Certified Public Accountants + Advisors
When your business places newly acquired qualifying assets into service, tax-saving benefits are generally available. Under Section 179 of the tax code, businesses can take substantial depreciation deductions, with limits …
The recent aftermath of devastating hurricanes highlights the critical need for business continuity planning. Disasters, whether natural or man-made, are often inevitable, but their impacts on businesses can be mitigated. …
Do you pay premiums for Medicare health insurance? If so, you may be able to combine them with other qualifying healthcare expenses and claim them as an itemized deduction for …
Teachers who are getting their classrooms ready for a new school year often pay for some of their classroom supplies out-of-pocket. They may be able to get some of that …
If you check the Internal Revenue Code, you may be surprised to find that most business expenses (deductions) aren’t specifically listed there. For example, the tax law doesn’t explicitly state that …