobs Act – See How It Might Affect Your Business

Article Highlights   Maximum Tax Rate on Business Income of Individuals Business Expensing Sec 179 Business Interest Expense Limitation Business Entertainment Sec 1031 Exchanges Self-Created Property Domestic Production Deduction Business Credits Corporate Tax Rate Personal Service Corporation Tax Rate Net Operating Loss   This is part 2 of a 2-part series on the proposed Tax [...]

By |2017-11-13T22:29:41+00:00November 13th, 2017|Categories: Uncategorized|0 Comments

Tax Cuts and Jobs Act – See How It Would Affect You Part 1

Tax Cuts and Jobs Act - See How It Would Affect You . Article Highlights Deductions Exemptions Tax Rates Family and Child Tax Credits Education Benefits Plug-In Electric-Vehicle Credit Alimony Home-Sale Gain Exclusion Moving Expenses Estate Taxes   This is Part 1 of 2 in a series on the proposed Tax Cuts and Jobs Act. [...]

By |2017-11-10T17:22:54+00:00November 10th, 2017|Categories: Uncategorized|0 Comments

A Beginner’s Guide to Bookkeeping

If you’re a new business owner, you might not remember the last night you slept more than four or five hours. Your days may be filled with developing marketing strategies, screening potential employees and trying to figure out how to set up a bookkeeping system. If working with numbers isn’t your favorite pastime, the latter [...]

By |2017-11-08T00:09:49+00:00November 8th, 2017|Categories: Uncategorized|0 Comments

Not All Interest Is Deductible For Taxes

Article Highlights: Interest Categories Category Deductibility Interest Tracing Rules A frequent question that arises when borrowing money is whether or not the interest will be tax deductible. That can be a complicated question, and unfortunately not all interest an individual pays is deductible. The rules for deducting interest vary, depending on whether the loan proceeds [...]

By |2017-10-27T16:42:22+00:00November 2nd, 2017|Categories: Uncategorized|0 Comments