Tax season brings many things: shoeboxes of receipts, checkbooks, refunds, and unfortunately scammers and identity thieves. It’s not just the phony IRS emails either. This year the Georgia Department of Revenue has been flooded with phone calls regarding calls they didn’t make to many taxpayers. This article from the Atlanta Business Chronicle explains the latest…
Deductible mortgage interest is limited to interest on acquisition debt and equity debt interest up to certain limits. Learn more in this week’s Tax Tip.
ABLE accounts allow disabled people to have up to $100,000 without jeopardizing their Medicaid benefits. Learn more in this week’s Tax Tip.
As a large employer, you may be subject to the employer shared responsibility provisions under the ACA. Learn more in this week’s Business Tip.
Can’t wait to get on the road again? Before you leave for business, learn the 2016 mileage rates used for deductions. Read all about it in this week’s Tax Tip.
Is it time to replace your business vehicle? Consider the tax ramifications when you decide what to do with the old one. We explain in this week’s Business Tip.
Health insurance premiums are some of the largest expenses individuals pay, but for some, they may be tax deductible. Learn more in this week’s Insurance Tip.
One of the biggest mistakes you can make is not filing your return because you owe money. Read all about it in this week’s Tax Tip.
You can delay your first required minimum distribution, but then you will have to take two distributions that year. We explain in this week’s Financial Tip.
You can delay your first #RMD, but then you will have to take 2 distributions the next year.
Our experts discuss an S Corp owner who is trying to determine how much he should pay himself as a salary and how much should be a distribution.
