Tax Tips & More
CPA Steals Payroll Taxes, Owner Has to Pay the IRS
When you own and operate a business, you must exercise vigilant oversight, including watching over your payroll taxes. Here’s an example of why.
Blueprint for Employee-Spouse 105-HRA (Health Reimbursement Arrangement)
I’m excited to introduce you to a valuable strategy that could significantly reduce your taxable income by converting personal medical expenses into business deductions.
5 Rules for Turning Your Vacation into Tax-Deductible Business Travel
Here’s an idea: how about transforming your next vacation into business travel? With careful planning, your transportation to any destination could be fully deductible.
Create Tax-Free Fringe Benefit Deductions for Your Smartphone
I hope you can benefit from this fringe benefit opportunity related to business smartphones.
Tax Rules for Providing Free Meals and/or Lodging to Employees
If you’re wondering about tax-free treatment for employer-provided meals and lodging, you may find the following overview helpful.
Working Overtime? Take Advantage of Tax-Free Supper Money
Tax law often discriminates against company owners, granting them no or fewer fringe benefits. But you, the owner, are not discriminated against when it comes to supper money.
May 2024 Tax Due Dates
May 10: Tips for April 2024 reported to employer (Form 4070)
June 2024 Tax Due Dates
June 10: Tips for May 2024 reported to employer
June 17: Estimated tax payment for 2nd quarter of 2024
June 17: U.S. taxpayers living and working abroad file 2023 tax return
June 17: U.S. taxpayers living and working abroad file form 4868 to request 4-month income tax return filing extension (payment of tax not extended)
June 17: Military personnel on duty outside the U.S. file 2023 tax return
June 17: Military personnel on duty outside the U.S. file Form 4868 to request 4-month income tax return filing extension (payment of tax not extended)
July 2024 Tax Due Dates
July 10: Tips for June 2024 reported to employer