Tax Tips & More
Deducting Your Timeshare Stays as Business Lodging Costs
If you own a timeshare and use it only for personal and business lodging, you have a unique opportunity to maximize your tax benefits.
Shutting Down a Partnership: Tax Implications
As you consider winding down your partnership, here’s a concise overview of what you might expect under three typical scenarios of partnership dissolution.
Did You Overfund a 529 Plan? Consider a Roth IRA Rollover
What happens if your child or other beneficiary doesn’t use all the money in the 529 account or decides not to go to college?
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.
Best Practices When E-Filing Returns
Avoid future problems by following these best practices for e-filing.
Common Mistakes in Tax Preparation
Avoid errors that can occur when preparing tax returns by learning these common mistakes.
What Are Your Chances of Being Audited?
These red flags could increase your chances of the IRS selecting your return for audit.
July 2025 Tax Due Dates
July 10: Tips for June 2025 reported to employer
August 2025 Tax Due Dates
August 11: Tips for July 2025 reported to employer
September 2025 Tax Due Dates
September 10: Tips for August 2025 reported to employer
September 15: Estimated tax payment for third quarter of 2025