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Tax Prepping! I use this time of the year to assist my business clients with their tax planning needs.  One of the most effective tax planning strategies is utilizing and maximizing your [...]

Tax Planning Season! It’s that time of the year.  No, not Halloween or even Thanksgiving, It’s Tax planning season.  In order to effectively plan both for this year and for future years it is [...]

Dear Jason, I will be selling a property later this year.  Can I still do a like kind (1031) exchange? Fran   Dear Fran, As of the writing article, like kind exchanges are still allowed.  [...]

EIDL Increase The U.S. Small Business Administration (SBA) is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster [...]

Dear Jason, I have withholding taken from my paychecks, but I have not filed my tax returns for several years.  Am I in trouble? What should I do? Mary   Hi Mary, We work with clients who [...]

I have been getting a lot of questions on the 2021 Child Tax Credit. Many of my clients were asking if they should accept the child payments that began this year or opt out of receiving them. [...]

July 4th, hotdogs, hamburgers, apple pie, and taxes.  Hopefully, you are able to enjoy the 4th with good health, friends, and some good food.  Just as American as the 4th is the US tax code.  As [...]

Dear Jason, I own a C Corporation and hear in the news that the tax rates for C Corps may increase to 28%.  Is there anything that I can do? Joe   Hi Joe, It is becoming more costly for [...]

You can now support your favorite restaurant(s) and get a larger tax deduction. We are slowly returning to a pre-pandemic environment in the USA.  Many States are lifting restrictions and [...]

Dear Jason, If I take my business clients out to a sporting event or a game of golf, can I deduct it from my taxes? Fred   Hi Fred, Prior to 2018, entertainment for business owners was a [...]