As the graduation bells ring, for many accounting students the world of public accounting sits over the horizon. For the majority of public accounting firms it is expected of you…
Depreciation can be a confusing topic, especially as a property owner. The IRS establishes multiple lives and methods for depreciating assets, making it frustrating and seemingly impossible to determine which…
A recent article by Brendan Koerner published on the website of Wired Magazine is an interesting look at how the laws of one country affect the security of proprietary information…
Younger taxpayers often purchase life insurance to care for family members dependent on them if they were to die; but, elderly taxpayers often purchase life insurance to cover estate tax…
Here’s a link to a news article regarding the Quickbooks email phishing scam for those of you who may be unaware. Idaho Statesman: These eamils about QuickBooks software are actually…
Now that 2016 is coming to a close, it is time to start thinking about 2017 and all that comes with the new year. Below is a summary of housekeeping…
At age 70 ½, taxpayers are required to take required minimum distributions (RMD’s) from their IRA accounts: the government wants to collect their taxes from the earning retirees accumulated over…
Taxpayers can save family income and payroll taxes by putting a taxpayer’s child on the payroll of an owner where the mother or father is the owner (or owners of…
Happy New Year and welcome to the beginning of 2017! The New Year always brings a flurry of resolutions and unfortunately, a majority of those resolutions fall by the wayside…