By Cliff Ennico As most of us prepare for a joyous holiday season in late December, lawyers, accountants, tax and financial planners prepare for the dreaded “year-end crunch,” when virtually all of our clients try to cram deals through the pipeline before the ball drops in Times Square on New Year’s Eve. As a young […]
By Jeff Watson Tax season: Few people get excited about it, and for many, it can be an extremely stressful and confusing time. Whether you choose to file your own returns via an online program (or, if you’re a total whiz, by using the paper forms from the IRS), or have a CPA do the […]
With the exception of CPAs who make a huge chunk of their income during tax season, most of us wish this time of year would never come around. Yet, it does, so we can reduce our pain and frustration by going into our tax preparation and filing with our eyes wide open and as prepared […]
This scenario is becoming more common every year: Digital nomads are roaming the world, seeing the sights, visiting friends and earning a decent income through their web-based businesses and activities. They might be renting apartments as they roam. They may be living on their boats or RVs; there are many possibilities. However, the footloose and […]
Sharpen your pencils. It’s time to deal with the IRS again. In this article we want to talk about something that’s referred to as the “Hummer deduction.” To be specific, it’s known as the Section 179 deduction. And it translates to allowing a business to write-off up to $500,000 for qualifying purchases — like newly-bought […]