Accelerate Depreciation Deductions With a Cost Segregation Study
Is your business depreciating over a 30-year period the entire cost of constructing the building that houses your operation? If so, you should consider a cost segregation study. It may
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Mark Your Calendars! Time to Get Ready for Your Small Business 1099-Misc Reporting
A month after the new year begins, your business may be required to comply with rules to report amounts paid to independent contractors, vendors and others. You may have to
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Selling Stock By Year End? Avoid the Wash Sale Rule.
How the rule works Under this rule, if you sell stock or securities for a loss and buy substantially identical stock or securities back within the 30-day period before or
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50% Deduction for Business Meals
The 2017 Tax Cuts and Jobs Act (TCJA) included a change to the meals and entertainment deduction and disallowed businesses to take the 50% for entertainment, amusement or recreation expenses.
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