by George Simpson | Oct 23, 2018 | Business News
Costs of Incorporating Your Business Business owners choose to incorporate their business because they perceive tax advantages, believe it will help their image or wish to limit their personal liability. If personal liability is a concern for you, we recommend working...
by George Simpson | Sep 26, 2018 | Business News
Common Payroll Mistakes Is it time to outsource? According to the IRS, each year 40 percent of small business owners who handle their own payroll taxes pay penalties for late filings and mistakes. Tax penalties can be expensive, requiring interest and fines on the...
by George Simpson | Aug 29, 2018 | Business News
How the New Tax Cut Affects Real Estate Investors If you own real estate investment property, you are probably in doubt whether you qualify for a deduction under the Tax Cuts and Jobs Act of 2017 (Sec. 199A). The Act does not specify whether a property investor is...
by George Simpson | Jul 25, 2018 | Business News
Are You Worried About Being Audited? Now that you have filed your taxes for 2017, you may wonder what your risk is of an audit by the IRS. The good news is that audits have become less likely. The agency has trimmed back despite the growth in population, and the...
by George Simpson | Jun 26, 2018 | Business News
California Tax Audit Dilemmas The Franchise Tax Board (FTB), which is responsible for enforcing California Income Tax laws, is not California residents’ and businesses’ best friend. This is especially true with the individual tax rate at 13.3 percent and business rate...
