Sevierville here we come!

Sevierville here we come!

New Location! Craine, Thompson and Jones, P.C. is excited to announce that we are opening an office at 248 Bruce Street in Sevierville, Tennessee  beginning in December. More information coming soon. View Map Search for: Recent Posts Sevierville here we come! Fixed...
Fixed Asset and Depreciation Refresher for Businesses

Fixed Asset and Depreciation Refresher for Businesses

Fixed Asset and Depreciation Refresher for Businesses  Questions/Answers  What should be capitalized?  What should be expensed? The basis of accounting for both tax and book purposes for depreciable fixed assets is cost and all normal expenditures of readying an asset...
Work from home? This applies to you!

Work from home? This applies to you!

The Home Office Deduction, Simplified   By Jarrod Carter, CPA   June 10, 2014   For taxpayers who use their homes for business purposes, they may reap the benefits from the new, simplified method of the home office deduction. The Internal Revenue...
Mid year 2014 tax law changes.

Mid year 2014 tax law changes.

Tax law in this country is always changing. We have compiled a list of current updates and changes to the law thus far for 2014. This list is not all inclusive, but does contain items that impact everyone. Its never to early to plan for your 2014 tax return. A health...
Higher stakes for tax treatment of rental real estate

Higher stakes for tax treatment of rental real estate

Higher stakes for tax treatment of rental real estate. Search for: Recent Posts Sevierville here we come! Fixed Asset and Depreciation Refresher for Businesses Work from home? This applies to you! Mid year 2014 tax law changes. Higher stakes for tax treatment of...