1.16.19
Higher Mileage Rate May Mean Larger Tax Deductions for Business Miles in 2019
This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business increased by 3.5 cents, to the…
1.16.19
How Experts Use Tax Returns to Find Hidden Assets
Business owners engaged in fraudulent activities often try to manipulate their companies’ financial statements. Fortunately for fraud experts, business owners’ tax returns aren’t as easy…
1.16.19
Leverage Fringe Benefits to Reduce Costs
Construction is a highly competitive industry in the private sector. But when it comes to public projects, winning a job can be even more cutthroat.…
1.15.19
How to Put Financial Statements to Work for Your Business
Spring is the time of year that calendar-year-end businesses receive financial statements that conform to U.S. Generally Accepted Accounting Principles (GAAP) and prepare tax returns.…
1.10.19
Employee Incentives: How to Attract and Retain Talent
Attracting and retaining high-quality talent can be a struggle for many organizations due to a stronger economy and increase in job availability. Today’s job marketplace…
1.8.19
Controlling Overhead Costs in Your Medical Practice
It’s easy to think that increasing revenue will lead to greater profitability in your medical practice, and many times it does. But if overhead costs…
1.3.19
2019 Tax Calendar
January 15 — Individual taxpayers’ final 2018 estimated tax payment is due. January 31 — File 2018 Forms W-2 (“Wage and Tax Statement”) with the Social Security…
1.3.19
7 Ways to Prevent Elder Financial Abuse
As tax season ramps up, so do the efforts of scam artists looking to steal people’s financial data and money. Such fraudulent activities often target…
1.3.19
Laying the Groundwork for Your 2018 Tax Return
The Tax Cuts and Jobs Act (TCJA) made many changes to tax breaks for individuals. Let’s look at some specific areas to review as you…
1.3.19
How to Trim the Fat from Your Inventory
Inventory is expensive, so it needs to be as lean as possible. Here are some ways to trim the fat from your inventory without compromising…