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 Service implemented...
Standard mileage rates go down slightly in 2014

Standard mileage rates go down slightly in 2014

Standard mileage rates go down slightly in 2014. 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 rental real...
IRS offers new method for home office deductions

IRS offers new method for home office deductions

  If you currently deduct home office expenses, or plan to, this article (link below) is a must read. The article from the July Issue of the Journal of Accountancy addresses a new way of calculating home office expenses. It also provides clear guidance on what is and...
What your CPA expects from you.

What your CPA expects from you.

Regardless if you are new to your CPA firm or if you have been a client for years, the following list can assist you in providing a complete set of documents to your CPA. Providing these documents, can help your CPA ask the right questions and possibly avoid spending...
New Business Startup Checklist

New Business Startup Checklist

If you are considering starting a new business please review the New Business Startup Checklist (see link below). We hope that the checklist will be a simple and effective tool to aid you in the development of your new business. New Business Startup Checklist Search...