Mar 8, 2017 Rather than keeping track of the actual cost of operating a vehicle, employees and self-employed taxpayers can use a standard mileage rate to compute their deduction related to...
Dec 8, 2016 You may be aware of the rule that allows businesses to deduct bonuses employees have earned during a tax year if the bonuses are paid within 2½ months...
Nov 22, 2016 A brief overview of the President-elect’s tax plan for individuals Now that Donald Trump has been elected President of the United States and Republicans have retained control of both...
Sep 2, 2016 Giving away assets during your life will help reduce the size of your taxable estate, which is beneficial if you have a large estate that could be subject...
Aug 30, 2016 If you go on a business trip within the United States and tack on some vacation days, you can deduct some of your expenses. But exactly what can...
Jul 12, 2016 The income tax credit for certain energy-efficient home improvements and equipment purchases was extended through 2016 by the Protecting Americans from Tax Hikes Act of 2015 (the PATH...
Jun 14, 2016 With health care costs continuing to climb, tax-friendly ways to pay for these expenses are more attractive than ever. Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs) and...
Mar 9, 2016 Tax-advantaged retirement plans allow your money to grow tax-deferred — or, in the case of Roth accounts, tax-free. But annual contributions are limited by tax law, and any...
Mar 1, 2016 Tax credits reduce tax liability dollar-for-dollar, making them particularly valuable. Two valuable credits are especially for small businesses that offer certain employee benefits. Can you claim one —...
Feb 18, 2016 2016 Schmidt Westergard Promotions Announcement Mesa, Arizona – February 1, 2016 – Schmidt Westergard & Company, PLLC promotes Christopher A. Jones to audit partner and Kelly M. White and...